{"id":93625,"date":"2025-09-04T04:00:23","date_gmt":"2025-09-04T04:00:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=93625"},"modified":"2025-09-04T04:00:23","modified_gmt":"2025-09-04T04:00:23","slug":"ondo-price-skyrockets-as-over-100-tokenized-assets-and-etfs-are-set-for-ethereum-debut","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=93625","title":{"rendered":"ONDO Price Skyrockets As Over 100 Tokenized Assets And ETFs Are Set For Ethereum Debut"},"content":{"rendered":"

Ondo Finance, a Layer 1 (L1) blockchain protocol, has recently announced the launch of Ondo Global Markets, designed to enable non-US investors to access over 100 tokenized US stocks and exchange-traded funds (ETFs) on the Ethereum <\/a>(ETH) blockchain.\u00a0<\/p>\n

Following this announcement, the price of Ondo\u2019s native token, ONDO, surged over 6% close to the $1 mark after opening the week at $0.86, aligned with the broader crypto market\u2019s correction.\u00a0<\/p>\n

Founder Calls Ondo Global Markets A \u2018Breakthrough\u2019<\/h2>\n

According to the protocol\u2019s press release<\/a>, Ondo Global Markets aims to provide one of the largest gateways for global exposure to US markets, particularly for eligible investors in the Asia-Pacific, African, and Latin American regions.\u00a0<\/p>\n

The newly launched platform is now live on the Ethereum blockchain, with plans to expand to other networks, including BNB Chain, Solana (SOL), and Ondo Chain.\u00a0<\/p>\n

The new platform allows both retail and institutional investors outside the US to mint and redeem tokenized US stocks and exchange-traded funds<\/a> 24\/5, utilizing traditional exchange liquidity where applicable.\u00a0<\/p>\n

These tokenized assets are reportedly fully backed by the underlying securities held with US-registered broker-dealers.. Investors will benefit from total economic returns equivalent to those of the underlying stocks, including price fluctuations, dividends, and corporate actions, as each token mirrors the performance of its asset.<\/p>\n

Nathan Allman, the Founder and CEO of Ondo Finance, expressed enthusiasm about the launch, stating, \u201cOndo Global Markets is a breakthrough in financial access.\u201d\u00a0<\/p>\n

He emphasized that the platform allows global investors to tap into the largest selection of transferable tokenized US stocks and exchange-traded funds on-chain, drawing a parallel to how stablecoins <\/a>have introduced the US dollar into the digital realm.<\/p>\n

Bridging Traditional Assets And Blockchain Technology<\/h2>\n

A spokesperson for Ondo Finance highlighted <\/a>the similarities between tokenized stocks and USD-pegged stablecoins, noting that the former provides the same total-return exposure as their underlying assets:<\/p>\n

Tokenizing the US dollar created an entirely new level of global reach and usability for dollars. Similarly, tokenized Treasuries have exploded in adoption, growing over 7,000% since 2023, because they meet real needs: 24\/7 access to US dollar-denominated assets, and the ability to hold a stablecoin with yield. Ondo was one of the first movers here and continues to lead this space, with over $1.4B in TVL across 10 chains.<\/p>\n

To facilitate this service, Ondo tokenized stocks will be supported by a wide array of leading crypto wallets<\/a>, exchanges, and infrastructure providers, including Bitget Wallet, Trust Wallet, OKX Wallet, and Chainlink, among others.\u00a0<\/p>\n

The spokesperson who spoke with The Defiant believes this extensive support network allows investors to easily access and manage their tokenized equities across various on-chain applications.<\/p>\n

When writing, ONDO trades at $0.96, being one of the few tokens recording gains in all time frames. However, despite the cryptocurrency\u2019s 60% growth year-to-date, it still trades 54% below its $2 record price.\u00a0<\/p>\n

Featured image from DALL-E, chart from TradingView.com <\/p>","protected":false},"excerpt":{"rendered":"

Ondo Finance, a Layer 1 (L1) blockchain protocol, has recently announced the launch of Ondo Global Markets, designed to enable non-US investors to access over 100 tokenized US stocks and exchange-traded funds (ETFs) on the Ethereum (ETH) blockchain.\u00a0 Following this announcement, the price of Ondo\u2019s native token, ONDO, surged over 6% close to the $1 […]<\/p>\n","protected":false},"author":0,"featured_media":93626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-93625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93625"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=93625"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/93626"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}