Ondo Finance signed a memorandum of understanding (MOU) with Openmarkets Group, an Australian financial services provider, to explore the expansion of its tokenized financial products in Australia.
The agreement marks the blockchain firm’s entry into the Australian market as part of its growth strategy in the Asia-Pacific region.
Ondo is laying the groundwork for expansion into Australia.
We have signed an MOU with Australian financial services provider Openmarkets Group to explore bringing Ondo’s tokenized financial products to eligible investors in Australia.
The collaboration will evaluate potential… pic.twitter.com/HOidVo5f15
— Ondo Finance (@Ondo) September 14, 2026
The collaboration will evaluate three lines of work: the tokenization of securities listed on Australian exchanges, the local distribution of Ondo Stocks and tokenized U.S. Treasury bond offerings, and the development of infrastructure that connects Australian markets with the global onchain economy.
Openmarkets will contribute the local knowledge and financial infrastructure needed to analyze how Ondo’s products and technology can serve investors in the region.
The firm clarified that any resulting product or service will be subject to definitive agreements, due diligence processes, regulatory analysis, and the corresponding approvals. The MOU represents the formal starting point of that joint work, but does not yet guarantee concrete outcomes.
Source: https://x.com/Ondo/status/2099495891375677821
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