Ondo Stocks
1 storyOndo Stocks is a tokenized-securities platform rather than a conventional cryptocurrency exchange. It issues blockchain tokens designed to track the economic exposure of public stocks and exchange-traded funds, while corresponding securities or cash backing remain within traditional broker-dealer and custody arrangements. Eligible users can mint, redeem and transfer the tokens, and integrations may make them usable in wallets, exchanges or DeFi applications. This tag covers issuance structure, backing verification, corporate actions, redemption mechanics, chain deployments and regulatory access. Ondo Finance company news, individual stock tokens and venues that list them should use separate tags.
Tokenized Stocks Depend on Alpaca as DTCC Prepares to Enter Market
Despite promises of decentralization, nearly all tokenized U.S. equities rely on a single California broker for custody and clearing, raising new questions as DTCC readies its own blockchain tokenization service