These assets are aimed primarily at non-U.S. investors who want exposure to U.S. markets but may be blocked by geographic or regulatory barriers. Tokenized stocks took off earlier this year as digital brokerages and crypto exchanges, including Robinhood, Kraken, Bybit, Gemini started offering rading equities onchain.
Ondo’s expansion into BNB Chain brings it into closer competition with projects like Backed and Kraken’s xStocks, which also offer tokenized financial assets on BNB. This step into BNB Chain deepens the tokenized stock market’s reach into Asia and Latin America, where BNB has a strong user base.
The American Bankers Association (ABA) has sharply criticized the Office of the Comptroller of the…
President Donald Trump and his family's cryptocy company, World Liberty Financial (WLFI), are facing a…
Aerodrome Finance and Velodrome, two of the leading decentralized exchanges (DEXs) on Base and Optimism,…
OpenAI's artificial intelligence models helped uncover two critical security vulnerabilities in PHP, the programming language…
SoFi Technologies has launched SoFi Earn (SOFIE), a new blockchain-based banking product that allows consumers…
Microsoft, Google's parent company Alphabet and Goldman Sachs have joined a growing list of major…