Ondo Finance has completed the first live onchain deployment of third-party tokenized U.S. securities under a structure designed to operate within the existing U.S. regulatory framework. The company successfully tokenized shares of BlackRock's iShares Core S&P 500 ETF (IVV) and Micron Technology (MU) on Ethereum, with the rollout coinciding with July 4, 2026 when the United States celebrates 250 years of independence. As reported by Ondo Finance, this represents the company's first live implementation of this issuance model, demonstrating its approach to issuing tokenized securities within existing U.S. regulatory requirements. The product is not yet available to U.S. investors and is currently intended for eligible international users outside the country.
Unlike many tokenized stock offerings launched outside the United States, Ondo's model follows the third-party custodial framework outlined in a January 2025 staff statement from the U.S. Securities and Exchange Commission. Under this structure, the underlying IVV and Micron shares remain with regulated custodians instead of moving onto a blockchain. According to Ondo Finance, the company's registered transfer agent, Oasis Pro, issues Ethereum-based tokens backed 1:1 by the underlying shares. Financial infrastructure company Broadridge manages shareholder communications, proxy voting, and regulatory disclosures, allowing token holders to receive the same shareholder rights as investors through traditional U.S. brokerage accounts. CEO Ian De Bode emphasized that the milestone shows Ondo has built the regulatory, product, and service infrastructure to support all major models within the United States.
The launch comes as regulated tokenized securities continue to attract investment across financial markets, with competition intensifying following Securitize's public listing on the New York Stock Exchange under the ticker SECZ after its SPAC merger with Cantor Equity Partners II. Backed by BlackRock and Morgan Stanley, Securitize became the first publicly traded tokenization platform. As previously reported by crypto.news, Ondo Finance recently partnered with Exodus Movement to introduce Exodus Markets, enabling eligible users in selected jurisdictions to trade more than 200 tokenized stocks, exchange-traded funds, and real-world assets through the Exodus self-custodial wallet on the Solana blockchain. The company noted that it already manages more than $1 billion in tokenized stocks and ETFs covering over 430 securities outside the U.S.
Ondo Finance (ONDO) jumped 5.25% over the last 26 hours, driven primarily by renewed attention on its tokenized stocks going live on Uniswap and broader RWA momentum. The clearest catalyst was the amplification of Ondo's tokenized equities becoming tradeable via Uniswap and UniswapX on Ethereum and BNB Chain on July 1, 2026. As reported by KuCoin's Crypto Daily Market Report, the move was framed explicitly as "430+ Ondo tokenized stocks and ETFs are now live on Uniswap" and noted that Ondo Global Markets has surpassed $1 billion in TVL and recorded over $20 billion in cumulative trading volume. The most direct catalyst was the market suddenly re-pricing the significance of Ondo's tokenized stocks platform being broadly accessible through Uniswap's liquidity and router stack.
Financial infrastructure provider Broadridge will handle proxy voting, regulatory disclosures and shareholder communications through its ProxyVote.com platform, allowing token holders to receive the same governance rights as investors through traditional brokerage accounts. On June 26, 2026, Ondo Finance announced the launch of round-the-clock minting and redemption for tokenized US stocks and ETFs on Ethereum and BNB Chain, initially covering key instruments like SPYon, QQQon, CRCLon, NVDAon, TSLAon and GOOGLon. This created a full 24/7 lifecycle for tokenized equities, with Ondo Global Markets surpassing $1 billion in TVL and listing over 430 tokenized stocks and ETFs across Ethereum, Solana and BNB Chain. The platform has solidified its position as "the" tokenized equities infrastructure provider, holding more than 57% of the $1.5 billion total market in a sector that has been growing roughly 360% year over year.
