Ondo | Crypto

Binance listed 10 of Ondo's tokenized stocks, ETFs and commodities on Binance Alpha with UAE regulatory approval, expanding crypto access to real-world assets. Binance, the world’s largest crypto exchange by trading volume, is rolling out support for tokenized equities from Ondo Global Markets in its latest push into real-world assets (RWAs). The exchange has listed Ondo’s tokenized stocks, funds and commodities on its Binance Alpha platform, according to an announcement shared with Cointelegraph on Tuesday. The integration features 10 tokenized assets at launch, including AAPLon, NVDAon and QQQon, corresponding to Apple, Nvidia and the Invesco QQQ Trust ETF, with additional assets planned for the future. Read more

Price feeds for SPYon, QQQon and TSLAon are now live on Ethereum, allowing the Ondo-issued tokenized equities to be used as collateral in DeFi lending markets. Ondo Finance said its Ondo Global Markets platform has integrated Chainlink as its official data oracle, enabling price feeds for tokenized US stocks including SPYon, QQQon and TSLAon to go live on Ethereum. According to a post from Ondo on Wednesday, the feeds are now being used on Euler, where users can post the tokenized equities as collateral to borrow stablecoins. The integration provides onchain pricing data for the tokenized assets, allowing decentralized finance (DeFi) protocols to set collateral parameters and manage liquidations based on reference prices tied to the underlying equities. The feeds incorporate corporate actions such as dividends, enabling applications to reference updated equity values. Read more

Ondo showcases rapid growth in tokenized assets and unveils plans to turn that momentum into a full-stack on-chain financial services ecosystem at its summit.

The rollout provides access to tokenized US stocks, ETFs and commodities through Ondo GM tokens for non-US users on Ethereum, excluding 30 jurisdictions at launch. MetaMask, the self-custodial crypto wallet developed by Ethereum software company Consensys, is rolling out access to tokenized US stocks, exchange-traded funds and commodities through Ondo Global Markets. Starting Tuesday, eligible MetaMask users in non-US countries will be able to access 200 tokenized US stocks, ETFs and commodities such as gold and silver on Ethereum network, the company said in a statement shared with Cointelegraph. The offering allows users to acquire tokenized assets via MetaMask Swaps by swapping Circle’s USDC (USDC) stablecoin into Ondo Global Markets (GM) tokens, which are designed to track the value of their underlying assets on a 1:1 basis. Read more

January’s unlock calendar is heavily concentrated, with four major projects accounting for more than one-third of all tokens set to enter circulation. More than $5.5 billion in cryptocurrencies are scheduled to unlock in January, with ONDO, BGB, HYPE and TRUMP tokens accounting for some of the biggest releases.  According to Tokenomist’s token unlocks data tracker, January will see over $5.5 billion in token unlocks. About $2.5 billion will be released through a cliff unlock, which means the tokens are unlocked all at once. Another $3 billion will enter circulation through linear releases, distributing tokens gradually over time, creating less abrupt supply increases.  Crypto vesting is the process of locking token allocations and releasing them over time to prevent early or sudden increases in circulating supplies. These schedules often include an initial lockup followed by periodic unlocks, aligning long-term incentives while managing market impact.  Read more

State Street Investment Management and Galaxy Asset Management are launching a tokenized private liquidity fund on Solana, with Ondo expected to invest $200 million. State Street Investment Management and Galaxy Asset Management are joining forces with Ondo Finance on a tokenized liquidity fund that will push cash “sweep” balances directly onto public blockchains, creating a potential source of 24/7 onchain liquidity. The planned State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, is designed to take in and pay out PayPal’s (PYUSD) stablecoin for accredited investors, the companies said on Tuesday. Ondo is expected to seed the fund with $200 million, tying a major tokenized real-world asset (RWA) issuer directly into State Street’s tokenization stack. The fund will be powered by Galaxy Digital infrastructure, while State Street Bank and Trust Company, an affiliate of State Street Investment Management, will act as custodian. Read more

US tokenization platform Ondo is preparing to offer tokenized stocks and ETFs in 30 European countries after receiving approval in Liechtenstein. Ondo Global Markets, a US-based tokenization platform, has received regulatory approval to offer tokenized stocks to European investors. Liechtenstein Financial Market Authority (FMA) has granted Ondo approval to launch its tokenized stocks and exchange-traded funds (ETFs) in the European Union and the broader European Economic Area (EEA), the company announced on Tuesday. “With this milestone, more than 500 million investors in 30 European countries can soon access regulated exposure to US markets directly onchain,” Ondo said. Read more

More than 3.4 million daily users of BNB Chain now have access to over 100 tokenized stocks and ETFs on Wall Street after the latest move from Ondo Global Markets. Real-world asset tokenization platform Ondo Global Markets has expanded its tokenized product offerings to BNB Chain, enabling access to more than 100 Wall Street stocks and exchange-traded funds to BNB Chain’s user base. “The integration provides BNB Chain — with its 3.4 million daily active users and expansive DeFi ecosystem — access to over 100 tokenized US stocks and ETFs, supported by leading ecosystem projects such as PancakeSwap,” Ondo said in a statement on Wednesday. PancakeSwap is BNB Chain’s largest decentralized exchange and will be the primary platform for trading tokenized versions of US stocks and ETFs. Read more

Ondo Finance and Pantera Capital have launched a $250 million fund to accelerate investments in tokenized real-world assets (RWAs), Axios reported on July 3. According to the report, the fund, named Ondo Catalyst, will invest in equity stakes and tokens of projects developing tokenized versions of traditional financial assets. Ian De Bode, chief strategy officer […] The post Pantera, Ondo launch $250M fund to drive RWA tokenization appeared first on CryptoSlate.

The new initiative aims to invest in projects that enhance tokenized finance and on-chain capital markets, Ondo said.