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[TECHNOLOGY] · United States · 3 sources

Ondo Finance and Exodus Launch 200+ Tokenized Assets on Solana

Ondo Finance partnered with Exodus Movement to make more than 200 tokenized stocks, exchange‑traded funds and other real‑world assets available on the Solana blockchain. The service, called Exodus Markets, is integrated into Exodus’s self‑custodial wallet, allowing users in supported jurisdictions to buy, sell and hold these tokenized securities directly from the app.

The rollout follows a rapid expansion of tokenized equities, which have grown to a $5.5 billion market value this year. Regulators in the United States and South Korea are scrutinising the sector, with the U.S. SEC proposing rule changes and South Korea’s Ministry of Economy and Finance considering whether tokenized stocks should be treated as securities. While the tokenized assets do not convey traditional shareholder rights, the partnership aims to bring traditional finance onto blockchain rails, offering faster settlement and programmable features.

By leveraging Solana’s high‑throughput network, the launch is expected to boost transaction activity on the chain and signal growing institutional interest in on‑chain tokenization.

Sources

about 2 months ago
about 2 months ago