Exodus and Ondo Finance are working together to let Exodus wallet users buy and sell over 200 different digital versions of stocks, ETFs, and real-world assets.
Summary
- Exodus has partnered with Ondo Finance to offer trading in more than 200 tokenized stocks, ETFs, and real world assets through its wallet app.
- Users in supported markets can buy and sell tokenized EXOD shares alongside other tokenized assets on Solana.
- The launch comes as tokenized equities have grown to $5.5 billion in market value and regulators across the globe are paying closer attention to the sector.
Exodus Movement has launched Exodus Markets, working with Ondo Finance, to let users in certain areas trade over 200 different tokenized stocks, ETFs, and real-world assets using the Solana blockchain. This announcement was made on June 12th.
Exodus is now offering tokenized stock and ETF trading through its secure wallet, going beyond just storing and sending crypto. This expands the platform to include a wider range of financial services like payments and rewards.
Exodus is now allowing customers to buy, sell, and store traditional stocks as digital tokens, giving them the same easy control and worldwide access they’re used to with cryptocurrencies, according to CEO and co-founder JP Richardson.
Richardson explained that Exodus is increasingly becoming the primary way people access all their digital assets, while still maintaining security and user control.
Exodus, a company founded in 2015 and publicly traded on the NYSE American exchange as EXOD, made history in 2021 by becoming the first company to convert its stock into tokens. Now, customers in certain regions can buy, sell, and trade these tokenized EXOD shares directly within the Exodus wallet app, alongside other digital assets.
This launch comes after Ondo Finance hired John Hoffman, a former executive from Invesco, as their new managing director and head of product portfolios. Hoffman will lead the development of tokenized investment products and collections of investments, as Ondo grows its business in tokenized assets.
Ondo Finance CEO Ian De Bode explained that Exodus has cultivated a large number of users who control their own crypto over the past few years. He believes making crypto accessible through familiar financial tools will encourage wider adoption.
According to De Bode, tokenized markets grow by working with the financial tools people are already familiar with.
Regulators turn attention to tokenized equities
As of June 8th, the value of tokenized stocks hit $5.5 billion, more than doubling from $2.23 billion at the beginning of the year. This growth of around 147% makes tokenized equities a leading segment within the broader real-world asset market, according to RWA.xyz.
As such, regulators across the globe are also paying closer attention to the sector.
Recently, South Korea’s finance ministry stated that digital versions of stocks, known as tokenized stocks, would be regulated like traditional stocks if they function similarly. This could mean these digital stocks would be subject to the same tax laws.
As a crypto investor, I’m keeping a close eye on something the SEC is doing. They’ve suggested getting rid of a couple of old rules – specifically from Regulation NMS – and some analysts think this could actually change how tokenized stocks are traded in the future. It might impact the whole setup, so it’s definitely worth watching.
I’ve been looking into tokenized stocks lately, and one thing’s become really clear: just because you own a token representing a stock doesn’t mean you actually *own* the stock itself. Exodus pointed out that the tokens available on their platform aren’t the same as directly owning shares, so you don’t get any of the usual shareholder rights, like voting in company decisions.
This matter is gaining attention because officials in the U.S. and worldwide are considering whether digital versions of stocks should have the same legal rights and safeguards as traditional stocks.
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2026-06-12 18:49