Ondo Secures Europe-Wide Approval to Bring Tokenized U.S. Stocks to 500M Investors

For years, tokenization has been discussed as the bridge between Wall Street and on-chain finance.

This week, Ondo Global Markets secured the authorization that crypto startups have been chasing for half a decade — the legal right to offer blockchain-based versions of U.S. stocks and ETFs directly to retail investors across the entire European Economic Area.

Instead of fighting for access one country at a time, Ondo now has a passport that applies to 30 jurisdictions, representing over 500 million potential users. The approval came from Liechtenstein’s FMA, not an EU capital — but because Liechtenstein is inside the EEA, its decision instantly opens the whole bloc.

Tokenized Equities Move From Niche to Infrastructure

The step fits neatly into Ondo’s larger roadmap: access to U.S. financial markets without needing a brokerage account.
The company has been building toward this for months, first launching its tokenized-equity platform on Ethereum and more recently on BNB Chain — a move designed to reach the retail markets of Asia and Latin America, where BNB Chain adoption is stronger.

Thanks to those early launches, the infrastructure was already waiting for European users. Ondo now lists more than 100 tokenized stocks and ETFs and has processed hundreds of millions in trading volume on-chain.

In other words, Europe didn’t approve a concept. It approved a working marketplace.

The ONDO Token Isn’t Reflecting the Breakthrough Yet

Even a regulatory coup wasn’t enough to spark a major rally in ONDO.

The token is trading near $0.5320, only 0.16% higher on the day, after swinging to $0.526 during volatility. Market cap sits at $1.68 billion, with unlocked supply valued at $2.58 billion, but daily trading volume has fallen nearly 10%, hinting that traders haven’t priced in the long-term implications of regulatory clearance.

Technicals still lean bearish: the RSI at 32.63 shows persistent selling, and the MACD remains negative, although the histogram narrowing suggests momentum may be losing force. In short: fundamentals are exploding, price isn’t – yet.

The Real Story Isn’t Today’s Candle — It’s What Europe Just Authorized

If tokenization becomes a mainstream distribution method for U.S. financial products, the first-mover advantage could be enormous. Ondo now has the regulatory license to become the portal for on-chain exposure to Wall Street — something no competitor has fully achieved at scale.

Mass adoption won’t hinge on hype, but on whether traditional investors eventually realize that “buying a stock on-chain” is the same as buying a stock — just without legacy settlement rails.

Ondo now has the regulatory clarity to test that thesis across a half-billion-person market.