Bitget Taps Ondo Finance to Launch Tokenized Stocks

Bitget cryptocurrency exchange and Bitget Wallet have partnered with Ondo Finance, a leading issuer in the tokenized real-world asset (RWA) space, to offer tokenized stocks and exchange-traded funds (ETFs). According to a blog post , this partnership allows users to securely access traditional financial assets anytime, day or night. Benefits of Bitget and Ondo Finance Partnership With this new service, users can trade major stocks like Apple, Tesla, Amazon, and Nvidia 24/7. As such, bringing these traditional assets into the decentralized finance (DeFi) space. This makes both companies one of the first global platforms to offer on-chain securities trading outside the United States. Additionally, the partnership allows users to access over 100 tokenized stocks and ETFs, connecting traditional finance with the world of cryptocurrency. Each tokenized asset is backed 1:1 and available on-chain. This offers more transparency, security, and greater access for investors worldwide. Notably, access to these tokenized financial products will depend on local laws. This means some users, especially those in the United States, might not be able to participate. Despite these limitations, this launch is an important step in expanding Bitget’s CeDeFi ecosystem worldwide. It is also worth noting that the tokenized asset is available on Ethereum (ETH). However, there are plans to expand to Solana, BNB Chain, and other supported blockchains. Ondo Global Markets Goes Live Worldwide Recall that a few days ago, Ondo Finance and the Ondo Foundation launched Ondo Global Markets . This platform gives investors around the world continuous on-chain access to U.S. stocks and exchange-traded funds. Intriguingly, this initiative shows that tokenization of real-world assets is moving into a new phase. As reported by TheCoinRise, Ondo Global Markets is now live for eligible investors across Asia-Pacific, Europe, Africa, and Latin America. Unlike many tokenized stock platforms that have low trading activity or work only in closed systems, Ondo Global Markets focuses on easy access . It lets investors move tokenized stock across wallets, exchanges, and apps while staying connected to traditional market liquidity. Meanwhile, Ondo Finance has teamed up with major industry players to give the new platform strong support. Crypto Firms Push for Tokenized Stock Trading Crypto exchanges Coinbase and Kraken have shown interest in offering tokenized stock trading with regulatory approval. Coinbase’s legal chief, Paul Grewal, recently called the approval of tokenized equities a “huge priority” for the platform . Meanwhile, Robinhood, a leading financial company, has announced that its European users can now trade U.S.-listed stocks and ETFs as tokens on the Arbitrum blockchain. These updates are part of Robinhood’s goal to integrate traditional finance with blockchain technology on a single platform. Similarly, Kraken has launched tokenized stock trading on its platform, backed one-to-one by Apple and Microsoft. The service currently excludes users in the U.S., Canada, Europe, the U.K., and Australia, reflecting the complex legal environment. The post Bitget Taps Ondo Finance to Launch Tokenized Stocks appeared first on TheCoinrise.com .