Ondo tokenized stocks will be launched on Bitget spot trading

Bitget recently announced that tokenized stocks and ETFs supported by Ondo Finance will be launched in the innovative area, stock area, and ETF area of the Bitget spot market.

The assets being launched cover several mainstream underlying assets, including Tesla, Nvidia, Apple, Google, Microsoft, Amazon, Meta, and Advanced Micro Devices, while also introducing index ETF products such as SPY, IVV, QQQ, IWM, ITOT, as well as precious metal assets linked to gold and silver, providing users with a broader range of cross-market allocation options. The aforementioned assets have previously been launched in Bitget's on-chain trading products.

Ondo and its affiliated entities hold Broker-Dealer and ATS licenses registered with the U.S. SEC to facilitate compliant securities issuance. Bitget CEO Gracy Chen stated that this collaboration with Ondo will bring core global stocks, indices, and precious metal assets into the spot trading scenario, helping to meet users' diversified allocation and trading needs.

Bitget is one of the earliest mainstream platforms to support Ondo's tokenized assets, once accounting for 90% of the total trading volume of Ondo-related assets. Ondo Finance President Ian De Bode stated that the cooperation between the two parties will further promote the platform's development towards an integrated multi-asset trading model.