Blockchain.com and Ondo Expand Tokenized Stocks

Blockchain.com and Ondo Finance have introduced the enlargement of their partnership to carry onchain real-world property to Europe. Eligible customers throughout the European Financial Space can now entry regulated, tokenized U.S. shares and exchange-traded funds straight via the Blockchain.com DeFi pockets.

The providing builds on a rollout launched final 12 months in Africa and South America, the place greater than 200 tokenized U.S. equities and ETFs had been made out there to native customers.

By means of the combination, customers in 30 EEA nations should purchase, promote, and maintain tokenized U.S. shares and ETFs inside a non-custodial pockets setting, with out opening conventional brokerage accounts. Asset administration is dealt with inside the prevailing Blockchain.com Pockets interface.

The partnership additionally extends to tokenized commodities. Ondo International Markets offers onchain publicity to treasured metals ETFs, together with merchandise linked to gold and silver, alongside its fairness and ETF choices.

Picture: Freepik