Key Points:
- Ondo plans tokenized U.S. stocks on Solana in 2026.
- Solana chosen for low transaction costs.
- Focus on global, non-U.S. users.
Ondo Finance plans to launch tokenized U.S. stocks and ETFs on Solana in early 2026, targeting non-U.S. users with custody-backed assets. This initiative emphasizes 24/7 trading and leverages Solana’s high throughput and low transaction costs.
Ondo Finance plans to introduce tokenized U.S. stocks and ETFs on Solana in early 2026, aiming at non-U.S. users.
Ondo’s Strategic Plans
Ondo has announced its plans to offer tokenized U.S. stocks and ETFs using Solana as the target platform, set to launch in early 2026. Nathan Allman, CEO of Ondo Finance, highlights the focus on non-U.S. users alongside the utilization of custody-backed assets. The initiative involves Ondo Finance and the Solana blockchain, chosen due to its high throughput and low transaction costs. Justin Schmidt, President of Ondo, brings past expertise from Goldman Sachs to the project, indicating a deep industry background. “Our choice of Solana is driven by its high throughput and low transaction costs, which are suitable for frequent trading” – Ondo Insights. The plan could notably affect the Ondo ecosystem, particularly the ONDO and SOL tokens. Ondo emphasizes its regulated framework and intends to capitalize on Solana’s potential to offer 24/7 trading opportunities.
Impact on Tokenized Securities Market
Ondo’s announcement marks a significant step in the evolving landscape of tokenized securities. Backed Finance and Synthetix are mentioned as comparators, each with distinct methods, underscoring the uniqueness of Ondo’s custody-backed approach. The approach to using qualified custodians reflects commitment to regulatory compliance. The decision highlights ongoing trends in tokenizing traditional assets to enhance liquidity and accessibility globally. Ondo’s endeavors may inspire similar moves across the industry, promoting blockchain-based asset management solutions.
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.