- Robinhood, SEC, and Coinbase are involved in discussions about how tokenized stocks are challenging traditional brokerage models.
- Issuers like Ondo Finance are backing stock tokens with real assets, offering alternatives to traditional brokerage.
- Ondo Finance is offering tokenized stocks backed by real-world equities, with growth depending on regulatory clarity.
Defuse Labs Announces Partnership to Integrate Tokenized U.S. Stocks
What happened
Defuse Labs announced a partnership with Ondo Finance to integrate tokenized securities into the near.com platform. This integration allows eligible users to buy, trade, and hold tokenized U.S. stocks, including those representing NVIDIA, Tesla, and Apple. The platform utilizes NEAR Intents to handle cross-chain routing and execution through a single account.
From finanznachrichten.de
Why it matters
The partnership connects traditional market exposure to digital assets, allowing users to access tokenized stocks alongside their existing crypto holdings. Ondo Finance, which is described as the largest tokenizer of stocks globally, provides the underlying assets for this integration.
Ondo Finance offers tokenized stocks backed by real-world equities, providing alternatives to traditional brokerage services.
From finanznachrichten.de
Who's involved
- Alex ShevchenkoLeader of Defuse Labs, announcing the partnership via near.com.