MetaMask, one of many main self-custodial wallets, will combine tokenized US stocks, ETFs, and commodities. The pockets will use Ondo Global Markets to deliver tokenized RWA to eligible customers.
MetaMask will deliver cellular entry to US equities, ETFs, and commodities, obtainable to cellular customers in non-US jurisdictions. The Ondo Finance tokenized securities have over 200 provides, together with Tesla, Nvidia, Apple, Microsoft, Amazon, and others.
The pockets may even supply direct integration to gold and silver markets, with out the necessity for a brokerage or middleman. The funding and buying and selling are totally on crypto rails, using MetaMask’s buying and selling options. The addition is a part of MetaMask’s growth, lately including prediction markets and Hyperliquid futures buying and selling.
MetaMask to turn into a hub for digital finance
MetaMask provided native alternatives for holding, funds, and decentralized buying and selling. The mixing of tokenized securities is one other step in turning the pockets right into a full self-custodial platform for digital finance.
MetaMask has already added prediction markets and can add extra publicity to new merchandise in a single user-controlled area.
‘Entry to US markets nonetheless runs by way of legacy rails. Brokerage accounts, fragmented apps, and inflexible buying and selling home windows haven’t meaningfully advanced,’ mentioned Joe Lubin, Founder and CEO of Consensys and Co-Founding father of Ethereum.
‘Bringing Ondo’s tokenized US stocks and ETFs instantly into MetaMask reveals what a greater mannequin appears to be like like. A single, self-custodial pockets the place individuals can transfer between crypto and conventional property with out intermediaries and with out giving up management,’ mentioned Lubin.
For Ondo Finance, MetaMask will turn into one other energetic buying and selling hub for a wider adoption of its tokenized securities. Customers will have the ability to purchase Ondo Global Markets Tokens (GM tokens), which monitor the market worth of underlying securities.
Buying and selling will probably be obtainable towards Ethereum-based USDC. Tokens are transferable across the clock, however buying and selling will probably be obtainable to match enterprise days to match conventional inventory markets.
Tokenized equities have met growing demand from non-US merchants. MetaMask already brings thousands and thousands of customers who’re expert in digital asset buying and selling, and can undertake the brand new asset class with a well-known expertise. MetaMask will retain its on-chain charges, with out including any conventional brokerage charges.
The crypto and RWA portfolio will probably be unified, holding all property with out leaving the MetaMask app. The Ondo tokenized equities will probably be obtainable for buying and selling by way of MetaMask Swaps, topic to the pockets’s exclusionary listing of jurisdictions.
Ondo prepares for real-time tokenization
Ondo Finance is introducing new merchandise through the Ondo Summit annual occasion. To spice up liquidity for its tokenized equities, Ondo introduced its native Ondo Perps market. The platform will supply environment friendly and liquid perpetual futures on US equities and ETFs.
At the moment, tokenized stocks see restricted buying and selling or a fragmented perpetual futures market.
Ondo Global Itemizing additionally launched through the summit, and can supply instant tokenization for brand spanking new IPO stocks. Based mostly on the obtainable buying and selling infrastructure, wallets, exchanges, and a number of chains will supply entry to day-one IPO publicity.
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