NEAR adds Ondo tokenized stocks to cross-chain platform

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NEAR adds Ondo tokenized stocks to cross-chain platform
Crypto

Crypto News Flash

NEAR has integrated Ondo Stocks into its confidential cross-chain platform, letting eligible users buy and hold more than 450 tokenized U.S. stocks and ETFs inside a single near.com account. Users can fund purchases with USDC, Bitcoin and other supported assets without manual bridging because NEAR Intents routes cross-chain funds across 30+ networks. Ondo reported $1.01 billion in total value locked and $27 billion in cumulative trading volume by August, and Alpaca's Instant Tokenization Network adds an in-kind minting and redemption route for institutions. The tokens give economic exposure but do not convey legal ownership and are restricted in the United States, Canada and to U.S. persons.

Users can buy 450+ tokenized U.S. stocks via NEAR cross-chain routing

Context

Ondo reached $1.01 billion in TVL and $27 billion in trading volume by August. NEAR added Ondo Stocks so users can route crypto from 30+ networks to buy tokenized U.S. stocks. Next, trading volume routed through NEAR Intents will show…

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