Ondo Forms Alliance With Major Crypto Firms to Tokenize Securities
Ondo Finance announced Tuesday the formation of the Global Markets Alliance, bringing together major cryptocurrency wallets, exchanges, and custodians to standardize tokenized securities and expand access to U.S. capital markets for international users.
The alliance includes the Solana Foundation, Fireblocks, Jupiter, Trust Wallet, Bitget Wallet, BitGo, 1inch, Cowswap, and Alpaca Markets. The consortium aims to establish industry standards for tokenized real-world assets while preparing for Ondo’s upcoming Global Markets platform launch, Ondo said in an statement.
The tokenization platform will allow applications and wallets to offer direct exposure to U.S. publicly traded securities, including stocks, ETFs, and mutual funds, to…
