Ondo Finance Launches Platform to Tokenize Stocks, Bonds, and ETFs
In a move to bridge traditional finance and blockchain technology, Ondo Finance has launched Ondo Global Markets (Ondo GM)—a new platform designed to bring stocks, bonds, and exchange-traded funds (ETFs) onchain.
While Ondo has yet to reveal which specific assets will be available, the firm—valued at over $600 million—is already the third-largest tokenized Treasury issuer, per rwa.xyz data.
The launch of Ondo GM aims to address inefficiencies in conventional finance, such as high fees, restricted access, and a fragmented investment landscape.
“Traditional capital markets are in need of an upgrade. By leveraging blockchain, we’re making institutional-grade finance more open, efficient, and transparent,” Ondo said in a statement on X.
The platform will allow the creation of tokenized securities with built-in compliance mechanisms to regulate who can trade them.
Ondo Finance has scheduled its first-ever summit on Feb. 6 in New York, where it plans to make additional key announcements in the lead-up to the event.
