Ondo Global Markets witnesses a surge in tokenized stocks

TapChiBitcoin
ONDO-2,27%

Ondo Finance, a pioneer in real-world asset tokenization, announces that their Ondo Global Markets platform has supported trading of tokenized stocks worth millions of dollars in just 24 hours. Transactions involving token versions of companies like Google, Broadcom, and Silver have reached seven-figure trading volumes. The platform allows users to trade high-demand U.S. stocks such as Nvidia, BlackRock, and Coinbase with liquidity and price transparency similar to Nasdaq or NYSE listings.

By settling trades on Ondo Ledger, the platform enables 24/7 global access, eliminating traditional trading hours restrictions and multi-day settlement cycles. CEO Nathan Allman emphasized that the increase in trading volume signals a shift in how stocks are paid on-chain. The Ondo platform, utilizing custody backed by top-tier banks, issues 1:1 value tokens that can be used in DeFi, offering features superior to traditional brokerage accounts. As global regulations move toward standardizing tokenization, Ondo is leading the way in building the future of tokenization.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments