🚀 Ondo Finance launches a U.S. tokenized securities solution.
Ondo Finance has introduced a third-party custodial tokenized securities framework operating within the existing U.S. regulatory system.
🤝 The company has partnered with Broadridge Financial Solutions to provide tokenized stockholders with full shareholder governance and voting rights.
📌 How it works:
🔹 Underlying shares remain with a regulated U.S. custodian
🔹 Ondo's registered transfer agent mints tokens on a 1:1 basis against those shares
🔹 Tokens are issued on Ethereum
🔹 Every token is backed by assets held by a compliant custodian
The launch marks another step toward bringing compliant, onchain capital markets to traditional finance.
Ondo Finance has introduced a third-party custodial tokenized securities framework operating within the existing U.S. regulatory system.
🤝 The company has partnered with Broadridge Financial Solutions to provide tokenized stockholders with full shareholder governance and voting rights.
📌 How it works:
🔹 Underlying shares remain with a regulated U.S. custodian
🔹 Ondo's registered transfer agent mints tokens on a 1:1 basis against those shares
🔹 Tokens are issued on Ethereum
🔹 Every token is backed by assets held by a compliant custodian
The launch marks another step toward bringing compliant, onchain capital markets to traditional finance.