HomeCoinsAltcoinIs Ondo Finance the onchain hub for tokenized stocks and RWAs?

Is Ondo Finance the onchain hub for tokenized stocks and RWAs?

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Non-US users can now access over 100 tokenized US stocks and ETFs on Blockchain.com's self-custody wallet through Ondo Global Markets. The rollout went live around October twentieth and is aimed toward distribution, not trading direction or pricing. It adds Apple, Tesla, Nvidia and broad market ETFs in tokenized form for eligible jurisdictions.

Ondo and Blockchain.com are positioning the combination as a approach to bring traditional stocks right into a 24/7 wallet environment. Crucially, the change doesn’t change the best way these underlying assets are traded on their primary trading venues; it changes where and the way the exposure takes place. The tokens reference real securities while users hold them in a crypto-native interface.

This access drive follows Ondo's Global Markets focus in September and continues the corporate's motto of expanding its reach through partners reasonably than chasing speculative flows. The focus stays operational: more rails, more wallets and clearer ways for non-US users to carry regulated exposures.

SEC letter calls for transparency ahead of Nasdaq plan

Ondo has formally asked the US Securities and Exchange Commission to postpone the Nasdaq tokenized securities proposal until the post-trading mechanisms are public. In a letter dated Oct. 15, the corporate said details of the Depository Trust Company token agreement have yet to be disclosed in order that investors and competitors understand the background. The request is aimed toward process clarity and never at blocking tokenization.

The independent reporting reflected these concerns and underscored that the SEC needed insight into how DTC would handle token settlement by way of timing, controls and fairness. The reporting portrayed Ondo's stance as pro-transparency: make the infrastructure public after which move on. Reuters previously laid out Nasdaq's broader plan and tentative 2026 timeline, placing Ondo's letter in a fast-moving political context.

In practice, the letter signals a deal with market structure. Ondo wants uniform rules in order that tokenized shares have equal rights and are processed in keeping with clear standards. Until these elements are visible, the corporate argues, approving major changes to exchange rules would risk uneven access.

The license stack is accomplished with the Oasis Pro deal

Earlier this month, Ondoc accomplished its acquisition of Oasis Pro, adding a US broker-dealer, alternative trading system and transfer agent functionality. The licenses expand Ondo's ability to issue, trade and repair regulated tokenized securities under existing supervision. The company announced completion on October sixth.

This stack is significant for execution quality and investor protection. With an in-house BD, ATS and TA, Ondo can handle onboarding and secondary trading inside a well-recognized regulatory framework. This setup can also be consistent with the corporate's call for transparency in tokenization proposals on the exchange level.

Additionally, the agreement enables Ondo to attach distribution partners – akin to wallets and fintechs – to regulated rails without tailored exemptions. The result’s operational: it strengthens the connection between token interfaces and the prevailing market infrastructure.

Stablecoin and network reach expand USDY

Beyond tokenizing stocks, Ondo’s USDY expanded into DeFi as a collateral this month. Stablecoin project STBL has designated USDY as the first collateral for as much as $50 million in USST minting capability, a move that focuses on reserve quality and issuance discipline reasonably than price motion. The collaboration outlines over-collateralization and clear support.

Network coverage also increased. On September 17, Ondo launched USDY on Stellar, adding a payments-focused rail that emphasizes speed and global reach. The deployment follows a pattern: Place USDY on mainstream networks to fulfill different sales and settlement needs.

Taken together, collateral adoption and network expansion support a broader no-price thesis. Ondo is constructing connective tissue – regulated licensing, wallet distribution and standardized rails – in order that tokenized assets and yield products flow through clearer, audited channels.

The post portrays Ondo as a number one tokenization player. It cites $1.8 billion price of tokenized RWAs, including $1.48 billion price of tokenized treasuries, and claims that Ondo Global Markets has access to over 100 tokenized U.S. stocks and ETFs. It also highlights a distribution agreement with Blockchain.com that expands availability to a big wallet base while maintaining assets in self-custody.

Ondo RWA snapshot. Source: Dami-Defi on X

Meanwhile, the thread highlights recent ecosystem partnerships. It mentions PancakeSwap on the BNB chain and suggests expanding routes for swaps and onboarding. From this attitude, Ondo focuses on Rails, licensing and integrations reasonably than industrial conversations or pricing narratives.

However, treat the numbers and superlatives as marketing claims until they’re verified against primary sources and dashboards. Access to tokenized stocks typically is determined by jurisdiction, KYC, and broker-dealer settings, so availability may vary by region. Likewise, the reported “under 2 months” DEX volume growth is indicative, but requires a selected window and data source to permit comparison between locations.

ONDO is retesting the important thing support zone

Ondo returned to a key weekly support area where the chart shows repeated reactions in previous market cycles. The current structure is near the VWAP line around $0.79, which has served as the bottom for several rallies all year long. Each time the worth entered this area, ONDO later generated a robust bullish impulse, making this level a technical pivot point for the trend direction.

ONDO weekly support zone. Source: Solberg Invest on XONDOUSD Weekly Support Zone. Source: Solberg Invest on X

The bearish wick below support signals volatility but additionally shows buyers stepping in to defend the zone. If support holds for prolonged periods, it may possibly form one other base of accumulation. The chart suggests that the market is waiting for confirmation – either a bounce that regains momentum or a breakdown that sends the worth back to fill the wick.

Solberg's note highlights a conditional scenario: Altseason would favor ONDO on account of its strong narrative and former macro momentum. However, support still needs a transparent response before directional bias takes effect. Pending confirmation, the chart shows ONDO trading at a call point where buyers and sellers are testing control at historically critical levels.

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