BNB News Update: Ondo's Transition to BNB Chain Expands 24/5 Worldwide Entry to U.S. Markets
- Ondo Finance expands tokenized securities platform to BNB Chain, offering 100+ U.S. stocks/ETFs to global investors via Bitget Wallet. - Partnership enables 24/5 trading for non-U.S. users, bypassing traditional brokers through blockchain-backed real-world assets (RWAs). - Platform now holds $350M TVL, leading tokenized securities market growth as BNB Chain strengthens RWA ecosystem adoption. - Cross-chain compatibility with Ethereum/Solana enhances liquidity, while competition intensifies with rivals li
Ondo Finance has broadened its tokenized securities offerings to the
These tokenized assets are fully collateralized by real securities stored with U.S. custodians, providing investors with exposure to price changes and reinvested dividends, CoinEdition highlighted. Unlike standard DeFi protocols that depend on liquidity pools, Ondo’s system links directly to liquidity in traditional equity markets, allowing trades from as little as $1, CoinEdition stated. Since launching on
This move supports BNB Chain’s initiative to expand its real-world asset (RWA) ecosystem. Sarah Song, BNB Chain’s business development lead, said Ondo’s participation affirms the chain’s progress in the RWA sector, The Block reported. The tokenized securities sector has more than doubled since August, reaching nearly $700 million in TVL, with Ondo accounting for about $320 million, CoinDesk noted. This surge mirrors broader adoption by platforms such as Robinhood and Kraken, which have also launched onchain equity trading, CoinDesk added.
Ondo’s CEO, Nathan Allman, highlighted the significance of BNB Chain’s user community, calling the expansion a “key milestone in making U.S. markets accessible worldwide via blockchain,” The Block reported. The platform’s cross-chain support—including Ethereum,
This expansion also ramps up competition in the tokenized equities sector. Ondo now contends with competitors like Backed and Kraken’s xStocks, both operating on BNB Chain, CoinDesk reported. The rapid growth of the tokenized securities market highlights its potential to transform traditional finance, with Ondo’s TVL surpassing all other platforms combined, according to CoinEdition.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SHIB Falls by 0.78% as Network Security Enhancements and Market Fluctuations Continue
- SHIB dropped 0.78% on Nov 2, 2025, amid broader market corrections and a 52.22% annual decline despite short-term gains. - Shiba Inu announced Shibarium's RPC migration and security upgrades to enhance decentralization after a September validator key breach. - Technical analysis shows SHIB trading near RSI neutrality with the 200-day moving average as key support amid network upgrades. - A backtest evaluating price impacts failed due to "division by zero" errors in historical data, requiring filtered dat
DST aligns U.S. markets with those in Asia, increasing volatility as global attention shifts to earnings announcements
- U.S. markets open earlier at 22:30 Beijing Time post-DST, aligning with Asian/European sessions and boosting cross-border volatility. - Dexcom shares fell 8% post-earnings despite beating forecasts, signaling investor doubts on diabetes tech growth sustainability. - Strategy Inc. reported $2.8B net income and Bitcoin-linked guidance, highlighting crypto-driven earnings volatility. - DTE Energy and IDEX Corp. showed mixed results, while DSG achieved 10.7% sales growth through strategic integrations. - DST
Market Hours Adjustment Coincides with Easing Trade Tensions and Increased Profits
- U.S. stock market opens at 22:30 Beijing Time post-Daylight Saving Time shift, impacting international investors amid mixed earnings and evolving U.S.-China trade dynamics. - Energy (DT Midstream's $288M Q3 EBITDA) and financial services (Federated Hermes' $871B AUM) sectors reported strong performance, while tech firms like OneSpan revised revenue guidance. - U.S.-China trade tensions eased temporarily via a one-year pause on rare-earth controls and reduced fentanyl tariffs, signaling tactical de-escala
BAT drops 1.05% over 24 hours as Bangladesh faces declining sales and operational difficulties
- British American Tobacco (BAT) fell 1.05% on Nov 2 2025, despite 13.71% weekly and 16.58% monthly gains, amid a 18.77% annual decline. - Bangladesh operations drove a 23% YoY profit drop due to 18% sales decline, 15% higher operating costs, and Tk 2.12B relocation expenses. - Elevated excise duties (14% rise), finance costs (21% increase), and negative cash flow (-Tk 21.70/share) exacerbated financial strains despite 300% dividend boost. - Net asset value per share fell to Tk 105.22, reflecting long-term
Trending news
MoreCrypto prices
More
