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[BUSINESS] · United States · 2 sources

Ondo Finance wins FINRA approval as tokenized securities wallets surpass one million

The number of wallets holding tokenized securities has crossed the one‑million mark, with more than $34 billion of digital assets such as tokenized stocks, government bonds, funds and commodities now on the blockchain. Large financial institutions including the Depository Trust & Clearing Corporation, BlackRock, JPMorgan, Goldman Sachs, Nasdaq and the New York Stock Exchange are expanding infrastructure for trading and settlement of digital securities.

Ondo Finance, through its subsidiary Oasis Pro Markets, received additional authorization from the U.S. Securities regulator FINRA. The clearance enables the platform to offer a broad range of tokenized equities and funds under U.S. supervision, strengthening Ondo’s foothold in the regulated American market. Analysts note that the regulatory milestone could support a potential price rally for the ONDO token, which is currently trading around $0.41 after recent technical indicators showed bullish momentum.

The development reflects a broader industry trend toward mainstream adoption of tokenized assets, with the growing wallet base indicating expanding investor interest beyond pilot projects.

Entities: BlackRock · Depository Trust & Clearing Corporation · Depository Trust & Clearing Corporation (DTCC) · FINRA · FINRA (Financial Industry Regulatory Authority) · Financial Industry Regulatory Authority (FINRA) · JPMorgan Chase · Oasis Pro Markets · Ondo Finance