Non-U.S. users can now access over 100 tokenized U.S. stocks and ETFs inside the Blockchain.com self-custody wallet through Ondo Global Markets. The rollout went live around Oct. 20 and targets distribution, not trading direction or pricing. It adds Apple, Tesla, Nvidia, and broad-market ETFs in token form for eligible jurisdictions.
Ondo and Blockchain.com position the integration as a way to bring traditional equities into a 24/7 wallet environment. Crucially, the change does not alter how those underlying assets trade on their primary venues; it changes where and how exposure is held. The tokens reference real securities while users hold them in a crypto-native interface.
This access push follows Ondo’s September spotlight on Global Markets and continues the firm’s theme of broadening reach through partners rather than chasing speculative flows. The emphasis remains operational: more rails, more wallets, and clearer pathways for non-U.S. users to hold regulated exposures.
SEC letter urges transparency before Nasdaq’s plan
Ondo formally asked the U.S. Securities and Exchange Commission to delay Nasdaq’s tokenized-securities proposal until post-trade mechanics are public. In an Oct. 15 letter, the firm said details on the Depository Trust Company’s token settlement need daylight so investors and rivals understand the plumbing. The request targets process clarity, not a block on tokenization.
Independent coverage echoed those concerns, underscoring that the SEC needs visibility into how DTC would handle token settlement on timing, controls, and fairness. The reporting framed Ondo’s stance as pro-transparency: make the infrastructure public, then proceed. Reuters previously outlined Nasdaq’s broader plan and tentative 2026 timing, placing Ondo’s letter in a fast-moving policy context.
In practice, the letter signals a market-structure focus. Ondo wants consistent rules so tokenized shares carry the same rights and settle under clear standards. Until those elements are visible, the company argues, approving major exchange rule changes would risk uneven access.
Licensing stack closes with Oasis Pro deal
Earlier this month, Ondoclosed its acquisition of Oasis Pro, adding a U.S. broker-dealer, an Alternative Trading System, and a transfer-agent capability. The licenses expand Ondo’s ability to issue, trade, and service regulated tokenized securities under existing oversight. The company announced completion on Oct. 6.
This stack matters for execution quality and investor protections. With a BD, ATS, and TA in-house, Ondo can handle onboarding and secondary trading within a familiar regulatory frame. That setup also aligns with the firm’s call for transparency around exchange-level tokenization proposals.
Moreover, the deal positions Ondo to connect distribution partners—such as wallets and fintechs—to regulated rails without bespoke exemptions. The outcome is operational: it tightens the link between token interfaces and legacy market infrastructure.
Stablecoin and network reach extend USDY
Beyond equities tokenization, Ondo’s USDY expanded as collateral in DeFi this month. Stablecoin project STBL named USDY as primary collateral for up to $50 million in USST minting capacity, a move centered on reserves quality and issuance discipline rather than price action. The collaboration outlines over-collateralization and clear backing.
Network coverage also grew. On Sept. 17, Ondo launched USDY on Stellar, adding a payments-oriented rail that prioritizes speed and global reach. The deployment follows a pattern: place USDY on mainstream networks to meet different distribution and settlement needs.
Taken together, collateral adoption and network expansion support a broader non-price thesis. Ondo is building connective tissue—regulated licenses, wallet distribution, and standardized rails—so tokenized assets and yield products move through clearer, audited channels.
The post frames Ondo as a leading tokenization player. It cites $1.8B in tokenized RWAs, including $1.48B in tokenized treasuries, and claims access to 100+ tokenized U.S. stocks and ETFs through Ondo Global Markets. It also highlights a distribution deal with Blockchain.com that extends availability to a large wallet base, while keeping assets held in self-custody.
Meanwhile, the thread points to recent ecosystem partnerships. It mentions PancakeSwap on BNB Chain and suggests expanding routes for swaps and onboarding. In this view, Ondo focuses on rails, licensing, and integrations rather than trading calls or price narratives.
However, treat the figures and superlatives as marketing claims until verified against primary sources and dashboards. Tokenized-stock access typically depends on jurisdiction, KYC, and broker-dealer plumbing, so availability can vary by region. Likewise, reported DEX volume growth over “under 2 months” is directional but needs a specific window and data source to compare across venue.
ONDO retests major support zone
Ondo returned to a key weekly support area, where the chart shows repeated reactions over previous market cycles. The current structure sits near the VWAP line around $0.79, which has acted as a base for multiple rallies throughout the year. Each time price tapped this region, ONDO later produced a strong upward impulse, making this level a technical pivot for trend direction.
The bearish wick below support signals volatility, but it also shows buyers stepping in to defend the zone. If the support holds on higher timeframes, it may form another accumulation base. The chart suggests that the market is waiting for confirmation — either a bounce that reclaims momentum or a breakdown that sends price back to fill the wick.
Solberg’s note highlights a conditional scenario: altseason would favor ONDO due to its strong narrative and previous macro impulses. However, the support still needs a clean reaction before any directional bias becomes valid. Until confirmation arrives, the chart shows ONDO trading at a decision point where buyers and sellers test control at a historically critical level.