Ondo Launches Tokenized Stocks as Perpetual Futures Collateral
Tokenized shares of Apple, Tesla, and commodities like oil and gold are now usable as margin on a 24/7 perp venue, a structural step for real-world assets meeting on-chain derivatives.
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Tokenized shares of Apple, Tesla, and commodities like oil and gold are now usable as margin on a 24/7 perp venue, a structural step for real-world assets meeting on-chain derivatives.
A tokenized stock is usually a structured note, not a share. You get the price exposure but not the share itself, and that gap hides issuer, redemption, and legal risks most users miss.
Wall Street plumbing is moving onchain: DTCC goes live in July, NYSE and Nasdaq are building settlement rails, and a $1.43B tokenized RWA market just printed 26% monthly growth.
Roughly $24 billion sits in tokenized gold and treasury products. Most investors never check if those tokens are actually backed. Here's how to verify reserves without trusting the issuer's deck.
The New York Stock Exchange is taking steps to enable trading of tokenized securities on its platform alongside…
The $2.5T asset manager joins BlackRock, State Street and ProShares in chasing a market Citi sizes at $4T by 2030, and the GENIUS Act just made the entry price lower.
Coinbase is set to launch tokenized stock trading, bringing traditional equity exposure directly onto its crypto-native…
Coinbase said Tuesday it will launch tokenized U.S. stocks backed one-for-one by the underlying equities, letting users…
The move ties Coinbase directly to the reserve infrastructure that compliant USDC-style stablecoins will sit on once the GENIUS Act takes effect — the first major exchange to write a check into a…
The STA's letter pushes the Commission to draw a hard line between authorized onchain equity and synthetic wrappers.
As Tokyo tightens and Brussels draws a hard line, the world's largest asset manager launches a Bitcoin income ETF that turns volatility into a sellable product.
Tokenized money market funds are regulated fund shares with floating NAVs, while stablecoins are payment tokens pegged to $1. The legal wrapper changes everything.
While institutions pour capital into Circle, Citadel and Stripe-adjacent plays, retail attention is still parked on a Bitcoin chart that's going nowhere fast.
Backed 1:1 sounds reassuring. But tokenized gold is a chain of claims, not a bar in your hand, and the failure modes live in the seams.
Gold tokens like PAXG and XAUT track metal prices with no yield. T-bill tokens like BUIDL and OUSG pass through ~4-5% yield but add custodial and KYC layers. They're different tools, not rivals.
Ondo Finance tokenizes US Treasuries into USDY and OUSG, gated to verified investors. Here's how each product differs and what ONDO the token actually does.
Open interest reveals how much capital is riding on crypto derivatives. Here's what it measures, what rising or falling open interest can suggest, and its limits.
Tokenized treasuries are regulated fund interests with daily NAV. Tokenized real estate is usually an SPV claim with appraisals and lock-ups. The risk surfaces barely overlap.
A crypto bull market feels like everyone's getting rich — which is exactly when caution matters most. Here's what bull markets are and how to keep your head.
From Tokyo's Diet to the White House to DTCC's production rails, the institutions building crypto's next phase moved on the same day.