Ondo Finance on Wednesday launched its tokenized capital platform called Ondo Global Markets, offering non -American investors access to more than 100 US actions and funds quoted in the stock market (ETF) In the chain.
Tokenized actions, announced for the first time in February, have been launched in Ethereum and are backed by values held in the stockbrokers registered in the United States, the firm said.
The offer includes versions of Apple cryptographic token (AAPL)Nvidia (NVDA) and the ETF QQQ among others. Investors in Asia-Pacific, Europe, Africa and Latin America can coin and exchange the shares throughout the day during negotiation days, with access to underlying exchange liquidity. The service is not available for users of us.
Tokens are designed to move freely between wallets, exchanges and decentralized finances (Defi) Protocols The firm has also been associated with Bitgo, Ledger, Chainlink and other infrastructure suppliers to support the deployment.
Ondo said he plans to expand the selection to more than 1,000 assets at the end of this year and take the service to Solana and BNB chain (BNB) with interoperability fueled by layer.
“We saw Stablecoins export the US dollar by bringing it in the chain,” said Nathan Allman, founder and CEO of Ondo Finance. “Now, Ondo Global Markets is doing the same for US values.”
The deployment occurs as the tokenization of real world assets (RWAS) It obtains impulse in cryptography markets, with projects that bring treasures, private credit and now blockchains actions that seek broader access and liquidity.
A list of commercial platforms and exchanges has introduced actions touched in recent months, even by Robinhood, Gemini, Kraken and several other cryptographic exchanges. Coinbase and Etoro also shared plans to offer the commerce of token shares. However, some offers attracted a violent reaction on possible issues, such as the limited rights of shareholders and fragmented regulations.
