- Introduction of live trading of over 100 tokenized U.S. stocks and ETFs onchain.
- Enhanced market accessibility through Bitget Exchange and Wallet.
- Opens opportunities for non-U.S. investors with a minimum investment of $1.
Ondo Finance and Bitget have launched onchain trading of over 100 tokenized U.S. stocks and ETFs, including Apple and Tesla, accessible globally via Bitget Exchange.
This initiative bridges traditional and decentralized finance by offering 24/7 access and potentially altering global asset accessibility.
Ondo Finance and Bitget have introduced live trading of over 100 tokenized U.S. stocks and ETFs onchain. This initiative, which includes giants like Apple, Tesla, Microsoft, and Nvidia, offers enhanced trading accessibility via Bitget Exchange and Wallet.
Significant Milestone Achieved in Tokenization
The event marks a significant milestone, representing the largest rollout of tokenized equities to date. It’s backed by regulated custodians, allowing non-U.S. investors to participate with a minimum investment as low as $1, promoting financial inclusion globally.
This move is poised to influence both traditional and decentralized finance. By offering securities-backed tokens, retail investors can access real-world equities, thereby broadening market appeal and improving financial market accessibility.
Impact on Financial Systems
The rollout is anticipated to drive the narrative around real-world asset tokens, though no immediate changes in total value locked (TVL) or DeFi flows have been reported. These offerings aim to eliminate legacy financial barriers and trading limits.
Gracy Chen, CEO, Bitget, said, “This initiative is part of Bitget’s push to bridge traditional finance and decentralized finance” [source].
Future Potential
Regulatory and institutional acceptance is gauged to influence expansion and adoption. Support from notable platforms and custodians bolsters its credibility, while the project’s alignment with compliance frameworks assures investor confidence.
Potential outcomes include a structural shift toward securities-backed tokenization, particularly in non-U.S. markets. This could reshape investments, enhancing global equity access. Expert insights underline the innovative bridging of conventional and decentralized financial systems.