Key Takeaways:
Ondo Finance began offering round-the-clock minting and redemption for more than 200 tokenized US stocks and ETFs, waiving all fees. The upgrade, effective June 25, expands Ondo Global Markets from a 24/5 schedule tied to US market hours to continuous operation including weekends and holidays.
"Eliminating market-hours restrictions removes one of the key friction points that has limited tokenized securities adoption," the company said in its announcement. The platform now supports instant creation and redemption of tokens backed by real securities held at regulated broker-dealers, with a minimum investment of $1.
The offering covers major tickers including Nvidia and Apple, wrapped as blockchain-native tokens. Ondo's Nexus system handles on-demand asset creation and redemption linked directly to the underlying securities. The product is available to non-US qualified investors only.
The upgrade builds on Ondo's existing OUSG tokenized Treasuries product, which already supports 24/7/365 minting and redemption with about $1.03 billion in total value locked, according to DefiLlama. In March, the platform tokenized Franklin Templeton ETFs, followed by an April partnership with Broadridge for onchain voting — addressing the governance gap that has persisted in tokenized securities, where token holders previously lacked a mechanism to vote at shareholder meetings. Ondo now tracks more than 430 assets across its ecosystem.
The move comes as traditional finance explores tokenization. The New York Stock Exchange has signaled ambitions in tokenized equity trading, while MEXC listed five Ondo tokenized stock pairs — covering Cameco, TTM Technologies, Rambus, Symbotic and Keel Infrastructure — on June 25. Venus Protocol integrated tokenized stocks as lending collateral on BNB Chain on June 20. Ondo's tokenized stocks are accessible on Ethereum and BNB Chain via LI.FI, covering 438 US stocks and ETFs.
By enabling continuous minting and redemption, Ondo is challenging the traditional 4 p.m. Eastern market close and the weekend trading gap. The shift pressures traditional brokers to innovate their after-hours capabilities and raises regulatory questions about continuous securities issuance outside standard market hours. For non-US investors, the product eliminates the need for a traditional brokerage account to gain exposure to US equities, while the $1 minimum lowers the barrier to fractional ownership.
This article is for informational purposes only and does not constitute investment advice.
