Ondo Finance has launched 24/7 minting and redemption for tokenized stocks and ETFs on Ethereum and BNB Chain, enabling round-the-clock access to blockchain-based versions of traditional equity products without the constraints of conventional market hours.
The launch, detailed on Ondo’s official blog, introduces continuous minting and redemption for the platform’s tokenized stock and ETF products. Users can now create new tokens or redeem existing positions at any time, removing the dependency on traditional U.S. market trading windows.
How 24/7 minting and redemption works for tokenized securities
Minting refers to the creation of new tokenized shares on-chain, backed by the underlying stock or ETF position. Redemption is the reverse process, converting tokenized positions back out of the blockchain-based wrapper.
Traditional equity markets operate on fixed schedules, typically Monday through Friday during U.S. trading hours. Crypto markets, by contrast, never close. Ondo’s documentation on market hours and trading availability outlines how the platform bridges this gap, allowing blockchain-native users to interact with tokenized equity products on their own schedule.
This operational change means holders are no longer locked into waiting for market open to enter or exit positions. For users in non-U.S. time zones, the always-on structure removes a significant friction point that has historically limited participation in tokenized equity products.
Why Ethereum and BNB Chain were chosen for this rollout
Ondo’s decision to deploy on both Ethereum and BNB Chain reflects a distribution strategy aimed at reaching two of the largest smart contract ecosystems. Ethereum remains the dominant chain for asset issuance and DeFi activity, making it a natural home for tokenized securities.
BNB Chain adds a second access route with a different user base. The Binance ecosystem has been expanding its own tokenized stock ambitions, and Ondo’s presence on BNB Chain positions its products alongside that broader push toward on-chain equity access.
A dual-chain approach also reduces single-chain dependency risk and broadens the potential liquidity base for these tokenized instruments. Users on either network can mint or redeem without needing to bridge assets to a different chain first.
Tokenized equities and ETFs in the broader RWA landscape
Ondo’s launch arrives as tokenized real-world assets continue to attract attention from both crypto-native protocols and traditional financial institutions. Tokenized stocks and ETFs represent a specific subset of this trend, offering on-chain exposure to equity markets without requiring a brokerage account.
The move parallels efforts elsewhere in the industry. Coinbase has outlined plans for tokenized stocks with 1:1 backing, while Invesco has moved toward launching a tokenized reserve fund. Ondo’s differentiation lies in the operational layer, specifically the 24/7 availability of minting and redemption rather than restricting these functions to traditional market hours.
Around-the-clock issuance and redemption align tokenized equities more closely with how other crypto assets already function. For adoption to grow, operational parity with native crypto products is a practical requirement, not just a convenience feature.
FAQ about Ondo’s tokenized stock and ETF launch
What did Ondo launch?
Ondo launched 24/7 minting and redemption for its tokenized stock and ETF products, allowing users to create or redeem token positions at any time.
Which blockchains are supported?
The launch covers Ethereum and BNB Chain.
What does 24/7 minting and redemption mean?
Users can mint new tokenized shares or redeem existing ones around the clock, rather than being limited to traditional U.S. equity market hours.
What assets are included?
The products cover tokenized versions of stocks and ETFs available through Ondo’s platform.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
