Blockchain.com deepens onchain stock offerings as tokenized equities market grows

Summary

Blockchain.com added 173 tokenized stocks and ETFs through a partnership with Ondo Finance, expanding its tokenized traditional asset catalog to more than 430 products on Ethereum, Solana and BNB Chain. The new offerings include tokenized exposure to private-company shares, active ETFs, Treasury products, covered-call strategies and themed baskets linked to AI infrastructure, energy, robotics, autonomous vehicles and quantum computing. Featured assets include SpaceX-linked SPCX. The assets are available immediately via Ondo’s routing and liquidity infrastructure. Ondo is a major tokenization platform with about $3.8 billion in distributed assets across 267 products. The launch comes as tokenized equities grow quickly, with market value rising to about $1.57 billion from roughly $330 million a year ago. Competition is intensifying as crypto platforms race to offer onchain access to traditional assets. A recent SEC proposal to remove two market-system rules could further reduce barriers to tokenized US equity trading in DeFi.