Ondo Finance Strengthens Global Access to Tokenized Equities

Ondo Finance has expanded its tokenized securities platform to the BNB Chain, strengthening its presence in the rapidly growing real-world asset market. The growth will enable taking millions of BNB Chain users worldwide with tokenized U.S. stocks and ETFs. By making this step, Altcoin would improve access to American equities through blockchain-based settlement and custody systems.

Ondo Finance invests further in the tokenized equities.

The BNB Chain launch will enable Ondo to target more than $3.4 million in daily active users within the network ecosystem. Stakeholders outside the U.S. have been able to trade more than 100 tokenized U.S. stocks and ETFs, including those of Apple and Tesla, among others. The integration supports 24-hour access to equities that settle immediately on-chain and provides transparent asset management.

https://x.com/OndoFinance/status/1983519229274943948

The expansion into BNB Chain will result in a more substantial presence in Indonesia and Latin America, where blockchain is widely implemented. The transfer is also in line with BNB Chain's plan to market tokenized real-life assets by decentralizing its infrastructure. By launching this, we will connect traditional financial markets to digital ecosystems, providing better access to tokenized assets.

Since the introduction of the Global Markets platform in September, it has exceeded $350 million in total value locked. More than $669 million in on-chain trading volume was also registered by the company, which is also an indicator of high demand in the global market. The recent growth strengthens its position as a Token-based securities issuer among world leaders.

Strategic Growth and Market Expansion

Ondo remains on the path of growth acceleration through partnerships and acquisitions. The company previously raised $20 million in an equity round of capital led by the Founders Fund, led by Peter Thiel, and a $10 million public sale of tokens. These achievements enabled Ondo to build a stronger capital base and increase its product ecosystem.

Over the past few months, it has partnered with World Liberty Financial to encourage the use of Token-based real-world assets. It also acquired a broker controlled by the United States, Oasis Pro, and a blockchain developer, Strangelove, to enhance its compliance and technology framework. These projects will help Ondo achieve its long-term objective of creating a scalable and regulated blockchain-based finance platform.

The information provided by DeFiLlama states that Ondo Finance now controls nearly $1.8 billion of total value locked up. The company's expansion is relatively stable, indicating that interest in tokenizing the real world has increased in practice. As part of the quest to achieve the goal of moving traditional assets to the blockchain economy, the expansion leads to the growth of decentralized finance as BNB Chain consolidates its standing in the industry.