Ondo Finance launches tokenized US stocks on Ethereum
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Ondo Finance has launched a platform offering tokenized US stocks on Ethereum, allowing for 24/7 minting and redemption. The platform includes tokenized stocks and ETFs, with some reports indicating it is SEC-aligned and features collateral options. The launch appears to be part of a broader trend in the financial sector, with some outlets noting significant market capitalization and growth in tokenized assets.
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