500 million investors to get exposure to US markets directly on-chain

Ondo Global Markets, a US-based tokenization platform, has received regulatory approval to bring tokenized stocks and ETFs to investors across the European Union (EU) and the European Economic Area (EEA). 

According to reports, the authorization was granted by the Liechtenstein Financial Market Authority (FMA), enabling Ondo to serve investors in 30 European countries, including all EU member states plus Iceland, Liechtenstein, and Norway. 

500 million investors to get exposure to US markets directly on-chain

The approval covers the Base Prospectus used for tokenized equity products, giving regulated exposure to US markets directly on-chain. This will potentially provide a compliant structure that applies to 30 markets and reaches more than 500 million investors. 

Ondo did not specify the framework under which it secured approval to offer tokenized stocks in Europe. However, it highlighted Liechtenstein’s passporting regime, which extends across the EEA.

As an EEA member state, Liechtenstein implemented the EU-wide Markets in Crypto-Assets (MiCA) framework through the EEA MiCA Implementation Act, EWR-MiCA-DG. It entered into force in February.

However, following the expiry of the transitional regime on December 31, 2025, crypto asset service providers (CASPs) will be required to hold MiCA authorization from Liechtenstein’s FMA.

The regulatory milestone positions Ondo to operate within a “unified, regulated European framework consistent with established investor-protection standards,” the company said.

Additionally, the EU approval strengthens its global presence and reinforces the platform’s strategy to democratize access to yield and securities through tokenization.

As reported by Cryptopolitan, Ondo Finance also announced another collection of tokenized stocks, available on the BNB Chain and tradable through PancakeSwap, with early incentives. They set zero fees for trading Ondo Finance tokenized stocks until the end of this month. 

Backed by investors such as Pantera Capital and Founders Fund, Ondo now manages over $315 million in TVL and more than $1 billion in cumulative trading volume.

The move comes amid rising tensions within the EU over the extent of supervisory authority that member states should retain under MiCA. According to reports, EU officials are drafting plans to designate the European Securities and Markets Authority as the direct regulator for all CASPs across the bloc.

ONDO slips amidst the regulatory win

Even after the news, Ondo’s token remains steady, with a slight decline of 0.18% over the last 24 hours. Now, it carries a market capitalization of $1.68 billion, with an unlocked market cap of $2.58 billion. However, the daily trading volume decreased by 9.74% to $83.08 million. 

Additionally, the market movement and technical indicators continue to show pressure on the daily chart. The RSI stands at 32.63, showing an extended sell signal while keeping the token just above the oversold area. Meanwhile, the token is trading at $0.5344.

The US’s SEC says that tokenization is a “huge focus”

In the US, tokenization has become a hot topic as firms look to bring stocks on-chain. Recently, Nasdaq filed a rule change with the SEC for tokenized versions of stocks. In that proposal, they argued that markets can adopt tokenization without waiving core investor protections, pushing back on calls for broad exemptions from federal market-structure rules.

According to the SEC Commissioner Hester Peirce, tokenization is a “huge focus” for the agency.  However, Better Markets’ Director of Securities Policy Benjamin Schiffrin warned that tokenization poses threats to investor protection. 

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