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- Tokenized stocks are now available in Exodus Markets through Ondo Finance on Solana.
- Exodus users can access over 200 stocks, ETFs, and real-world assets in the wallet.
- Ondo says its backed tokenized stock model supports trading, settlement, and DeFi use.
Tokenized stocks entered the Exodus wallet after the company launched Exodus Markets through Ondo Finance. The service gives eligible users access to more than 200 assets on Solana. The rollout includes stocks, ETFs, and other real-world assets.
As per the report, the service is available through the latest version of the Exodus wallet. Access is limited to supported jurisdictions, according to the company. The launch expands Exodus beyond crypto storage, swaps, payments, and staking.
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Exodus Adds Tokenized Stocks to Self-Custody Wallet
Exodus said the platform allows users to buy and sell tokenized stocks directly inside its wallet. The company is adding traditional market exposure to a self-custody product. The move links wallet-based crypto services with tokenized traditional finance.
Ondo Finance powers the new platform through its real-world asset infrastructure. The assets are available on Solana under the integration. Users can trade through Exodus Markets without moving to a traditional brokerage platform.
JP Richardson, CEO and co-founder of Exodus, said tokenized equities give users direct control over traditional financial assets. He said this control is similar to what users expect from digital assets. Exodus also said it became the first publicly traded company to tokenize its own stock in 2021.
The company’s tokenized EXOD shares are included in the new platform. They appear alongside other tokenized stocks and real-world asset products. Exodus said the addition brings its own equity token into a wider on-chain market.
Ondo Finance CEO Ian De Bode said Exodus has one of the largest self-custodial audiences in crypto. He said the company has built trust with users over several years. He added that tokenized markets can scale through products people already use to manage money.
Ondo said its platform has tens of thousands of holders. It has also processed more than $18 billion in trading volume. The company said it accounts for more than 70% of the tokenized stock market.
Ondo Model Supports 24/7 Trading and DeFi Use
The tokenized stocks on Ondo Global Markets are backed by underlying shares held in custodial accounts. Ondo said this structure separates the products from synthetic assets. The model supports 24/7 trading, fractional ownership, instant settlement, and DeFi uses.
Those DeFi uses include collateralization and lending. Exodus said tokenized assets are not the same as direct holdings of the underlying securities. Token holders do not receive shareholder rights, including voting rights or direct ownership.
The company said access also depends on local regulatory rules. The service remains limited to regions where the product is supported. Exodus did not present the assets as replacements for directly held shares.
The launch comes as tokenized stocks draw more attention from crypto firms, wallets, brokerages, and blockchain networks. These platforms are offering on-chain exposure to traditional assets under different regulatory structures. Exodus Markets adds another wallet-based route into tokenized securities.
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