Home Exodus Launches Tokenized Stock Marketplace With Ondo, Adds 200+ Onchain Equities

Exodus Launches Tokenized Stock Marketplace With Ondo, Adds 200+ Onchain Equities

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Exodus Launches Tokenized Stock Marketplace With Ondo, Adds 200+ Onchain Equities
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Exodus has launched a marketplace for tokenized assets through a partnership with Ondo Finance, allowing eligible users to trade more than 200 tokenized stocks, ETFs and other real-world assets on Solana directly from the crypto wallet.

The company said Exodus Markets is available in select markets and that users can access the service by updating to the latest version of the app. Tokenized assets do not represent ownership of the underlying securities and do not provide shareholder rights, according to the announcement.

Ondo Finance is one of the largest issuers of tokenized real-world assets. According to RWA.xyz data, the company’s tokenized products hold about $2.7 billion in assets, led by its USDY and OUSG Treasury funds.

The launch comes amid rapid growth in tokenized equities. According to RWA.xyz, the value of tokenized stocks has climbed to $3.5 billion, up more than 139% over the past 30 days, while the number of holders has increased 37% to roughly 357,000.

 

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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