Ondo Finance Launches Custodial Tokenized U.S. Stocks via Broadridge Governance Integration
Ondo Finance has launched a custodial tokenized U.S. securities model on Ethereum, introducing tokenized versions of BlackRock’s iShares Core S&P 500 ETF and Micron stock within existing domestic regulatory frameworks. The deployment was announced in partnership with Broadridge Financial Solutions and is presented by Ondo as a production-ready structure for bringing traditional equities onchain.
Tokenized Repo Moves Market Plumbing Toward Near-Instant Settlement
Major repo market participants are shifting core settlement infrastructure onto distributed ledgers, using tokenized cash and securities to compress settlement windows and reduce counterparty risk. The change marks a structural upgrade to financing-market plumbing, with platforms such as JPMorgan’s Kinexys, Broadridge’s DLR and the Canton Network already processing large volumes through pilots and early deployments.