The gap between traditional finance and digital assets has become even smaller as millions gain unprecedented access to blue-chip stocks through their crypto wallets. Real-world asset tokenization platform Ondo Global Markets has launched over 100 tokenized US stocks and ETFs on the BNB Chain, opening Wall Street’s doors to millions of users daily.
The integration enables BNB Chain users to trade tokenized versions of popular equities and ETFs via PancakeSwap, one of the largest decentralized exchanges on the BNB Chain.
What is the advantage of this development? First, users can use their cryptocurrency to buy the tokenized equities, and secondly, they can make purchases with instant settlement, transparent custody, and zero intermediaries: features that are non-existent in the traditional systems.
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Democratizing Access Beyond Borders
For such launches, Ondo targets non-US investors in Asia and Latin America who face barriers to accessing American securities through conventional brokerage accounts. The platform transforms traditional financial products into blockchain-based assets available around the clock.
“BNB Chain hosts one of the largest and most engaged global user bases in Web3,” said Nathan Allman, Ondo Finance’s Founder and CEO. “Expanding here lets us deliver tokenized securities to users worldwide in a fast and cost-efficient environment.”
Ondo launched a similar offering on the Ethereum network two months ago. According to experts, the BNB Chain expansion follows this launch, leveraging the BNB’s lower gas fees compared to Ethereum to make expansion more feasible and broaden the customer base.
The Ethereum launch of Ondo Global Markets has secured over $350 million in total value locked and generated nearly $670 million in on-chain trading volume. The Ondo platform has tokenized approximately $1.8 billion in assets since July 2021, serving roughly 28,370 holders across its products.
