Ondo and Glider Introduce Direct Indexing for Onchain Stocks
Ondo Finance and Glider launched a new platform on March 23, 2026, designed to let investors create and automate custom portfolios of tokenized U.S. stocks. The service enables users to build personalized baskets of onchain equities with specific weightings that are automatically rebalanced, providing direct exposure to real-world assets without a traditional brokerage account. This structure marks a significant shift from onchain exchange-traded funds (ETFs) by using a direct indexing model.
This is the first time direct indexing has been offered for onchain stocks... The problem that all ETFs have had on chain is liquidity. There’s no liquidity constraint on Glider because these are directly indexed. You hold the underlying assets and tap into their underlying liquidity.
— Brian Huang, Co-founder and CEO of Glider.
RWA Ecosystem Expands to Over 250 Assets
The platform's debut coincides with a major expansion of Ondo's offerings and the broader Real-World Asset (RWA) market. Ondo recently added over 60 new tokenized securities, including BlackRock’s iShares Bitcoin Trust (IBIT) and Galaxy Digital (GLXY), bringing its total supported assets to more than 250. This growth is bolstered by deepening partnerships with exchanges like MEXC, which listed 19 new Ondo stock pairs on March 23, and Bitget, which integrates Ondo's assets for 24/7 trading. The developments reflect strong momentum in the sector, with the total value of tokenized RWAs growing to $26.5 billion from $7.5 billion in the previous year.
ONDO Token Slips 1% Despite Platform Growth
Despite the strategic advancements and bullish sector growth, Ondo Finance's native ONDO token did not see an immediate positive price reaction. The token's value declined over 1% on the day of the announcement, with its price trading between an intraday low of $0.2531 and a high of $0.2632. The price movement was accompanied by a 21% decrease in trading volume, suggesting the news was overshadowed by broader crypto market pressure. The new Glider platform is not currently available to U.S. users, which may also temper its immediate market impact.
