Ondo Finance has launched a platform for tokenised US securities under the existing US regulatory framework, with Broadridge providing shareholder voting and governance services.
Ondo Finance has launched a platform for third-party tokenised US securities, marking its expansion into the US market through a custodial model that operates within the country's existing regulatory framework. Ondo has partnered with Broadridge Financial Solutions to provide governance services for token holders The first tokenised securities available on the platform are BlackRock's iShares Core S&P 500 exchange traded fund (ETF) (IVV) and Micron Technology (MU) shares. Ondo noted tha