"Most recently, the company plans to bring tokenized US stocks and exchange-traded funds (ETFs) to Solana. Ondo says it aims to launch these tokens in early 2026, extending a product line it already operates on other blockchains. The idea is straightforward: You hold a "stock token" in your wallet, then trade or transfer that exposure on Solana, with settlement that can occur much faster than the traditional market stack and access that continues even when US exchanges are closed."
"The tokens are custody-backed. Underlying securities sit with US-registered broker-dealers, while onchain holders receive economic exposure rather than shareholder rights. Minting and redemption are designed to keep tokens anchored to real assets on a 24/5 basis, while transfers and trading can operate 24/7. Compliance is intended to travel with the asset, using Solana Token Extensions such as Transfer Hooks to enforce eligibility and transfer restrictions."
Ondo plans to launch custody-backed tokenized US stocks and exchange-traded funds (ETFs) on Solana in early 2026. Underlying securities will remain with US-registered broker-dealers while onchain holders receive economic exposure without shareholder rights. Minting and redemption will operate 24/5 to keep tokens anchored to real assets, while transfers and trading will run 24/7 with near-instant settlement. Compliance will be enforced onchain using Solana Token Extensions such as Transfer Hooks to carry eligibility and transfer restrictions with the asset. Ondo's Global Markets already offers onchain exposure to over 100 US stocks and ETFs and has issued roughly $365 million onchain, with additional securities planned.
Read at Cointelegraph
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