Ondo Finance to Debut Tokenized U.S. Stocks, ETFs on Solana Early Next Year
CoinDesk
Ondo Finance will launch a platform for 24/7 trading of tokenized U.S. stocks and ETFs on the Solana blockchain early next year.Summary
Real-world asset (RWA) issuer Ondo Finance announced plans to introduce its tokenized stock and exchange-traded fund (ETF) trading platform on the Solana blockchain in early next year. This integration aims to bring its growing catalog of tokenized financial products to Solana, enabling 24/7 trading of U.S. stocks and ETFs with near-instant settlement for both retail and institutional investors. Ondo Finance is currently the largest RWA operator, having issued approximately $365 million in tokenized assets. This move follows its recent expansion to the BNB Chain in October and comes after the U.S. Securities and Exchange Commission closed a confidential investigation into Ondo without filing charges.
(Source：CoinDesk)