NEAR Protocol partners with Ondo Finance to bring tokenized U.S. stocks on-chain

NEAR Protocol has partnered with Ondo Finance to integrate tokenized U.S. stocks, ETFs, and commodity-linked products into its ecosystem. Through the NEAR Intents cross-chain infrastructure, eligible users can access tokenized exposure to over 450 assets, including shares of NVIDIA, Tesla, Apple, and Microsoft, as well as the QQQ ETF.

This integration allows users to manage traditional securities and digital assets, such as Bitcoin and USDC, through a single account without the need for manual bridging across different blockchains. The service utilizes NEAR Intents to handle routing and execution across more than 30 networks, providing a confidential transaction layer that prevents the public broadcasting of transaction details.

Separately, market analysts have noted significant momentum for the NEAR token. Following a substantial rally, the price has shown increased activity in the derivatives market, with open interest rising significantly. Some technical analyses suggest the token is testing key resistance levels as market participation strengthens.