Ondo Finance and Ondo Foundation jointly announced the launch of Ondo Global Markets. The platform allows non-U.S. investors to seamlessly access over 100 tokenized U.S. stocks and ETFs on Ethereum, with plans to expand to hundreds or even thousands of assets within the year.

The platform is currently live on the Ethereum mainnet and will soon expand to BNB Chain, Solana, and Ondo Chain. Retail and institutional users outside the U.S. can instantly mint and redeem tokenized U.S. stocks and ETFs on a 24/5 basis, subject to jurisdictional and other restrictions. These tokenized assets provide exposure to the full economic benefits of the underlying U.S. stocks and ETFs, with full support and protection through 1:1 backing by real stocks and ETFs held by one or more U.S. registered broker-dealers, as well as in-transit cash.