Ondo Global Markets to Bring Public Securities Onchain 

​The current investing experience is broken. High fees, limited access, transfer frictions, platform fragmentation, and hidden risks create barriers for both investors and the companies that serve them. These problems have persisted for decades, locking millions out of capital markets and stifling innovation.At Ondo, we believe there’s a better way. By leveraging blockchain technology, we can bring institutional-grade financial markets onchain, making them more accessible, transparent, and efficient. That’s why, last year, we announced our intention to build what we call Ondo Global Markets (Ondo GM), a tokenization platform designed to bring public securities onchain.As we described last year, when we first began thinking about how to tokenize exposure to publicly traded securities, we knew we needed to design the tokens to have the same liquidity as the underlying assets. Initially, we planned to achieve this through a model where tokens would represent client instructions at traditional broker-dealers, in what would have been a fully permissioned system.However, as we spoke more with key stakeholders—developers, TradFi partners, and current and former government officials—it became clear that the community was becoming increasingly ready to unlock the full potential of blockchain technology for financial markets through a more open and accessible design, with stablecoins as a key reference point.Behind this momentum, we reimagined the Ondo GM tokenization framework, which now will enable issuers to create tokens that are more freely transferable, similar to stablecoins—with permissioning built into the distribution layer as needed for participants’ compliance, security or commercial purposes.In this framework, Ondo GM will propel financial markets into the open economy, returning power to stakeholders to make their own decisions and compete on a level playing field, while addressing challenges like high fees, limited availability, and transfer frictions.That’s why, today, we’re excited to share the next evolution of our Ondo Global Markets platform—with a tokenization framework that combines stablecoin-modeled transferability with the liquidity we have always envisioned. What stablecoins did for dollars, Ondo GM will do for securities.Global Markets OverviewAt its core, Ondo Global Markets is a tokenization platform that enables investors outside the US to gain onchain exposure to thousands of US publicly traded securities, including stocks, bonds, and ETFs. Tokens issued in the Ondo GM platform will be each backed 1:1 by an underlying asset, like a public stock, and will be freely transferable, like stablecoins, outside the US. By providing tokenized exposure to these assets, Ondo Global Markets brings the transparency, efficiency, and accessibility enabled by blockchain technology to institutional-grade finance. Through its APIs and SDKs, the platform also empowers third-party developers to build innovative financial applic