Ondo brings tokenized stocks to Hyperliquid as Global Markets tops $1B in TVL
Summary
Ondo Finance has launched its tokenized stocks and ETFs on Hyperliquid’s HyperEVM, enabling users to bridge assets from Ethereum and BNB Chain via LayerZero. This integration allows traders to pair tokenized spot exposure with perpetual positions, facilitating advanced strategies such as basis trading and delta-neutral hedging. The tokens track traditional assets like NVDA and TSLA to provide economic exposure without direct share ownership.
This expansion follows Ondo Global Markets reaching a milestone of over $1 billion in total value locked (TVL), holding roughly 70% market share among tokenized equity issuers. Currently, the platform supports more than 260 tokenized US stocks and ETFs across multiple blockchains and continues to broaden its regulatory reach across the EU and EEA.
(Source:Crypto Briefing)