Guavy AI Editorial TeamSentiment: 4.5Clout: 45

Ondo Finance Surpasses 430 Tokenized Assets with 173-Product Expansion

Ondo Finance has significantly expanded its tokenized stock and ETF offerings on Ondo Global Markets, now boasting over 430 assets across Ethereum, Solana, and BNB Chain.

The platform has added 173 new tokenized stocks and ETFs to its catalog, including those focused on artificial intelligence, robotics, quantum computing, defense technology, and other specialized industries. This expansion represents a 60% increase in the number of available products since Ondo crossed $1 billion in tokenized stock and ETF TVL in May.

Ondo's Global Markets structure allows users to gain economic exposure to these referenced stocks and ETFs, including eligible dividend value after applicable tax withholding. However, it's essential to note that holders do not receive shareholder voting rights or direct ownership of the securities.

The platform's expansion into mid-cap companies and specialized industries gives eligible users more ways to build sector-based portfolios without leaving blockchain rails. With its multichain distribution, Ondo's products can also move into additional DeFi environments, including lending, collateral, hedging, and structured trading strategies.