Ondo Finance Debuts SEC-Aligned Tokenized Stocks on Ethereum
Ondo Finance Debuts SEC-Aligned Tokenized Stocks on Ethereum Ondo has launched tokenized versions of iShares Core S&P 500 ETF and Micron Technology (MU) shares on Ethereum, becoming the first live implementation of the SEC's custodial tokenization framework. The underlying securities remain held by regulated custodians, while one-to-one tokenized representations are issued through a registered transfer agent. Token holders also receive proxy voting, shareholder communications, and governance rights via Broadridge's infrastructure. Although the product is currently unavailable to U.S. inves…
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