Round-the-Clock Access to Tokenized U.S. Equities @OndoFinance has activated what it describes as the industry's first 24/7 minting and redemption cycle for tokenized U.S. stocks and ETFs, a
@OndoFinance has activated what it describes as the industry's first 24/7 minting and redemption cycle for tokenized U.S. stocks and ETFs, a move that formally severs the dependency of real-world asset (RWA) products on traditional market hours.
Investors can now execute primary issuance and liquidations for $SPYon, $QQQon, $NVDAon, and $TSLAon during overnight sessions, weekends, and public holidays, periods when NYSE and Nasdaq are closed. The update eliminates the reliance on legacy banking schedules, allowing tokenized shares to be created or redeemed in real time regardless of exchange downtime.
Each tokenized asset is an ERC-20 token backed 1:1 by the underlying security, held by U.S. broker-dealers along with cash in transit. The tokens are total-return trackers that mirror the economic performance of their underlying assets, including price movements, dividends, and corporate actions.
The 24/7 architecture is currently live on @Ethereum and @BNBChain, with a @Solana deployment scheduled for the near term. Ondo had already expanded to Solana earlier this year: Ondo Global Markets, the world's largest tokenized stock and ETF platform by total value locked, became available on Solana with more than 200 tokenized U.S. stocks and ETFs, including NVDA, AAPL, META, and ETFs such as SPY and QQQ.
Ondo Global Markets has surpassed $1 billion in tokenized stock TVL less than eight months after launch, becoming the first tokenized stocks platform to cross that mark. The platform now offers more than 260 tokenized U.S. stocks and ETFs across Solana, Ethereum, and BNB Chain, with access through wallets, exchanges, custodians, and protocols including Binance, Bitget, MetaMask, and Blockchain.com.
Ondo said Global Markets holds more than 70% market share among tokenized equity issuers and has secured regulatory approval to offer tokenized stocks and ETFs across 30 EU and EEA countries.
The broader significance of the 24/7 minting update is structural. By enabling round-the-clock mint and redeem operations, Ondo aims to make equities and ETFs composable components within the DeFi ecosystem, substantially expanding the asset universe and extending trading hours for on-chain finance. This also removes the T+1 settlement delay that traditional stock trading requires and enables transferring equity exposure between wallets as easily as sending stablecoins.
SourcesOndo Global Markets tops $1B in TVL, Crypto BriefingOndo Global Markets launches on Solana, Solana.comDeep Dive of Ondo Finance, TokenInsight
