#META MASK$METAMASK #Write2Earn
The rollout provides access to tokenized US stocks, ETFs and commodities through Ondo GM tokens for non-US users on Ethereum, excluding 30 jurisdictions at launch.
MetaMask, the self-custodial crypto wallet developed by Ethereum software company Consensys, is rolling out access to tokenized US stocks, exchange-traded funds and commodities through Ondo Global Markets.
Starting Tuesday, eligible MetaMask users in non-US countries will be able to access 200 tokenized US stocks, ETFs and commodities such as gold and silver on Ethereum network, the company said in a statement shared with Cointelegraph.
The offering allows users to acquire tokenized assets via MetaMask Swaps by swapping Circle’s USDC
USDC$1
stablecoin into Ondo Global Markets (GM) tokens, which are designed to track the value of their underlying assets on a 1:1 basis.
30 jurisdictions excluded from rollout
In line with Ondo’s stated focus on offering tokenized assets primarily to non-US investors, MetaMask’s rollout will exclude users in the US as well as a number of other markets.
The offering will be inaccessible in 30 countries and regions, including Canada, the European Economic Area and the United Kingdom.
“MetaMask uses a number of methods to ensure geographical restrictions are enforced, including geographical restrictions based on the user’s IP address,” a spokesperson for Consensys told Cointelegraph.
If a user is detected to be in a restricted region, they will receive an error message indicating that the trade route is unavailable, the representative said, adding: