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How Ondo Finance plans to bring tokenized US stocks to Solana

Cointelegraph
Ondo Finance plans to launch tokenized US stocks and ETFs on Solana in early 2026, using a custody-backed model.

Summary

Ondo Finance intends to expand its tokenized real-world asset offerings by launching tokenized US stocks and ETFs on the Solana blockchain in early 2026. These tokens will provide holders with economic exposure, including dividends, to the underlying securities, which will be held by US-registered broker-dealers. Formal shareholder rights will remain with the custodial structure, not the token holder. The system is designed for 24/7 trading and near-instant settlement, contrasting with traditional markets. Minting and redemption will align with traditional market hours (24/5) to keep tokens anchored to the underlying assets. Solana's Token Extensions, specifically Transfer Hooks, will be utilized to embed compliance and transfer restrictions directly into the tokens, enforcing eligibility rules across the ecosystem. Ondo chose Solana for its large retail audience, fast execution, and low fees, aiming to make regulated financial exposure feel native to crypto users.

(Source:Cointelegraph)