Ondo launches 15 tokenized stocks on Robinhood Chain
Ondo Finance launched 15 tokenized stocks and ETFs on Robinhood Chain, with 11 tradable via Uniswap pools, expanding blockchain access to tokenized equities.
Ondo Finance has introduced 15 tokenized stocks and exchange-traded funds (ETFs) on Robinhood Chain, featuring assets linked to major companies such as Nvidia, Apple, Tesla, Meta, Alphabet, SpaceX, and GameStop. These tokenized assets can be bridged from Ethereum and BNB Chain, expanding access to tokenized equities across multiple blockchain networks. Eleven of these assets are now available through Uniswap v4 StablePair liquidity pools, where Ondo tokens are paired with Robinhood Stock Tokens representing the same underlying securities. This integration aims to improve trading efficiency and address price discrepancies, especially during weekends when traditional markets are closed and Robinhood’s token minting and redemption services are unavailable. Liquidity providers can deposit both assets to earn trading fees, though this mechanism does not guarantee price parity or positive returns. Ondo’s tokenized equities business has reached approximately $1.3 billion in total value locked and over 450,000 cumulative holders, underscoring the growing interest in blockchain-based access to traditional financial markets.