We’re excited to announce that Ondo has launched the first tokenized stock representations based on DTC tokenized entitlements to DTC-held securities generated through the DTCC Tokenization Service.
The Depository Trust & Clearing Corporation (DTCC) is the premier post-trade market infrastructure for the U.S. securities markets, processing approximately USD 4.7 quadrillion in securities transactions in 2025.
Ondo joins DTCC’s largest tokenization initiative to date alongside BlackRock, J.P. Morgan, Goldman Sachs, Nasdaq, & NYSE.
How the landmark issuance works:
1. The DTCC Tokenization Service enables the recording of DTC tokenized entitlements (also referred to as digital twins) to DTC-held securities such as CRCL and SPY, which can be delivered to DTC Participant wallets for use in connection with customers such as Ondo.
2. In our case, the DTC tokenized entitlements associated with CRCL and SPY serve as digital twins of the securities underlying existing CRCLon and SPYon Ondo Stocks.
3. DTC-held securities can be converted between traditional and tokenized forms, enabling greater flexibility, access to new liquidity opportunities, and additional digital asset use cases.
4. That additional functionality can enhance the utility of assets such as CRCLon and SPYon (Ondo Stocks) held across Ondo’s global partner network of exchanges, wallets, & DeFi platforms.
Ondo Finance CEO Ian De Bode on what comes next:
“As tokenized securities markets continue to evolve, Ondo expects to play a leading role in bringing these assets onchain for investors.”
Tokenized stocks are breaking out.
The sector grew 13.6x in the past year, now sitting at $1.67B onchain. The majority of that growth was driven by Ondo Global Markets.
The fastest growing asset class onchain is the one bridging it to public markets.
This should be headline news EVERYWHERE.
A Pfizer insider who was former head of toxicology in Europe has just come out and said something that many "conspiracy theorists" suspected.
He estimates that 20 000 to 60 000 people in Germany have died from the c*vid vaccine.
This was said at a parliamentary enquiry commission in Germany.
So why isn't this massive news being reported everywhere?
Is the mainstream media that has recieved millions in funding from Bill Gates deliberately covering this up... 🤔
🚨BREAKING: JPMORGAN WANTED A WAR WITH BITCOIN - NOW THEY HAVE ONE🚨
JPMorgan really thought they could kneecap MSTR and nobody would notice.
They thought Bitcoin people were still asleep, still obedient, still grateful to beg for “permission” from legacy banks that survived 2008 by getting bailed out like failed casinos.
Nah.
If a bank takes hostile shots at the companies you believe in, you don’t reward them with your business.
YOU WALK.
You move your capital, your brokerage accounts, and your attention to platforms that don’t actively spit in your face.
Nobody is telling anyone what to buy or sell.
Nobody is coordinating anything.
This is way simpler than that.
It’s called personal sovereignty.
If a megabank behaves like a political actor instead of a neutral financial institution, then investors have every right to take their portfolios somewhere else, somewhere that doesn’t treat Bitcoin-aligned companies like a threat.
You want to support MSTR, BTC, or any company building a better financial system?
Then keep your assets with brokerages that actually respect the future and don’t wage shadow campaigns against it.
Legacy institutions don’t get to sabotage innovation on Friday, then ask for your business on Monday.
Move where you’re respected.
Move where your capital isn’t collateral in somebody else’s agenda.
Move where your choices matter.
JPMorgan made their position clear.
Now investors get to make theirs.
BOYCOTT JPMORGAN.
BREAKING🚨 BILLIONAIRE MAX KEISER STATES THAT IF STRATEGY $MSTR SURGES 50%, IT COULD POTENTIALLY BANKRUPT JPMORGAN
JPMorgan Chase was fined for NAKED SHORTING in South Korea.
JPMorgan now holds a significant short position in MSTR.
LIKE 👍 if you want to see JPMorgan fall
Ondo Global Markets is finally here! For us, this has been years in the making.
Since announcing last year, we’ve seen many other tokenized stock offerings enter the market. But the big breakthrough hasn’t happened yet.
Why? Two things: accessibility and liquidity.
Many of the existing platforms are still walled gardens.
All users have to be onboarded with a single party and can't self-custody their tokens, take them off platform, or use them in DeFi protocols. In some cases these platforms are stepping stones to hopefully allow for some of these features in the future but they are not there today.
Ondo GM is different, since the tokens are freely transferable (outside the US and subject to certain jurisdictional restrictions) from day one, just like stablecoins.
Now, there are some other platforms that have also structured their tokens as freely transferable, like xStocks. However, where these tokens fall flat is on liquidity.
These tokens have relatively high friction mint and redeem processes, and rely on a small handful of market makers to hold large inventory of these tokens on various decentralized and centralized exchanges. Secondary market purchasers can generally only access what market makers are already holding in inventory, leading to limited liquidity and sometimes huge dislocations between token prices and underlying stock prices. This model of relying on prefunded liquidity venues simply does not scale to hundreds of equities.
GM solves this issue by enabling instant, atomic minting and burning of Ondo tokenized stocks & ETFs in exchange for stablecoins. Instant minting and burning is what allows for arbitragers to easily keep the prices on various secondary market venues in line with primary market prices.
Additionally, instant minting and burning allows for GM to separate trading and settlement, as is typically done in TradFi. For example, an eligible trader can put on an order to buy or sell some GM tokenized stock, and then subsequently that trader's order can be settled atomically and instantly. Only after a trade is agreed on is the stock token minted and the underlying stock purchased. Through this sequencing, GM is able to pass to users almost the same liquidity that it can access in underlying markets.
The magnitude of the difference in price impact from the two models is profound. For example, purchasing $200k of SPYx on Jupiter (the most liquid asset from xStocks on its most liquid venue) would entail more than 200 bps price impact. If the S&P 500 yields 10% a year on average, this would mean you lose ~2.5 months worth of returns swapping into the asset, and another ~2.5 months swapping out. By contrast, GM investors can mint $200k worth of SPYon for roughly a 1-3 bps price difference from TradFi markets (depending on market conditions).
After a lot of hard work we’re proud to be able to unveil this solution today, bringing highly accessible and liquid tokenized stocks to market.
Some caveats:
We’re rolling out gradually.
• Most tokens capped at $200k/trade (or $100k off-hours)
• Some low volatility tokens allow up to $1M
• Multiple trades can be submitted for larger orders
We’ll scale limits substantially as the system proves itself.
✨
Markets should be open, liquid, and global. With Ondo GM, that future is here.
@OndoFinance
✨
Potentially the most bullish chart of all belongs to $XLM
XLM MUST MUST remain above Apr low and MUST MUST close decisively above $1. Until then this chart will remain range bound
We are not even CLOSE to topping
The road ahead is fast and steep
We’re about to collectively experience the craziest bull run of our generation
It’s going to make the dotcom bubble look SMALL
1/ We’re bringing tokenized real-world assets to the XRP Ledger.
Ondo Finance’s flagship short-term US Treasuries fund, OUSG, is now live on the XRPL—with seamless minting and redemptions via @Ripple’s stablecoin, RLUSD.
We’re excited to share @PayPal is bringing its stablecoin, PYUSD, to Stellar.
When you need infrastructure that works beyond the hype—real payments, real merchants, real global reach—you build where millions already transact daily.
https://t.co/luYcZEPZ3H
🇫🇷 Le Pen banned from election
🇧🇷 Bolsonaro banned from election
🇷🇴 Georgescu election win cancelled
🇩🇪 AFD designated as extremist group
All in the name of protecting democracy
The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…
Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple. The agency will also ask the Court to lift the standard injunction that was imposed earlier at the SEC’s request. All subject to Commission vote, drafting of final documents and usual court processes.
That’s all folks!