NEAR Adds 20 Tokenized US Stocks and ETFs via Ondo
Eligible users can buy, trade and hold tokenized U.S. stocks and ETFs in one near.com account without opening a separate brokerage account.
- On Friday, near.com announced a partnership with Ondo Finance, allowing eligible users to access tokenized stocks and ETFs alongside crypto assets within a single near.com account.
- "Bringing financial markets onchain should give people more control," said Alex Shevchenko, CEO of Defuse Labs, the developer of NEAR Intents. The partnership aims to let users manage traditional financial assets and crypto through one account.
- Users can hold tokenized NVIDIA, Tesla, or QQQ using assets from over 30 networks, with Ondo's platform currently boasting more than $1 billion in total value locked and over $26 billion in cumulative trading volume.
- These tokenized assets are not available in the United States, Canada, or other prohibited jurisdictions; Ondo's disclosures state the products have not been registered under the Securities Act of 1933.
- The partnership marks a broader expansion of financial assets available through near.com as NEAR Intents handles routing through a private shard, which the project claims reduces exposure to front-running and strategy leaks.
18 Articles
18 Articles
NEAR adds 20 tokenized US stocks and ETFs via Ondo
NEAR has partnered with Ondo Finance to give eligible users access to 20 tokenized U.S. stocks, exchange-traded funds, and commodity-linked products through near.com and NEAR Intents. Ondo Finance said the integration would let eligible near.com users exchange supported crypto assets…
PR Newswire
near.com Partners With Ondo to Bring Tokenized U.S. Stocks and ETFs Alongside Crypto, Confidentially
/PRNewswire/ -- near.com, the app that brings crypto, tokenized assets, earning, trading, perps and payments into one connected experience, confidential by...
NEAR adds another bullish session and consolidates above USD $4.50 after doubling its usual volume in the last 48 hours, with the Tokenized Assets Initiative alongside Ondo as the most visible catalyst. The price quoted 77.63% below its historical peak, but the technical indicators already show signs of extreme overpurchase that require careful risk management.
Ondo Finance and NEAR launched 20 tokenized US stocks and ETFs on near.com via NEAR Intents, with over 30 networks; NEAR surged 4.54% in five minutes.
Tokenized Stocks: NEAR-Ondo Cross-Chain Access
NEAR Protocol says eligible users can now request purchases of Ondo tokenized U.S. stocks and ETFs through near.com, paying with stablecoins or other supported crypto assets across more than 30 blockchain networks. The mechanism behind it, NEAR Intents, handles routing and settlement in the background so users don’t have to manually bridge funds or juggle wallets across multiple chains. That’s the headline mechanic. The caveat that matters just …
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