"We've seen early signs of demand for onchain equities on Solana, but liquidity depth and asset selection from the current versions of tokenized stocks remain limited today," said Ian De Bode, president of Ondo Finance, to CoinDesk. "Ondo's tokenized stocks are built to address that by bringing liquidity inherited from traditional exchange venues and a broad catalog of stocks and ETFs onchain."
The launch gives Solana users access to tokenized versions of U.S. equities and ETFs, with trading and discovery supported through existing Solana infrastructure, according to the company.
The Solana rollout significantly broadens the range of tokenized assets available on the network, spanning technology and growth stocks, blue-chip equities, broad-market and sector ETFs, and commodity-linked products. Ondo said the expansion is aimed at making traditional financial assets more accessible through onchain infrastructure, while maintaining price parity with traditional markets.
“We’re excited to bring hundreds of onchain equities with Wall Street liquidity to Solana’s thriving ecosystem,” De Bode said in the press release shared with CoinDesk.
Since launching Ondo Global Markets on Ethereum last year, the platform has expanded rapidly across blockchains, reflecting growing interest in tokenized securities among crypto-native users and institutions alike.
"Expanding to Solana is a natural next step given its scale and performance," De Bode told CoinDesk.
Read more: Ondo Finance to Offer Tokenized U.S. Stocks, ETFs on Solana Early Next Year
coindesk.com
