The popular Web3 wallet MetaMask has introduced support for tokenized stocks and ETFs.
This integration is made possible through a partnership with the RWA platform Ondo Finance.
“Mobile users in supported jurisdictions outside the US can access over 200 tokenized US securities, including Tesla, NVIDIA, Apple, Microsoft, Amazon, as well as ETFs like SLV (silver), IAU (gold), and QQQ, without opening a traditional brokerage account and remaining entirely within the crypto environment,” states the project website by ConsenSys.
Users can purchase Ondo Global Markets tokens with USDC on the Ethereum network via the MetaMask Swaps feature.
“These assets are tied to the market value of the underlying securities. Trading is available 24/5: from 8:05 PM ET Sunday to 7:59 PM ET Friday. Token transfers are available around the clock,” the website explains.
Leading the Trend
In the RWA segment, the Ondo Finance platform leads in the number and total value of tokenized securities: Ranking of stock tokenization platforms. Source: RWA.Below are the most liquid assets in the segment: Ranking of tokenized stocks by total volume. Source: RWA.The volume of the tokenized stock sector is approaching $1 billion (+18.8% over 30 days), with the number of holders nearing 300,000.
