Ondo tokenizes over 100 US stocks and ETFs on BNB Chain
Summary
Ondo Global Markets has integrated its real-world asset tokenization platform onto the BNB Chain, granting access to over 100 tokenized US stocks and exchange-traded funds (ETFs) to the chain's 3.4 million daily active users. The primary trading platform for these tokenized assets will be PancakeSwap, BNB Chain's largest decentralized exchange. Ondo's mission is to democratize access to US financial products for non-US investors, particularly in Asia and Latin America, by making them available 24/7, transparently, and efficiently via blockchain technology. This move follows Ondo's earlier launch on Ethereum two months prior, where it secured significant total value locked. Ondo is noted as one of the largest RWA tokenization platforms since its 2021 launch.
(Source:Cointelegraph)