Ondo gets approval to trade tokenized stocks, ETFs in Abu Dhabi

ONDO Global Markets has received approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to trade tokenized stocks and ETFs on Binance, CoinDesk reported. ONDO Global Markets is the platform for Ondo Finance (ONDO) that provides on-chain exposure to U.S. securities, listing tokenized shares of companies such as Amazon, Alphabet, Apple, Circle, and Nvidia. This marks the first time the trading of tokenized securities has been approved under ADGM regulations.