At a glance
Type: issuer
Jurisdiction: British Virgin Islands
Chain: Ethereum, BNB Chain, Solana
Status: unknown
Last updated: 2026-10-29
| Field | Value |
|---|---|
| name | Ondo Global Markets (Ondo Stocks) |
| jurisdiction | British Virgin Islands |
| product_name | Ondo stock/ETF tokens |
| structure | Structured notes giving economic exposure; no shareholder voting/information rights |
| chains | Ethereum, BNB Chain, Solana |
| who_can_buy | Excludes US persons and several jurisdictions; some require qualified/professional status |
| num_assets | 450+ advertised (per Zerion) |
In plain English: Ondo’s stock tokens are notes that track US stocks, backed by shares held at US brokers. They are not the shares themselves.
Ondo stock tokens are structured notes issued by Ondo Global Markets (BVI) Limited, backed 1:1 plus a buffer by securities held through US custodial broker-dealers (Ondo docs; trust & transparency).
Eligibility: Ondo docs. Redemption: Ondo docs. Asset count (450+) is from Zerion (secondary).
The issuer is a bankruptcy-remote BVI SPV; assets are held at U.S. broker-dealers, overcollateralized, with Ankura as security agent (Ondo). Tokens are ERC-20 on Ethereum and BNB Chain and Token-2022 on Solana (Ondo).
Mint and redeem use signed quotes through IGMTokenManager (Ondo API).
On 7 Oct 2026 Assetera, an Austrian MiFID II firm, listed 100+ Ondo tokenized stocks and ETFs for eligible investors in 30 EEA countries, widening to 450+ through Q4 2026 (Assetera).
On 27 Oct 2026 Ondo put 15 Ondo Stocks on Robinhood Chain via the Ondo Bridge (minting and redemption stay on Ethereum and BNB Chain). 11 of them, including NVDAon, SPYon, TSLAon and QQQon, sit in Uniswap v4 StablePair pools against the matching Robinhood Stock Token, with dynamic LP fees when the pair drifts from its expected rate. Ondo pitches this as a weekend supply and exit route while Robinhood’s mint and redeem window is closed. Ondo also says it has $1.3B in total value locked and over 450,000 cumulative holders (issuer claims) (Ondo).
What this means for holders
- You hold a structured note from a BVI SPV, described as bankruptcy-remote and overcollateralized by assets held at US broker-dealers (Ondo docs).
- Not offered to US persons; buying requires KYC (eligibility).
- How minting and redemption work is set out in Ondo’s docs.
Reference information only, not investment advice.
DTCC ecosystem
Ondo is named among the collaborators and partners in DTCC’s Tokenization Service ecosystem at its 28 Oct 2026 launch (DTCC; DTCC).
Sources
Public originals for the facts on this page.
- https://docs.ondo.finance/ondo-stocks/legal-and-regulatory
- https://docs.ondo.finance/ondo-stocks/eligibility
- https://docs.ondo.finance/ondo-stocks/investing-and-redeeming
- https://docs.ondo.finance/ondo-stocks/trust-and-transparency
- https://zerion.io/blog/best-tokenized-stock-platforms/
- https://docs.ondo.finance/ondo-stocks/overview
- https://docs.ondo.finance/api-reference/overview
- https://ondo.finance/blog/ondo-stocks-live-on-robinhood-chain-and-uniswap
Last checked 2026-10-29. Headline fields only; unknown means not yet verified from a source.