Stove Finance and Uniswap Labs Partner to Expand Access to Tokenized Equities

Stove Finance has officially launched tokenized U.S. and South Korean equities on the Uniswap decentralized exchange, marking the first time the protocol has provided users with onchain access to traditional stock markets. The integration utilizes the UniswapX request-for-quote framework, allowing competitive market makers to price equity tokens while ensuring atomic settlement for every transaction. Stove Finance manages the underlying infrastructure, including the issuance, settlement, and corporate actions for these securities, which are currently sourced from the U.S., Hong Kong, and South Korea. This partnership represents a significant expansion for Uniswap, which has historically focused on crypto-native assets but has now processed over $4.6 trillion in total trading volume. By leveraging the Stove Flow system, these tokenized equities are designed to circulate across various DeFi applications while maintaining a direct tether to the underlying traditional securities. CEO Daniel Lau stated that this launch is a foundational step toward integrating global equity markets into the broader onchain financial ecosystem. As Stove Finance continues to expand its asset coverage, the collaboration aims to bridge the gap between traditional finance and decentralized liquidity pools.