Phemex integrates Ondo tokenized equities, giving 10m customers onchain entry to 14 main shares and ETFs.
Abstract
- Phemex accomplished integration with Ondo Finance’s full tokenized fairness suite, itemizing 14 actual‑world belongings together with NVDA, TSLA, AAPL, AMZN, QQQ, and SPY‑type ETFs.
- The alternate says the transfer is a part of a broader push into RWA tokenization, permitting purchasers to carry tokenized shares and ETFs whereas preserving digital asset liquidity.
- Based in 2019, Phemex now serves greater than 10m merchants with spot, derivatives, copy buying and selling, and yield merchandise because it positions itself between TradFi and DeFi.
Cryptocurrency alternate Phemex introduced the completion of its integration with Ondo Finance’s full suite of tokenized equities, in response to an announcement launched by the corporate.
The mixing supplies the platform’s 10 million customers entry to 14 tokenized conventional belongings, together with shares of expertise firms and exchange-traded funds, the corporate acknowledged.
The tokenized fairness choices embrace shares of NVIDIA, Tesla, Apple, and Amazon, in addition to the Nasdaq 100 ETF and the SPDR S&P 500 ETF, in response to the announcement.
The platform describes the mixing as a part of its growth into real-world asset (RWA) tokenization, permitting customers to entry conventional monetary devices by blockchain expertise whereas sustaining digital asset liquidity.
Phemex acknowledged the initiative represents a part of its technique to bridge conventional finance and decentralized finance platforms.
Based in 2019, Phemex operates as a cryptocurrency alternate providing spot buying and selling, derivatives buying and selling, copy buying and selling, and wealth administration merchandise, in response to firm info. The platform studies serving greater than 10 million merchants globally.
