Tokenized High-Yield ETF Now Accepted as DeFi Collateral

**Regulatory frameworks are finally enabling institutional adoption of tokenized securities.** Ondo Finance's Ian DeBode explains how two key pieces of legislation are removing barriers: - **GENIUS Act** (passed): Established framework for stablecoins - **CLARITY Act** (tracking ~70% odds): Will do for tokenized securities what GENIUS did for stablecoins The impact is already visible. Institutional conversations that previously ended with "we need regulatory clarity first" are now moving forward. **Key takeaway**: Prepare for tokenized securities to coexist alongside traditional securities. With compliant pathways now established, trillions in institutional capital that was waiting on the sidelines can finally move onchain. The fintech pipeline is real, and the missing piece—regulatory clarity—has arrived.

Ondo Global Markets has expanded to **438 tokenized stocks and ETFs**, introducing a significant milestone: **voting capabilities through Broadridge**. This makes tokenized securities functionally equivalent to traditional shares. **Key features:** - Fully backed by regulated custodians - Liquidity inherited directly from public markets - Live on Solana, BNB Chain, and Ethereum - Composable across DeFi protocols The platform recently added **173 new assets** covering AI, robotics, quantum computing, defense tech, and critical materials sectors. Notable additions include Dell, Nokia, Cloudflare, and various sector-specific ETFs. **Market traction:** - Nearly $4B in total value locked - $20B+ cumulative trading volume - Over 60% market share in tokenized stocks Major integrations include Uniswap, Ledger Wallet, and Titan Exchange. South Korea's Mirae Asset is tokenizing its Global X ETF lineup through the platform. Ondo's approach mirrors what stablecoins achieved for dollars—bringing traditional assets onchain with full regulatory compliance while maintaining DeFi composability.

Ledger Wallet now supports native swapping of tokenized stocks through a partnership with 1inch and Ondo Global Markets. **Key Features:** - 260+ tokenized stocks available for self-custody - Gasless execution via 1inch intent-based swaps - Hardware-backed clear signing for security This integration follows Ondo's recent expansion across multiple platforms. The tokenized stock category has shown significant growth, particularly on BNB Chain where Ondo Global Markets surpassed $1 billion in TVL. The platform has recorded over $5 billion in cumulative trading volume since launching on BNB Chain in October. Ondo tokenized stocks are also expanding utility as collateral on platforms like Euler Finance and the upcoming OndoPerps integration.

**SpaceX has officially gone public in what's being called the largest IPO in history, with tokenized shares available from day one.** The company's tokenized stock, **SPCX**, is now trading on Ondo Global Markets, marking a significant milestone in bringing traditional securities on-chain. Investors can trade SPCX using USDT on the Fizen platform. This represents a major step forward in the convergence of traditional finance and blockchain technology, as one of the world's most valuable private companies enters public markets with immediate tokenized access.