Ondo Tokenizes BlackRock ETF On-Chain
Ondo Finance is scaling its tokenized securities platform through new products, DeFi integrations, regulatory approvals, and potential acquisitions.
Ondo Finance tokenized a BlackRock ETF and Micron stock on Ethereum, marking the first regulated on-chain trading of US securities under an SEC-guided framework. The platform also added on-chain shareholder voting rights to tokenized equity holders, and ONDO's token price rose 7.44%.
Tokenised Stocks: the plumbing is real, but read the small print
Ondo just tokenised a BlackRock ETF and a listed US stock on a public blockchain, inside the SEC's own custodial framework, with shareholder voting rights attached via Broadridge.
The rails actually work but who benefits?
The pitch is access — ordinary people trading US equities around the clock, on-chain. The reality is a regulated custodial wrapper, meaning someone else still holds the underlying asset. You get a digital representation of a stock, not the stock. The custody problem doesn't disappear; it migrates to a new set of intermediaries dressed in blockchain clothing.
6 sources
- THE STREET: Ondo Finance brings U.S. stocks onchain for the first time following SEC guidance · thestreet.com · T2
- Ondo expands tokenized equities with onchain shareholder voting · cointelegraph.com · T1
- Ondo Tokenizes BlackRock ETF and Micron Stock in First US-Regulated Debut - unchainedcrypto.com · news.google.com · T1
- Ondo Finance launched on-chain trading of US tokenized securities under US regulatory framework · en.coin-turk.com · T2
- FINANCE FEEDS: Ondo Brings Tokenized BlackRock ETF and Micron Stock to Ethereum · financefeeds.com · T2
- ONDO jumps 7.44 percent and enters a critical accumulation zone! What are analysts watching now? · en.coin-turk.com · T2