#USA #New York #Global Markets #Ondo Finance #Tokenized Stocks

Ondo Global Markets Launching Tokenized U.S. Stocks and ETFs

In a groundbreaking move for investors worldwide, Ondo Finance has announced the launch of Ondo Global Markets, providing access to over 100 tokenized U.S. stocks and exchange-traded funds (ETFs) on the Ethereum blockchain. This initiative opens new doors for international investors seeking to engage with the robust U.S. securities market.

What is Ondo Global Markets?

Ondo Global Markets aims to bridge the gap between international investors and the $64 trillion U.S. securities market. This platform allows qualifying non-U.S. investors from the Asia-Pacific, Africa, and Latin America to easily mint and redeem tokenized stocks and ETFs continuously—24 hours a day, five days a week. With the goal of adding hundreds more assets by the end of the year, this pioneering service is set to reshape the investment landscape.

The newly launched platform is significant not only because of the variety of assets available but also for utilizing the Ethereum blockchain, with future expansions slated for BNB Chain and Solana. These developments underscore a trend towards democratizing financial access, making it easier for non-U.S. residents to participate in a market historically characterized by high fees and limited accessibility.

Key Features of Ondo Global Markets

• - 24/7 Accessibility: Investors can conduct transactions anytime, eliminating the barriers associated with traditional stock trading hours.
• - Deep Liquidity: The platform connects users with traditional exchange liquidity, enhancing the ease of access for on-chain investors.
• - Seamless Integration with DeFi: Ondo tokenized stocks are designed for easy integration into decentralized finance (DeFi) applications. This means users can leverage their assets within the DeFi ecosystem without losing the benefits of tokenized equities.
• - Secure Asset Backing: Each tokenized stock is fully backed by actual U.S. stocks held in custody by registered U.S. broker-dealers, ensuring that investors feel secure in their assets.

Breaking Down Barriers

Historically, international investors faced numerous hurdles when attempting to access U.S. equity markets, including high transaction costs, bureaucratic complexities, and geographical restrictions. Ondo’s launch of Global Markets aims to dismantle these barriers, making it simpler and more cost-effective for a wider audience. Nathan Allman, Founder and CEO of Ondo Finance, stated, “We saw stablecoins circulate the U.S. dollar on-chain; now we are doing the same for U.S. securities.”

By allowing tokenization of stocks and ETFs on Ethereum’s blockchain, Ondo Global Markets is changing how investors interact with the stock market. This innovative approach can potentially empower millions who were previously locked out of traditional capital markets. Operating continuously and leveraging blockchain technology greatly reduces the obstacles posed by time zone differences and exchange fees.

Looking Ahead

With plans to expand its offerings and reach, Ondo Global Markets positions itself as a leader in the increasingly competitive landscape of tokenized finance. The company envisions a future where investors can access a diverse array of assets unimpeded by traditional barriers. As Ondo continues to innovate, its commitment to inclusivity and market efficiency shines through.

For more information about Ondo Global Markets, investors can visit ondo.finance/global-markets.

About Ondo Finance

Ondo Finance is a cutting-edge blockchain technology company focused on accelerating the transition to an open economy. Dedicated to building technologically advanced platforms, Ondo thrives on creating an inclusive environment for financial markets.

Final Thoughts

As Ondo continues its mission of transforming finance, it sets a precedent for others in the industry. This moment signifies a revolutionary step forward for accessibility in investment. By bringing tokenized assets to Ethereum, Ondo has opened a new chapter in investing, challenging traditional financial restrictions and inviting a broader audience to the table.