Ondo Finance launches tokenized stocks and ETFs

Ondo Finance and the Ondo Foundation have launched more than 100 tokenized stocks and ETFs, The Block reported. The tokens are initially issued on Ethereum and are slated for future expansion to Solana and BNB Chain. The offering is expected to grow to include approximately 1,000 assets by the end of the year. Eligible investors in the Asia-Pacific region, Europe, South America, and Africa can trade these tokens on Ondo Global Markets. CoinNess previously reported that self-custody wallet Trust Wallet is partnering with Ondo Finance to support its tokenized stocks and ETFs.