NewsBTC

4 September 2025

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Ondo Finance Launches Global Markets for Tokenized US Stocks and ETFs

Ondo Finance has launched Ondo Global Markets, allowing non-US investors to access over 100 tokenized US stocks and ETFs on the Ethereum blockchain. This initiative aims to provide significant market exposure for eligible investors in Asia-Pacific, Africa, and Latin America.

• The price of Ondo's native token, ONDO, increased by over 6%, approaching $1 from an opening of $0.86.
• Tokenization enables both retail and institutional investors outside the US to mint and redeem tokenized US stocks and ETFs 24/5, leveraging traditional exchange liquidity.
• These tokenized assets are fully backed by underlying securities with US-registered broker-dealers, mirroring performance including dividends and corporate actions.
• Future plans include expanding to other networks such as BNB Chain, Solana, and Ondo Chain.
• Ondo Finance reports over $1.4 billion in total value locked (TVL) across 10 chains.

As of writing, ONDO trades at $0.96, reflecting a 60% growth year-to-date but remains 54% below its all-time high of $2.