Market News

Bitget Partners with Ondo to Launch Tokenized Stocks & ETFs

Bitget, a global crypto exchange, has teamed up with Ondo Finance to let users trade tokenized stocks and ETFs. The new feature is available on Bitget Exchange and Bitget Wallet.

According to the press release, eligible users around the world, except some in the U.S., can now trade these assets 24/7. The goal is to make investing in global markets simple and open to everyone through blockchain technology. Users can start trading with as little as one dollar, and all tokens reflect the real stock or ETF’s price and dividends.

Through this partnership, users can now trade tokenized versions of companies like Apple, Tesla, Microsoft, Amazon, and Nvidia, as well as popular ETFs. Each token is backed by regulated custodians to keep users’ investments safe.

Unlike other tokenized products that rely on on-chain pools, Ondo Finance connects tokenized assets directly to traditional markets, allowing smooth and reliable trading. The tokens are available on Ethereum now and will soon come to Solana, BNB Chain, and other blockchains.

Notably, Bitget Wallet has also teamed up with Mastercard and Immersve to introduce a zero-fee crypto card for easier use.

Bitget CEO Gracy Chen said, “The Bitget ecosystem thrives on the success of bridging TradFi vehicles to the new age of decentralized finance. With Bitget’s exchange platform and the self-custodial wallet enabling Ondo’s tokenized assets, we’re bringing high-potential global investments to the crypto market without having to go through the hassle that was previously faced with accessing these instruments.”

Bitget Wallet CMO Jamie Elkaleh added, “Integrating Ondo Finance marks a key step in our strategy to position Bitget Wallet as a global asset passport, advancing our Crypto for Everyone vision by providing borderless access to global financial markets through blockchain and self-custody infrastructure.”

Meanwhile, Ondo Finance founder Nathan Allman said, “Tokenized RWAs represent a critical evolution in expanding access to global financial products. This partnership with Bitget Wallet brings these assets directly to users in a simple, secure, and accessible format.”

Bitget has over 120 million users in 150 countries, and its wallet supports more than 130 blockchains. Ondo Finance manages over $1 billion in assets and uses a bankruptcy-remote legal structure with daily third-party attestations. This partnership aims to make tokenized stocks and ETFs mainstream and easy for anyone to trade worldwide.

Also Read: TON Strategy Approves $250M Stock Buyback After Rebrand

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