Ondo Finance Launches Blockchain-Based Platform to Tokenize US Securities

Ondo Finance has launched a new initiative called Ondo Global Markets (Ondo GM), focusing on bringing US securities such as stocks, bonds, and ETFs onto the blockchain.

The platform aims to address inefficiencies in traditional financial markets, such as high fees, limited access, and platform fragmentation, which have hindered both investors and financial institutions.

Through the use of blockchain technology, Ondo GM seeks to make financial markets more accessible, transparent, and efficient, much like how stablecoins have revolutionized the availability of US dollars.

The platform will allow users to tokenize securities, offering over 1,000 listings from major exchanges like the NYSE and Nasdaq, including well-known companies such as Apple and Tesla. Each token will be backed 1:1 by the underlying security.

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In addition, the launch of Ondo GM marks a shift toward continuous, global trading of these tokenized assets, a trend that is pushing traditional exchanges to adapt.

On February 3, Cboe Global Markets, a leading securities exchange, announced it would introduce 24-hour weekday trading to meet the growing demand for round-the-clock access to US equities. As RWA tokenization continues to grow, the traditional exchange model is facing increasing competition from these always-on blockchain solutions.

Kosta Gushterov