Tokenization is no longer optional.
South Korea's largest asset manager, Mirae Asset, is tokenizing its Global X ETF lineup through Ondo Global Markets.
Expect more asset managers to follow.
Not all tokenized stocks are created equal.
❎ Other platforms: up to 26% price impact
✅ Ondo Global Markets: as low as 0.16%
Ondo tokenized stocks inherit liquidity directly from NYSE & Nasdaq. The result is execution quality comparable to traditional markets.
Ondo tokenized stocks are now available on @Titan_Exchange, a meta-DEX aggregator on @solana, unlocking:
→ Improved execution and tighter pricing
→ Meta-aggregated routing across the network
→ Reach across Titan's wallet & dApp network
Asset management is moving onchain.
Ondo has partnered with Mirae Asset, South Korea's largest asset manager, to begin tokenizing its Global X ETF lineup through Ondo Global Markets.
Mirae will be the first asset manager in Asia to bring exposure to its existing ETF lineup onchain, starting with 10 Global X ETFs across:
→ AI and technology
→ Blockchain & digital assets
→ Robotics & space innovation
→ Lithium, silver, & defense tech
→ Covered call income strategies
Asset management is one of many legacy finance verticals being revolutionized by tokenization. The next generation of capital market infrastructure is being built onchain, and the institutions defining the last era are embracing the next one.
Friday was a historic day for tokenization and for Ondo.
Our tokenized $SPCX (SPCXon) saw thousands of holders, tens of thousands of transactions, and millions in TVL - all in minutes after launch - across Solana, BNB and Ethereum, with the numbers climbing rapidly.
Friday made it clear that the line between traditional and onchain markets is further blurring. Onchain is now a day 1 distribution channel for IPOs.
But new venues only work when they're built on trust, and that requires reliable, institutional-grade rails. We saw other issuers make promises they could not deliver on, breaking this investor trust.
This is where Ondo stands out. We know how markets work. We know what we can and cannot promise. And we actually deliver. SPCXon was listed within minutes of trading and tracked the underlying market seamlessly.
Huge kudos to the Ondo team and all of the remarkable partners within the Ondo ecosystem that helped make this a historic day for onchain capital markets.
Looking forward to the next IPO. Onwards.
All eyes are on tokenized stocks.
Ondo's @iandebode breaks down why the wrapper model is winning, with 60%+ market share and $1B+ in TVL on Ondo Global Markets.
“If you want to hold a stock in native form, you need to KYC with the transfer agent. You can only register specific wallets. You can't transfer it out seamlessly like a stablecoin. You can't use it in DeFi.”
The wrapper model is built without those constraints. It takes the same approach that made stablecoins work onchain:
“Our tokenized stocks are fully permissionless. You can send them freely wherever, use them in DeFi however. Same protections of a structured security, same utility as a stablecoin.”
Today, Ondo Global Markets sits at $20B+ in cumulative volume, tens of thousands of holders, across 260+ tokenized stocks and ETFs, showing the model works at scale.
Real-world assets meet onchain utility.
FLHYon, Ondo Global Markets' tokenized version of @FTI_US's FLHY high-yield ETF, can now be used as collateral onchain:
→ In the @SteakhouseFi High Yield vaults
→ Powered by @Morpho
→ Secured by @chainlink Price Feeds