Exodus launches tokenized stock marketplace with Ondo, adds 200-plus onchain equities
Exodus launched Exodus Markets, a tokenized-asset marketplace built with Ondo Finance that lets eligible users trade 200+ tokenized stocks, ETFs, and other real-world assets on Solana from the wallet app. The service is available in select markets and requires updating to the latest app version. The tokenized assets do not confer ownership of the underlying securities or shareholder rights. Exodus is a self-custody wallet provider, and tokenized Exodus shares already represent over $55 million in onchain value. Ondo is a major RWA issuer with about $2.7 billion in tokenized products. The launch comes amid rapid growth in tokenized equities, which have reached about $3.5 billion in value, led by xStocks from Kraken and Backed Finance. The market is also expanding into pre-IPO exposure, especially around SpaceX.
