Ondo Finance launched its Global Markets platform, creating digital versions of more than 100 U.S. stocks and exchange-traded funds on the Ethereum blockchain to provide non-U.S. investors 24-hour access to traditional markets.
The decentralized finance company said the platform addresses barriers for global investors including high fees, geographic restrictions and limited trading hours in accessing the $64 trillion U.S. securities market.
“Wall Street 2.0 is here,” Ondo Finance said in a social media announcement Tuesday, detailing features including round-the-clock peer-to-peer transfers, instant creation and redemption during market hours, and compatibility with DeFi protocols.
The tokenized stocks function similarly to stablecoins, allowing users to hold them as collateral in DeFi applications rather than solely for passive investment, the company said. Ondo Finance said this design addresses liquidity and pricing issues that have affected earlier tokenization efforts by directly connecting to traditional exchange liquidity through broker partner Alpaca.
Assets are fully backed by U.S. stocks and ETFs held at registered broker-dealers, with daily third-party verification and an independent security agent enforcing priority interest for token holders, according to the company.
The platform has secured support from major cryptocurrency wallets including Bitget, Trust Wallet and OKX, protocols such as Chainlink, 1inch and Morpho, and custodians BitGo and Fireblocks.
Ondo Finance plans to expand to additional blockchain networks including BNB Chain and Solana, with hundreds more assets planned.
The launch taps into the growing real-world asset tokenization sector, valued at approximately $24 billion in mid-2025. Boston Consulting Group projects the market could reach $18.9 trillion by 2033, though estimates vary due to regulatory and adoption challenges.
The company’s ONDO token price surged following the announcement, reflecting market interest in tokenized securities as firms including BlackRock explore similar offerings.
Non-U.S. users can access the platform through supported wallets and exchanges for immediate trading and DeFi integration.
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