Ondo Finance Expands Tokenized Securities Offering, Adding BlackRock’s IBIT & Galaxy Digital
Highlights
- Ondo Finance adds BlackRock's IBIT and Galaxy Digital among 60 new tokenized securities.
- The platform expands tokenized assets to over 250 amid growing regulatory clarity.
- ONDO token plunges 1% amid broader crypto market pressure.
Ondo Finance has further expanded its tokenized securities offering, adding over 60 new tokenized stocks and exchange-traded funds (ETFs). The new additions include BlackRock’s iShares Bitcoin Trust (IBIT) and Galaxy Digital (GLXY) amid growing regulatory clarity on real-world assets (RWA) tokenization from the U.S. Securities and Exchange Commission (SEC).
Ondo Finance Adds Over 60 New Tokenized Stocks and ETFs
Ondo Finance, the largest tokenized stock platform, has added more than 60 new tokenized securities across major sectors and trends. The newly listed stocks and ETFs included Galaxy Digital (GLXY), BlackRock’s iShares Bitcoin Trust ETF (IBIT), and Solana ETFs.
Other newly listed stocks on Ondo Finance are IonQ, Eaton, Rocket Lab, GE Vernova, VinFast Auto, Northrop Grumman, Vertex Pharmaceuticals, and SolarEdge Technologies. Also, the newly listed ETFs include iShares MSCI India ETF and Vanguard Real Estate ETF.
The newly listed tokenized assets are tradable immediately. The Ondo Global Markets platform now supports over 250 assets across Ethereum, Solana, and BNB Chain networks, expanding access to the world’s largest capital markets.
Recently, Bitget expanded spot market access with Ondo Finance tokenized stocks, ETFs and precious metals. The rollout integrates traditional financial instruments into a single USDT-based trading account.
Growing RWA Adoption amid SEC Push for Tokenized Securities Regulation
Total RWA value on Ondo Finance is almost $2.6 billion, consisting primarily of tokenized US Treasuries, stocks, and commodities across several blockchain networks, according to RWAxyz data.
The demand for tokenized RWA continues to grow, particularly among institutional investors bringing traditional financial instruments on-chain. Ondo expanded its tokenized securities after the US SEC approved Nasdaq’s proposal for tokenized securities trading this week.
Tokenization benefits in near-instant settlement, easier trading of fractional shares, and extended or 24/7 trading hours in the future. This comes following the SEC’s release of tokenized securities guidelines earlier this year.
ONDO, the native token of the Ondo Finance platform, is down more than 1% today and more than 3% in a week, despite growing tokenization demand. The intraday low and high are $0.2531 and $0.2632, respectively. Trading volume is down 21% ahead of crypto options expiry.
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