Ondo Finance Introduces First 24/7 Minting And Redemption For Tokenized Stocks And ETFs
In Brief
Ondo Finance launches 24/7 minting and redemption for selected tokenized stocks and ETFs, expanding continuous access across blockchain networks.
DeFi platform Ondo Finance introduced 24/7 instant minting and redemption services for selected U.S. tokenized stocks and exchange-traded funds (ETFs), expanding access to these digital assets beyond traditional market hours. The feature is now available on the Ethereum and BNB Chain networks, while support for Solana is expected to be added in the near future.
The update allows eligible users to mint or redeem supported tokenized securities at prevailing market prices at any time, including weekends and U.S. public holidays. The initial assets supported under the new service include SPYon, QQQon, CRCLon, NVDAon, TSLAon, and GOOGLon, with additional tokenized stocks and ETFs planned for future inclusion.
Ondo Global Markets has already enabled uninterrupted transfers of tokenized stocks and ETFs, allowing users to hold, transfer, and integrate these assets across compatible wallets, exchanges, custodians, and decentralized finance protocols regardless of whether U.S. equity markets are open. However, the creation and redemption of these assets had previously been restricted to a 24-hour schedule during weekdays, with services suspended over weekends in line with conventional market operations.
The newly introduced functionality removes those limitations by enabling continuous minting and redemption throughout the week. As a result, the full lifecycle of supported tokenized securities, from issuance to redemption, is now available without interruption.
According to the company, the launch represents the first instance in which tokenized stocks and ETFs can be minted and redeemed around the clock. While several platforms already support continuous secondary-market trading through decentralized exchanges and off-chain central limit order books, direct issuance and redemption have generally remained tied to the operating hours of traditional financial markets.
Expansion of Around-the-Clock Market Access
The expansion reflects broader developments in the tokenized real-world asset sector, where demand has grown for continuous access to traditional financial instruments through blockchain infrastructure. Extending minting and redemption services to a 24/7 schedule is intended to provide greater flexibility for market participants, allowing positions to be opened or closed outside standard U.S. trading hours while improving liquidity during weekends and public holidays.
Ondo Global Markets currently offers more than 430 tokenized stocks and ETFs across the Solana, Ethereum, and BNB Chain ecosystems. The platform states that it was the first in the tokenized stock sector to surpass $1 billion in total value locked, exceeding the combined value locked across competing platforms. Its infrastructure also supports continuous on-chain trading and enables tokenized securities to be used as collateral within decentralized finance applications, including Ondo Perps, Morpho, and Euler. The addition of continuous minting and redemption is designed to further expand the functionality and accessibility of tokenized equities within blockchain-based financial markets.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
