Ondo Stocks Launches on NEAR Mainnet with $10B TVL

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Ondo Stocks is now live on the NEAR mainnet, bringing real-world assets (RWA) to the blockchain. The platform supports 20 tokenized U.S. stocks, ETFs, and commodities, including Tesla, NVIDIA, Apple, QQQ, and gold. Users can access and transfer assets via NEAR Intents. Ondo reports over $10 billion in TVL and more than $260 billion in cumulative trading volume. This on-chain launch marks a major milestone for tokenized securities.

Odaily Planet Daily reports: Ondo Finance has launched its tokenized securities platform, Ondo Stocks, on the NEAR mainnet and integrated with NEAR Intents. The platform initially supports 20 tokenized U.S. stocks, ETFs, and commodity-related products, including shares of Tesla, NVIDIA, Apple, and ETFs for QQQ, gold, and silver. Eligible users can access these assets via the NEAR mainnet and leverage NEAR Intents to distribute them to wallets and applications connected to the network. The NEAR mainnet enables access to over 30 blockchains. Ondo states that the total value locked on its tokenized securities platform has exceeded $1 billion, with cumulative trading volume surpassing $26 billion.

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