Ondo Finance announces the launch of Ondo Global Markets

Jinse Finance reported that Ondo Finance and Ondo Foundation have jointly announced the launch of Ondo Global Markets. This platform enables non-U.S. investors to seamlessly access over 100 tokenized U.S. stocks and ETFs on Ethereum, with plans to expand to hundreds or even thousands of assets within the year. The platform is now live on the Ethereum mainnet and will soon expand to BNB Chain, Solana, and Ondo Chain. Retail and institutional users outside the United States can instantly mint and redeem tokenized U.S. stocks and ETFs 24 hours a day, five trading days a week (subject to jurisdictional and other restrictions). These tokenized assets provide full economic exposure to the underlying U.S. stocks and ETFs, and are fully backed 1:1 by real stocks and ETFs held in custody with one or more U.S.-registered broker-dealers, as well as in-transit cash.