Ondo Finance has announced a major update to its Ondo Global Markets (Ondo GM) platform, introducing a tokenization framework designed to bring publicly traded securities onchain.
Ondo GM’s platform will enable investors outside the U.S. to gain onchain exposure to thousands of U.S. publicly traded securities, including stocks, bonds, and ETFs.
Each token will be backed 1:1 by an underlying asset and will be freely transferable outside the U.S.
The platform will also support third-party financial application development through APIs and SDKs, expanding the ecosystem for tokenized securities.
The new model allows for the creation of freely transferable tokens, similar to stablecoins, to improve liquidity and accessibility in financial markets.
Today’s investing experience remains burdened by high fees, limited access, transfer frictions, and platform fragmentation. Ondo (ONDO) believes blockchain technology can address these inefficiencies by providing a more open, efficient, and transparent system.
A system that models stablecoins
Originally, Ondo GM planned to tokenize securities through a fully permissioned system tied to traditional broker-dealers.
However, after discussions with industry stakeholders, the company shifted to a model that mirrors stablecoins, allowing permissions at the distribution layer rather than restricting token transferability.
Key features of Ondo GM include instant minting and redemption, 24/7 global access, full liquidity, built-in margin access, and onchain financial services. Investors can also opt into securities lending to generate additional yield.
The platform’s blockchain-based record-keeping ensures interoperability across financial services, enabling users to borrow, trade, and manage assets without platform lock-in.
