TechFlow news, September 3 — Ondo Finance and Ondo Foundation jointly announced the launch of Ondo Global Markets. The platform enables non-U.S. investors to seamlessly access over 100 tokenized U.S. stocks and ETFs on Ethereum, with plans to expand to hundreds or even thousands of assets by year-end.
The platform is now live on the Ethereum mainnet and will soon expand to BNB Chain, Solana, and Ondo Chain. Retail and institutional users outside the U.S. can instantly mint and redeem tokenized U.S. stocks and ETFs five days a week, 24 hours a day (subject to jurisdictional and other restrictions). These tokenized assets provide full economic exposure to the underlying U.S. stocks and ETFs and are fully backed 1:1 by actual stocks, ETFs, and in-transit cash held at one or more U.S.-registered broker-dealers.
