Ondo Finance will increase its tokenized shares enterprise to Solana, bringing greater than 200 tokenized U.S. shares and exchange-traded funds to the high-speed blockchain for the primary time, the corporate introduced Wednesday.
This growth comes as tokenized real-world belongings proceed to achieve momentum throughout the cryptocurrency market and firms are more and more seeking to carry conventional monetary merchandise on-chain.
The transfer will increase Ondo's platform, referred to as Ondo International Markets, past the Ethereum and BNB chains, which had been launched in late 2025. With the rollout of Solana, Ondo will turn into the most important actual world asset (RWA) issuer on the community by variety of belongings, the corporate claims.
“Whereas now we have seen early indicators of demand for on-chain fairness at Solana, the depth of liquidity and asset choice from the present model of tokenized fairness stays restricted,” Ian de Bord, President of Ondo Finance, instructed CoinDesk. “Ondo’s tokenized shares are constructed to deal with this downside by bringing liquidity inherited from conventional exchanges and an intensive catalog of shares and ETFs on-chain.”
The corporate says this can give Solana customers entry to tokenized variations of U.S. shares and ETFs, with buying and selling and discovery supported by way of present Solana infrastructure.
Solana's deployment considerably expands the vary of tokenized belongings accessible on the community, from know-how and progress shares to blue-chip shares, broad market and sector ETFs, and commodity-related merchandise. Ondo mentioned the growth goals to make conventional monetary belongings extra accessible by way of on-chain infrastructure whereas sustaining value parity with conventional markets.
“We’re excited to carry tons of of on-chain shares with Wall Road liquidity to Solana’s thriving ecosystem,” de Bode mentioned in a press launch shared with CoinDesk.
Since launching Ondo International Markets on Ethereum final 12 months, the platform has quickly expanded throughout blockchains, reflecting rising curiosity in tokenized securities amongst crypto-native customers and establishments.
“Given its scale and efficiency, increasing into Solana is a pure subsequent step,” de Bode instructed CoinDesk.
Learn extra: Ondo Finance to supply tokenized US shares and ETFs on Solana early subsequent 12 months
