Ondo Global Markets pushes RWA adoption to BNB Chain

Ondo Global Markets is bringing its suite of tokenized U.S. equities to BNB Chain’s millions of daily users in a strategic move to capture global demand for accessible, on-chain stock trading.

Summary

• Ondo Global Markets launches on BNB Chain, bringing access to 100+ tokenized U.S. stocks and ETFs.
• Integration with PancakeSwap aims to boost liquidity for tokenized equities.
• Expansion supports Ondo’s regulated multi-chain strategy as TVL nears $1.8 billion.

In an announcement on Oct. 29, Ondo Finance said its Ondo Global Markets platform is now live on BNB Chain. The deployment makes over 100 tokenized U.S. stocks and ETFs, including major names like Apple and Tesla, accessible to the network’s 3.4 million daily active users.

The platform, which locked up $350 million in assets within weeks of its September launch, will integrate with core BNB infrastructure, starting with decentralized exchange PancakeSwap, to provide immediate liquidity.

Ondo Finance’s push toward regulated, global tokenized markets

The BNB rollout accelerates Ondo Finance’s push to build what it views as the next chapter of securities trading. The company has been steadily assembling the regulatory and technical components required to support tokenized equities at scale. Earlier this year, it completed the acquisition of Oasis Pro, a U.S. broker with SEC registrations that cover broker-dealer services, an alternative trading system, and transfer agent permissions.

That regulatory stack gives Ondo Finance the ability to issue and facilitate secondary trading of a wide spectrum of tokenized financial instruments inside the United States, something very few crypto firms can claim. The company has said this structure is intended to ensure that onchain stocks operate within the same investor protections that govern traditional markets.

Ondo Finance also Ondo recently began collaborating with World Liberty Financial, the Trump-aligned RWA venture, on using its tokenized assets as potential treasury reserves. The firm is on record taking a public stance in debates surrounding tokenized equities, urging caution around Nasdaq’s proposed framework and pressing for clarity on how settlement mechanics will protect investors.

According to data from DefiLlama data, Ondo Finance currently commands a total value locked of nearly $1.8 billion, a figure that dwarfs its direct competitors in the tokenized securities niche. This scale was bolstered by a $20 million Series A round co-led by Peter Thiel’s Founders Fund in 2022, followed by a $10 million public token sale later that same summer, providing the war chest for strategic moves like the Oasis Pro acquisition and rapid multi-chain deployments.