Ondo Finance has unveiled Ondo Global Markets (Ondo GM), a pioneering platform that aims to revolutionize the tokenization of US securities. This blockchain-based initiative allows users to tokenize stocks, bonds, and ETFs from major exchanges like NYSE and Nasdaq, offering a seamless and transparent way to invest in well-known companies like Apple and Tesla.
The goal of Ondo GM is to tackle inefficiencies in traditional financial markets, such as high fees, limited access, and platform fragmentation. By leveraging blockchain technology, the platform enables 24/7 global trading of tokenized assets, making financial markets more accessible to a wider range of investors. The tokens will be fully backed 1:1 by the underlying securities, ensuring their value aligns with the real-world assets.
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The move comes at a time when traditional exchanges are facing growing competition from blockchain-based platforms. Recently, Cboe Global Markets announced plans for 24-hour weekday trading to meet increasing demand for continuous trading. Ondo GM’s model could further disrupt traditional finance by offering always-on access to tokenized US securities.
With over 1,000 listings and a focus on reducing inefficiencies, Ondo GM is set to become a key player in the ongoing trend of Real-World Asset (RWA) tokenization, creating new opportunities for both institutional and retail investors. The launch marks a significant step toward decentralizing financial markets and providing investors with more control and flexibility.
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