Ondo Finance and FLOQ partner to bring tokenized U.S. stocks to Indonesia

Ondo Finance and FLOQ have signed a Memorandum of Understanding (MoU) to explore providing eligible users in Indonesia with exposure to tokenized U.S. stocks and exchange-traded funds (ETFs). The agreement was formalized during Indonesia Blockchain Week (IDBW) 2026 in Jakarta.

The partnership aims to combine Ondo Finance’s blockchain infrastructure for tokenized public-market securities with FLOQ’s regulated digital asset platform, which serves over 1.8 million registered users. The companies will evaluate product integration, local distribution, technical requirements, user education, and the necessary regulatory pathways before such products can be made available.

This initiative follows significant growth in Indonesia’s digital asset sector. According to the Financial Services Authority (OJK), Indonesia recorded 22.69 million digital financial asset and crypto consumers in June 2026, with monthly crypto transaction values reaching IDR 28.58 trillion.