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BNB Chain Users Gain Access to Tokenized US Stocks



Cointelegraph by Brayden Lindrea

Real-world asset tokenization platform Ondo Global Markets has expanded its tokenized product offerings to BNB Chain, enabling access to more than 100 Wall Street stocks and exchange-traded funds to BNB Chain’s user base.

“The integration provides BNB Chain — with its 3.4 million daily active users and expansive DeFi ecosystem — access to over 100 tokenized US stocks and ETFs, supported by leading ecosystem projects such as PancakeSwap,” Ondo said in a statement on Wednesday.

PancakeSwap is BNB Chain’s largest decentralized exchange and will be the primary platform for trading tokenized versions of US stocks and ETFs.

Part of Ondo’s mission is to democratize access to US stocks and ETFs to non-US investors using blockchain tech, particularly those who lack access to Wall Street via brokerage accounts in their countries across Asia and Latin America.

“[Tokenized stocks] turn real-world financial products into blockchain-based assets—making them accessible 24/7, transparent, and efficient,” the team behind BNB Chain said.

Ondo’s solution launched on Ethereum two months ago

Almost two months ago, Ondo Global Markets tokenized US stocks and ETFs on Ethereum, securing over $350 million in total value locked and fueling nearly $670 million in onchain volume.