Ondo Finance launched tokenized stock representations tied to DTC securities alongside major institutions in the DTCC initiative.
RWA & Tokenization ·
Ondo Finance participated in the Deposit Trust & Clearing Corporation's tokenization initiative, launching tokenized representations of stocks held in DTC custody, including positions in CRCL and SPY. The effort positioned the firm alongside established financial institutions—BlackRock, JPMorgan, Nasdaq, and NYSE—in bringing traditional equity securities onto blockchain infrastructure. The initiative demonstrates a direct integration between crypto infrastructure providers and legacy market participants through a shared tokenization framework tied to registered securities in institutional clearance systems.