Top Highlights
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New Tokenized Stocks on Solana: Ondo Finance partners with Jupiter to introduce over 200 tokenized U.S. stocks and ETFs on the Solana blockchain through Ondo Global Markets.
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Brokerage-Level Pricing: Solana users can now trade on-chain securities at brokerage prices, providing enhanced confidence and peace of mind in their transactions.
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Liquidity from Major Exchanges: Ondo’s tokenized assets obtain liquidity from major exchanges like NASDAQ and NYSE, ensuring robust trade volumes compared to typical limited liquidity pools.
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Rising Demand for On-Chain Assets: The expansion reflects growing interest in tokenized real-world assets, with potential projections of $120 trillion transitioning to blockchain in the coming decades.
Jupiter and Ondo Partner to Bring Over 200 Tokenized U.S. Stocks to Solana
Jupiter has joined forces with Ondo Finance to introduce over 200 tokenized U.S. stocks and exchange-traded funds (ETFs) to the Solana blockchain. This partnership marks a significant milestone for Solana users, who will now enjoy brokerage-level pricing and deep Wall Street liquidity.
Ondo Global Markets, known for its position as one of the largest issuers of tokenized securities, expands its offerings, which previously launched on Ethereum and BNB Chain. Ondo’s President, Ian De Bode, expressed enthusiasm about this new opportunity. “For the first time, Solana users can buy tokenized stocks in size at brokerage prices,” he noted, emphasizing the peace of mind this brings to investors.
Jupiter, Solana’s leading decentralized exchange aggregator, will facilitate user onboarding. As the main gateway for trading these new tokens, Jupiter will enhance accessibility for investors interested in a broader range of financial products. Until now, Solana had limited support for approximately 300 tokenized assets. The influx of Ondo’s 200 tokenized stocks promises to diversify offerings, including technology, growth stocks, blue-chip equities, and sector-specific ETFs.
The launch aims to bridge traditional financial instruments with on-chain infrastructure. This venture keeps prices competitive, closely mirroring those in conventional markets. De Bode added that early signs indicate growing demand for on-chain equities, but the current liquidity and asset selection remain limited.
Moreover, Ondo’s tokenized assets derive liquidity from major global exchanges, including NASDAQ and NYSE. Unlike smaller platforms reliant on limited liquidity pools, these assets aim to provide stability and robustness to traders.
Since launching on Ethereum and BNB Chain, Ondo Global Markets has seen significant success, with over $530 million in total value locked and more than $5.1 billion in cumulative trading volume. This growth reflects a rising global demand for on-chain U.S. stocks.
As tokenized real-world assets gain traction in crypto markets, the collaboration between Jupiter and Ondo highlights a pivotal shift in how traditional financial products are presented. Analysts suggest that America’s demand for digital assets could reach as high as $120 trillion in the coming decades, with the current market segment already valued at $22.5 billion.
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