Caroline Bishop
Jan 22, 2026 00:16
Ondo International Markets launches on Solana (SOL) with tokenized variations of NVDA, AAPL, SPY, and 200+ different securities, capturing 65% of RWA belongings on the community.
Ondo Finance simply made its largest transfer but, launching Ondo International Markets on Solana (SOL) with greater than 200 tokenized U.S. shares and ETFs. The platform immediately turns into the biggest real-world asset issuer on the community, representing roughly 65% of all tokenized RWAs presently stay on Solana.
The lineup contains heavy hitters: NVDA, AAPL, META, and CRCL on the inventory aspect, plus main ETFs like SPY and QQQ. Non-U.S. traders can now entry these tokenized securities via Jupiter at launch, with broader pockets and DeFi protocol integration deliberate.
How the Tokens Work
These aren’t artificial derivatives or value trackers with counterparty danger baked in. Every token is backed 1:1 by the precise underlying safety, held with licensed U.S. broker-dealers. Ondo buildings them as total-return trackers, that means holders seize value actions, dividends, and company actions.
Dividends get robotically reinvested internet of tax withholdings. So in case you maintain AAPLon and Apple pays a dividend, you may see extra AAPLon tokens in your pockets slightly than a money distribution. Costs keep quoted in USD.
Minting and redemption runs 24 hours a day, 5 days every week—matching conventional market hours—however the tokens themselves can transfer between wallets and DeFi protocols across the clock.
Why Solana Makes Sense
Solana’s structure offers Ondo one thing Ethereum cannot simply match: throughput. The community claims capability for 50,000 transactions per second utilizing its proof-of-history consensus mechanism. For a platform aiming to duplicate brokerage-level liquidity onchain, that issues.
The timing appears to be like deliberate. Solana hosts 3.2 million day by day lively customers, in accordance with current information, and SOL has been displaying energy—buying and selling at $130.83 on January 21, up 2.91% in 24 hours with a $74.1 billion market cap. Circle additionally introduced new Solana merchandise the identical day, suggesting coordinated ecosystem momentum.
The Greater Image
Ondo already operates as the biggest tokenized inventory and ETF platform by whole worth locked. Including Solana expands attain past Ethereum and BNB Chain, the place the protocol beforehand lived.
For merchants, the worth proposition is entry. Non-U.S. customers get publicity to U.S. equities with out conventional brokerage friction, whereas sustaining the composability that DeFi allows. Wish to use your NVDA tokens as collateral? That is the eventual play.
The launch additionally alerts the place institutional RWA tokenization is heading. Fairly than beginning with unique belongings, Ondo went straight for the securities that really commerce—SPY, QQQ, the mega-cap tech shares everybody already desires. Integration throughout Solana wallets, exchanges, and DeFi protocols will decide whether or not this turns into infrastructure or stays a novelty.
Picture supply: Shutterstock
