$ONDO 🚨 Big milestone in TradFi x Crypto: Ondo Finance just launched the first tokenized stock representations backed by DTCC tokenized entitlements.
The Depository Trust & Clearing Corporation (DTCC) — which processes ~$4.7 quadrillion in U.S. securities transactions annually — is running its largest tokenization initiative yet. Ondo is participating alongside heavyweights like BlackRock, J.P. Morgan, Goldman Sachs, Nasdaq, and NYSE.
How it works:
- DTCC’s Tokenization Service creates digital twins (DTC tokenized entitlements) of real securities like CRCL and SPY.
- These serve as the foundation for Ondo’s existing CRCLon and SPYon (Ondo Stocks).
- Assets can now seamlessly convert between traditional and tokenized forms, unlocking 24/7 trading, DeFi composability, new liquidity, and global access.
This isn’t just another announcement — it’s real institutional infrastructure bridging Wall Street to onchain, making high-quality equities more accessible, flexible, and usable across exchanges, wallets, and DeFi platforms worldwide.
Ondo CEO Ian De Bode: “As tokenized securities markets continue to evolve, Ondo expects to play a leading role in bringing these assets onchain for investors.”
Full details: ondo.finance/blog/ondo-and-dtcc-collaborate-on-tokenized-stocks
#OndoFinance #RWA #ONDO