Ondo Finance plans to launch tokenized U.S. stocks and ETFs on Solana in 2026
Ondo Finance plans to bring tokenized U.S. stocks and exchange-traded funds (ETFs) to the Solana blockchain in early 2026, expanding its push to put traditional financial assets onchain.
The company said the tokens will be fully backed by real U.S. securities held with registered broker-dealers. Token holders will receive economic exposure to the assets, such as price changes and dividends, but will not have shareholder rights.
Ondo’s goal is to let investors hold assets like U.S. stocks, ETFs, Treasurys and money market funds in the same crypto wallet they use for stablecoins, while allowing faster settlement and 24/7 transfers.
The tokenized assets will be part of Ondo’s Global Markets product, which already offers onchain exposure to more than 100 U.S. stocks and ETFs on other blockchains. Solana is set to be one of the next networks added, following an earlier expansion to BNB Chain.
Ondo said minting and redemption of the tokens will operate 24 hours a day, five days a week, in line with traditional market hours. However, once issued, the tokens can be transferred and traded on Solana around the clock.
To keep prices aligned with real-world assets, Ondo plans to use Chainlink as its oracle provider, including custom data feeds that account for dividends and other corporate actions.
Compliance rules will be built directly into the tokens using Solana’s Token Extensions, such as transfer hooks. These tools allow Ondo to enforce eligibility checks, regional restrictions and transfer limits at the token level, rather than relying on individual apps to apply the rules.
Ondo said access to the product will be limited to eligible non-U.S. investors and will require identity checks and regulatory screening, similar to opening a traditional brokerage account.
Solana’s fast transaction speeds, low fees and large retail user base were key reasons for the choice, according to Ondo. The company believes these features make Solana well suited for tokenized equities that are meant to move easily between wallets and onchain applications.
While the structure offers faster settlement and easier transfers than traditional markets, Ondo stressed that the tokens provide financial exposure only. The underlying shares remain held by regulated custodians, and investor access will continue to be shaped by existing financial rules.
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