After the closing of the New York Stock Exchange and NASDAQ, global investors often have to wait for the next trading day. However, with the emergence of tokenized securities, this situation is changing—now, investors can trade tokenized Apple stocks or SPDR S&P 500 ETFs anytime and anywhere, as easily as trading cryptocurrencies.
As a leader in the RWA tokenization space, Ondo Finance holds nearly 40% of the global tokenized securities market share, and it is revolutionizing the way global investors access the U.S. market by bringing traditional financial assets onto the blockchain.
In this context, Gate has announced the launch of the Ondo spot trading section, with the first batch of 26 tokenized asset trading pairs, including SPYON/USDT (tracking the S&P 500 ETF), QQQON/USDT (tracking the NASDAQ ETF), TSLAON/USDT (tracking Tesla stocks), and more. At the same time, users can participate in a CandyDrop airdrop reward of 384,615 $ONDO. Through this section, global investors can finally buy and sell on-chain versions of U.S. stocks and ETFs around the clock, just like trading cryptocurrencies.
If Gate is the "window" for RWA to reach users, Ondo Finance is the "engine" driving RWA implementation. Unlike early projects that only attempted to tokenize illiquid assets, Ondo chooses to directly bring high-liquidity assets such as U.S. Treasury bonds, money market funds, and blue-chip stocks onto the blockchain. This approach greatly enhances the usability and attractiveness of tokenized products.
Founded by former members of the Goldman Sachs investment banking team, Ondo is well-versed in the regulatory and compliance frameworks of traditional finance and understands the innovative logic of blockchain. Its core products include: the short-term U.S. Treasury fund OUSG, the money market fund OMMF, and the tokenized note USDY, providing crypto users with low-risk, stable return asset options.
More importantly, Ondo has achieved innovative breakthroughs in mechanism design: primary market issuance requires strict KYC and compliance checks, while tokens in the secondary market can circulate freely in non-U.S. regions and DeFi protocols, operating similarly to the stablecoin USDC. This "dual-layer structure" ensures compliance while releasing liquidity, allowing RWA tokens to truly possess the attributes of financial instruments.
For tokenized assets to truly enter the mainstream market, compliance and security are non-negotiable prerequisites. Ondo ensures that its issuance and circulation comply with relevant provisions of the U.S. Securities Act by acquiring the SEC-registered broker-dealer Oasis Pro and providing a qualified investor framework for non-U.S. investors. In terms of asset security, Ondo's tokenized assets are fully backed by actual securities held in custody, in collaboration with custodians and auditing firms like BitGo and Ledger, ensuring transparency and risk resistance.
In terms of technology, Ondo is not only focused on Ethereum but has also expanded to Solana and BNB Chain, and is planning its own chain, Ondo Chain, to achieve lower costs and cross-chain interoperability. RWA tokens are no longer just isolated mapped assets but have become collateral and foundational liquidity modules available for DeFi protocols. In other words, Ondo is transforming RWA into financial "LEGO blocks," providing higher quality underlying assets for the next generation of DeFi applications.
The traditional U.S. stock market has strict trading hours and settlement rules: only 6.5 hours per trading day, and cross-border investors are often constrained by time zones and account opening thresholds. However, tokenized U.S. stock assets directly break through these limitations. Under Ondo's design, the price of the on-chain Apple token (AAPLon) can maintain a high degree of synchronization with NASDAQ AAPL, allowing users to complete transactions and settlements at any time.
What does this mean for the U.S. stock market? First, trading timeliness is completely disrupted. Investors are no longer forced to wait for the market to open and can adjust their positions at any time globally. Second, cross-border thresholds are significantly lowered. On platforms like Gate, investors only need a crypto wallet and USDT to buy and sell tokenized SPYON or TSLAON, without going through the cumbersome process of opening a brokerage account. Third, market participation is enhanced. Emerging market investors who previously hesitated to enter the U.S. stock market can now do so with low barriers, potentially bringing new capital flows and pricing logic.
In the long run, if the RWA tokenization model becomes widespread, the global liquidity of U.S. stocks is expected to be further amplified, possibly even giving rise to a "Wall Street 2.0" that operates around the clock.
From the product implementation of Gate to the mechanism innovation of Ondo, and the potential transformation of U.S. stock trading models, we can see a clear trend: RWA tokenization is becoming a bridge between traditional finance and crypto finance. It is not just a change in asset form but a restructuring of market dynamics.
In the coming years, clear regulations, mature technology, and the evolution of user habits will determine whether RWA can truly enter the mainstream. If this trend continues, the collaboration between Gate and Ondo may just be the beginning, with more institutions and platforms joining in to promote the popularization of tokenized assets. At that time, global investors may find themselves living in a "24/7 financial market" without time and space constraints, and Wall Street will also be revitalized with the support of blockchain.
Related: From 10 million tokens transferred to the first hour explosion, the strategic game behind Gate's rush for WLFI
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
