Binance brings back tokenized US stocks in partnership with Ondo Finance
binance has reintroduced tokenised US stocks and ETFs through a partnership with Ondo Finance, offering early access on Binance Alpha and within the Binance Wallet. The relaunch is the exchange’s first tokenised stock offering since 2021 and has already translated into sharp price moves and heightened on‑chain activity for Ondo’s token.
Binance relaunch and development details
The roll‑out provides early access to ten tokenised assets, including tokenised versions of Apple, Nvidia, Tesla, Alphabet and the Invesco QQQ ETF. Ondo Finance will act as the issuer for these tokenised securities. The offering is available on Binance Alpha and inside the Binance Wallet, marking a return of tokenised stock products after a pause driven by regulatory concerns in 2021.
Market reaction was immediate: Ondo Finance’s native token reached an intraday high of $0. 2537 before retreating to around $0. 2473 at press time. ONDO is down roughly 2. 4% over 24 hours, with a 24‑hour trading range recorded between $0. 2426 and $0. 2537, reflecting elevated volatility surrounding the launch.
Context and escalation
The initiative forms part of a broader push to bridge traditional equities and blockchain infrastructure, with tokenised stocks providing on‑chain access to conventional financial instruments without requiring a traditional brokerage. Ondo has already accumulated billions in cumulative trading volume across platforms, and the protocol’s total value locked stands at more than $2 billion, underscoring substantial adoption and liquidity within its ecosystem.
What makes this notable is that the reintroduction arrives after a multi‑year pause, and it couples Binance’s distribution reach with Ondo’s issuance capabilities—an alignment likely to shift attention toward liquidity and adoption metrics rather than broader cryptocurrency benchmarks. The launch thus represents both a technical relaunch of products and a potential new growth channel for on‑chain exposure to US equities.
Immediate impact
The immediate effects are measurable. ONDO experienced a pronounced intraday swing and elevated trading range tied to the announcement, and the protocol’s standing—more than $2 billion locked and billions in cumulative trading volume—gives the offering a foundation to attract further activity. Traders are watching short‑term technical levels closely: $0. 242 is cited as immediate support, with a break below that level likely to test $0. 238 next.
For investors, the arrangement means new avenues to access tokenised versions of major US stocks and an ETF on the blockchain, while Ondo’s native token stands to benefit from increased ecosystem usage even though it is not a direct claim on the underlying equities. The company’s token remains usable for governance, staking and protocol‑related incentives, tying token economics to platform activity.
Forward outlook
The rollout on Binance Alpha and in the Binance Wallet constitutes the first phase of availability, with early access limited to the initial set of ten assets. Observers will track liquidity trends and trading volumes for those tokenised securities as the next concrete indicators of adoption. The relaunch also places near‑term emphasis on whether trading activity driven by this integration broadens to retail and institutional participants.
Upcoming milestones to monitor include on‑chain trading volume for the newly listed tokenised stocks, shifts in ONDO’s total value locked, and how support and resistance levels—specifically $0. 242 and $0. 238 for ONDO—hold in the days following the relaunch. The move has already altered short‑term price dynamics, and further data on liquidity and adoption will determine whether the listing becomes a sustained channel for growth.
