Ondo Global Markets to List 200+ Tokenized Stocks on Solana in 2024: A Game-Changer for RWA Trading
- Why Is Ondo’s Solana Move a Big Deal?
- What Assets Are Coming to Solana?
- How Does Ondo’s Liquidity Model Work?
- Why Solana Over Ethereum or BNB Chain?
- What’s the Catch?
- When Can You Trade?
- FAQ: Ondo’s Solana Tokenization Play
Ondo Global Markets, a heavyweight in tokenized securities, is set to list over 200 tokenized stocks and ETFs on solana this year, directly challenging platforms like XStocks. This move leverages Solana’s high-speed blockchain to offer Wall Street-level liquidity for on-chain trading—a first for retail investors. Here’s why it matters.
Why Is Ondo’s Solana Move a Big Deal?
Ondo isn’t just adding another tokenization platform; it’s solving crypto’s liquidity problem. By tapping into NASDAQ/NYSE order books, Ondo’s tokenized assets (like Apple stock or SPDR Gold ETFs) trade at real-market prices—no more sketchy liquidity pools. Solana’s 2.8M daily users now get broker-level execution without the brokerage headaches.
What Assets Are Coming to Solana?
The initial 200+ assets include:
- Blue-chip stocks (Think FAANG + Tesla)
- Commodity ETFs (Gold, silver, oil)
- Niche plays (AI-focused funds, crypto-adjacent equities)
Per BTCC analyst Mark Liu: “This bridges TradFi depth with DeFi’s 24/7 trading—something even ethereum RWA projects struggle with.”
How Does Ondo’s Liquidity Model Work?
Unlike typical tokenized assets that rely on thin on-chain pools, Ondo mirrors off-chain trades in real time. If you buy Amazon tokens, Ondo’s system executes the actual NASDAQ trade simultaneously. Solana’s low fees (
Why Solana Over Ethereum or BNB Chain?
Ondo’s President Ian De Bode told us: “Solana’s throughput lets us launch hundreds of assets on Day 1. Ethereum’s gas wars would’ve killed this model.” The chain already hosts 319 tokenized RWAs—now adding Ondo’s curated selection.
What’s the Catch?
Regulatory gray areas remain. While Ondo uses licensed custodians, the SEC hasn’t explicitly blessed tokenized stocks. That said, trading volume doesn’t lie: Solana’s RWA sector hit $1.2B in Q4 2023 (CoinMarketCap data).
When Can You Trade?
The first batch goes live in Q2 2024. ONDO plans to add “thousands more” assets by EOY—likely including European and Asian equities.
FAQ: Ondo’s Solana Tokenization Play
What makes Ondo’s tokenized stocks different?
They’re backed by real-time TradFi liquidity, not speculative crypto pools.
Can US investors participate?
Yes, but check local laws—some brokerages block on-chain equity access.
How does this affect XStocks?
XStocks dominates synthetic assets; Ondo’s real-backing approach could steal market share.