
Ondo Finance has expanded its Ondo Global Markets (OGM) platform to support native swaps for over 260 tokenized US stocks and ETFs directly within Ledger hardware wallets. This integration, powered by 1inch Fusion routing, allows users to trade assets like SPYon and NVDAon across Ethereum, Solana, and BNB Chain without leaving their cold storage interface. The platform has achieved significant scale, crossing $1 billion in total value locked in under eight months and recording over $18 billion in cumulative trading volume. With a 70% market share in tokenized equities, Ondo is bridging the gap between traditional finance and decentralized infrastructure. A strategic partnership with Broadridge, announced in April 2026, further enhances the ecosystem by enabling proxy voting for over 250 tokenized assets. This development is particularly impactful for non-US investors, who can now bypass traditional brokerage barriers and T+1 settlement cycles to access US equity exposure. By linking on-chain tokens to traditional shareholder governance, these advancements signal a growing institutional acceptance of tokenized securities as legitimate financial instruments.
Ondo Finance is a protocol that creates tokenized versions of traditional financial assets, such as US Treasuries and equities, as ERC-20 tokens. These tokens are backed 1:1 by the underlying securities held in custodial accounts by US broker-dealers. The platform utilizes structured notes issued via a British Virgin Islands vehicle to provide users with economic exposure to these assets on the blockchain.
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