Ondo has launched over 100 tokenized US stocks and ETFs on Ethereum, with plans to add support for BNB Chain and Solana. The launch appears to be part of a collaboration with other financial companies, including Alpaca and Franklin Templeton, which is offering 24/7 tokenized ETFs. The development has reportedly driven up the value of the ONDO token and tokenized equities, with some outlets suggesting the tokenized equities have surpassed $1 billion.