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.
Ondo Finance Enables 24/7 Minting and Redemption for Tokenized Stocks
Ondo Finance took a new step in the evolution of real-world assets (RWAs) by enabling the creation and redemption of tokenized stocks and ETFs 24 hours a day, seven days a week. The update is now available on Ethereum and BNB Chain and aims to eliminate one of the main limitations these products still inherited […]
Ondo partners with Mirae Asset to tokenize Global X ETF lineup
Ondo Finance said it has partnered with Mirae Asset to tokenize part of the Global X ETF lineup through Ondo Global Markets. The company described the agreement as a first for Asia’s asset management sector, saying Mirae will be the first asset manager in the region to bring exposure to its existing ETF lineup onchain.
Ondo Finance Launches Tokenized SpaceX Shares Across Solana, Ethereum, and BNB Chain
Ondo Finance has listed SPCXon, a tokenized asset tied to SpaceX stock exposure, on Ondo Global Markets as SpaceX began public trading. The launch brings one of the market’s most closely watched IPOs into onchain infrastructure through a product designed to track the economic performance of the underlying shares.
XRP Ledger Pilot Links Treasury Redemption to Bank Settlement
The XRP Ledger processed the asset leg of a pilot tokenized U.S. Treasury redemption in under five seconds, triggering a coordinated fiat settlement through Mastercard’s Multi-Token Network and J.P. Morgan’s Kinexys. The test connected public-ledger finality with correspondent banking settlement, showing how institutional tokenized assets could move through a near-real-time, end-to-end redemption flow.
BlackRock, Ondo, and BUIDL dominate RWAs: Does this signal the end of “decentralized” crypto or its inevitable maturation?
The RWA boom is forcing crypto to confront a contradiction it avoided during easier cycles: real-world assets need real-world gatekeepers. RWA.xyz shows $26.71 billion in distributed asset value across tokenized real-world assets, while tokenized U.S. Treasuries alone sit near $10 billion with 59,004 holders. BlackRock’s BUIDL, issued through Securitize, and Ondo’s Treasury-linked products have become […]