# Ondo launches more than 100 tokenized U.S. securities on Ethereum

> A large, transferable tokenized-securities product became live and usable in DeFi, creating a new tokenized-RWA diligence object.

- URL: https://riadefi.com/on-chain/2025-09-03-ondo-global-markets-ethereum-launch/
- Type: Launch or access
- Stage: Live launch
- Evidence: confirmed
- Materiality: material
- Event date: 2025-09-03
- Version: 1, published 2026-08-22 (first published 2026-08-22)
- Follow-up: 2025-10-03
- Advisor-relevant: no
- Affects: Ondo Global Markets (Ondo Stocks) (product)

## What happened

Ondo launched tokenized total-return exposure to more than 100 U.S. stocks and ETFs on Ethereum, with minting and redemption tied to underlying-market liquidity.

## What changed

A large, transferable tokenized-securities product became live and usable in DeFi, creating a new tokenized-RWA diligence object.

## What did not change

The launch did not make the product available to U.S. persons, and the tokens did not confer direct ownership of the referenced stocks or ETFs.

## Confirmed

- The product launched on Ethereum on September 3, 2025.
- Ondo described more than 100 tokenized stocks and ETFs as live.
- The official notice limited access to eligible non-U.S. investors.
- The tokens track total returns and are not themselves stocks or ETFs.

## Still open

- The launch notice alone did not resolve issuer-discretion, transfer-control, insolvency, or U.S.-advisor implementation questions.
- Independent reserve attestations and stressed redemption performance remained to be evaluated.

## What it means for an advisor

- Open or update the ondo-global-markets diligence file because the launch materially expanded the tokenized-equities perimeter.
- Preserve the U.S.-person exclusion as a binding access constraint rather than treating on-chain transferability as client eligibility.
- Review the derivative claim, custody chain, transfer controls, attestations, and redemption mechanics before any approval consideration.

## Sources

1. [Ondo Stocks is Now Live: The Dawn of Wall Street 2.0](https://ondo.finance/blog/global-markets-is-live) · Ondo Finance · 2025-09-03


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.
