TL;DR:
- Ondo Finance, Clearstream and 360X announced an alliance to integrate tokenized securities into regulated institutional financial infrastructure.
- Ondo’s tokenized assets, including stocks and ETFs, are now available on 360X, marking the largest listing addition in the platform’s history.
- Clearstream will enable custody, settlement and collateralization of the assets within institutional workflows, with a planned future expansion across the EU.
Ondo Finance, the world’s largest tokenized securities platform, announced a strategic alliance with Clearstream, one of the leading global providers of post-trade infrastructure, and 360X, the regulated digital asset platform backed by Deutsche Börse Group. The goal is to connect traditional financial markets with onchain infrastructure built on public, permissionless blockchains.
The partnership spans the full lifecycle of tokenized securities: trading, custody, settlement and collateral management. The resulting framework operates within regulated financial infrastructure, making it a significant step toward the institutionalization of onchain assets.
Ondo Stocks and ETFs in the Regulated European Market
In the first phase, Ondo’s stock and ETF tokens are already available on 360X, representing the largest mass listing addition in the platform’s history. The listed assets include tokenized versions of Apple, Amazon, Google, Meta, Microsoft, Nvidia, Tesla, Circle, as well as the SPY and QQQ ETFs. The instruments are issued on Ethereum, Solana and BNB Chain, and are accessible to broker-dealers and institutional investors across Europe within an environment that meets the European Union’s regulatory standards.
This addition was made possible by OGM’s recent regulatory approval to offer tokenized stocks and ETFs in 30 European countries within the EU and the European Economic Area, enabling it to reach more than 500 million investors.
The Second Phase: Custody and Post-Trade Infrastructure
In a subsequent stage, Ondo’s assets will be integrated into Clearstream’s custody, settlement and collateral pool infrastructure. This will allow institutional investors to access onchain products through workflows similar to those already in place. Clearstream will also make the assets it holds in custody available to Ondo in tokenized form for distribution outside the United States.
Matthieu de Vergnes, Global Head of Institutional at Ondo Finance, noted that having tokenized assets within Clearstream’s network means that institutions can access the benefits of onchain securities through the same trusted infrastructure they already use. Jens Hachmeister, Head of Issuer Services and New Digital Markets at Clearstream, emphasized that the initiative aims to build a more efficient and future-ready market.
