Ondo Finance Receives Approval for Tokenized Stocks on Binance

• ADGM approves Ondo’s tokenized stocks for trading on Binance’s regulated platform.
• Ondo Finance surpasses $11B trading volume, showing strong adoption of tokenized equities.
• Crypto.com launches mixed asset IRAs, blending crypto and stocks with bonus incentives.

Ondo Finance received Abu Dhabi Global Market (ADGM) approval to list its tokenized equities and ETFs on Binance’s FSRA-regulated Multilateral Trading Facility (MTF).

This approval allows investors outside the U.S. to access tokenized versions of major companies, including Amazon, Apple, Microsoft, Meta, Nvidia, Tesla, Alphabet, Circle, and the Invesco QQQ ETF.

Ian de Bode, president of Ondo Finance, emphasized the impact, stating, “Through offering Ondo tokenized stocks for trading on Binance, we are expanding access to hundreds of millions of investors.” Additionally, Binance previously listed Ondo’s offerings on its Alpha platform, focusing on early-stage and riskier projects.

This regulatory milestone marks the first time ADGM has approved the trading of tokenized securities under its framework. Consequently, UAE-based financial institutions, intermediaries, and counterparties can now legally trade blockchain-based equities. Market analysts highlight that tokenized stocks can streamline access to equities, allowing assets to move more freely across trading platforms and integrate with decentralized finance networks.

Ondo’s Market Reach and Product Structure

Ondo structures its tokenized offerings as equity-linked notes tied to underlying shares. Since launching less than six months ago, the company processed over $11 billion in cumulative trading volume and holds more than $600 million in total value locked. This rapid adoption underscores growing interest in bridging traditional equities and blockchain technology.

Moreover, Ondo gained approval last year for its base securities prospectus in the European Union, enabling broader public distribution. Industry observers note that exchanges like Kraken, as well as brokerages including Robinhood, are increasingly exploring tokenized stock products. 

In a parallel development, Crypto.com introduced the first-ever crypto-native mixed asset retirement accounts in the U.S. The new IRA offering combines crypto and stock holdings in one account. 

Kris Marszalek, Co-Founder and CEO of Crypto.com, said, “We are giving consumers the ability to build their future with the best investment products and opportunities in crypto and stocks, all seamlessly in one place.”

Crypto.com IRAs include up to 5% contribution match, an uncapped 2% match on transfers and rollovers, and zero account fees. Additionally, users can manage smart portfolios, access recurring buys, invest in Whale Baskets, and earn double-digit staking rewards. Plans exist to expand these accounts to additional global markets, signaling growing integration between traditional finance and cryptocurrency services.

Related: UAE’s Central Bank Approves the DSSC Stablecoin Launch by IHC, FAB, and Sirius