NEAR and Ondo Finance on September 22 introduced 20 tokenized merchandise based mostly on U.S. shares, ETFs, and commodity-linked ETFs to close.com and NEAR Intents. The combination permits eligible customers in supported areas to make use of USDC, Bitcoin, or holdings throughout greater than 30 blockchains to entry conventional markets by way of a single account. The transfer expands the position of NEAR Intents from cross-chain swap infrastructure right into a distribution channel for conventional monetary belongings on the blockchain.
Ondo Shares Launches With 20 Tokenized Belongings
In accordance with Ondo, the preliminary portfolio contains tokens offering financial publicity to Nvidia, Tesla, Apple, Microsoft, and Amazon shares. Customers can even entry Invesco QQQ alongside ETFs investing in treasured metals, together with iShares Silver Belief and iShares Gold Belief.
The tokens carry the suffix “on”, akin to NVDAon for Nvidia, TSLAon for Tesla, and QQQon for Invesco QQQ. Ondo has at the moment confirmed solely a portion of the entire 20 belongings deployed on close to.com and has not printed the complete checklist.
close to.com is the primary interface to supply this portfolio inside the NEAR ecosystem. The belongings are additionally distributed by way of NEAR Intents to wallets, functions, and protocols which have built-in this infrastructure, topic to entry circumstances in every area.
Ondo Shares beforehand operated on Ethereum, Solana, and BNB Chain. The combination opens an extra entry channel by way of close to.com and NEAR Intents, somewhat than issuing all 20 tokens straight on the NEAR Protocol as natively issued belongings.
Ondo Shares at the moment are stay on close to․com and throughout @near_intents.
Purchase and commerce NVDAon, TSLAon, AAPLon and extra utilizing crypto from 30+ supported chains. pic.twitter.com/7RqTxDXEc7
— Ondo Finance (@Ondo) September 22, 2026
NEAR Intents Handles Cross-Chain Routing
In accordance with the launch announcement, close to.com customers can purchase, maintain, and resell Ondo tokens utilizing USDC, Bitcoin, or supported belongings throughout over 30 blockchains. Transactions are processed by way of NEAR Intents with out requiring customers to manually bridge belongings, open a second pockets, or create a separate brokerage account.
The combination helps Ondo attain customers from a number of blockchain ecosystems by way of a single interface. close to.com serves because the preliminary entry level, whereas wallets, functions, and protocols linked to NEAR Intents can even distribute these belongings in the event that they meet related regulatory necessities.
NEAR said that info concerning dimension, asset pairs, and commerce instructions shouldn’t be made public previous to order execution. This characteristic is designed to restrict “front-running” and pending order exploitation, however doesn’t remove id verification or funding eligibility necessities.
Token Holders Achieve Publicity, Not Direct Share Possession
Ondo Shares observe the financial efficiency of the underlying shares or ETFs, together with worth actions and net-of-tax dividends. Nonetheless, the tokens usually are not securities registered straight below the holder’s identify and don’t confer rights to obtain the corresponding underlying shares or ETFs.
In accordance with Ondo, every token is backed by underlying securities and pending money settlements. These belongings are held at U.S.-registered broker-dealers or licensed nationwide belief firms. An impartial entity conducts each day audits of the collateral belongings.
Eligible customers can mint or redeem Ondo Shares 24 hours a day, 5 days every week. Choose belongings already help 24/7 minting and redemption. Tokens may also be traded by way of third-party exchanges, wallets, and protocols.
Tokenized Inventory Market Tops $3 Billion
The tokenized inventory market reached roughly $3.13 billion in distributed worth on September 24, 2026, up 14.65% over 30 days, in line with RWA.xyz. On-chain token switch quantity for the month reached $13.19 billion.
Ondo topped the supplier rankings with roughly $867.3 million in distributed worth. bStocks adopted with $742.4 million, whereas xStocks recorded $571 million.
RWA.xyz’s impartial figures are decrease than the over $1 billion TVL reported by Ondo. The 2 figures usually are not straight comparable as distributed worth and TVL are calculated utilizing totally different scopes. Ondo additionally said that the platform has processed over $26 billion in cumulative buying and selling quantity since launch, together with centralized change, decentralized change buying and selling, in addition to token minting and redemption actions.
Availability Stays Restricted by Jurisdiction
Ondo Shares usually are not accessible to “U.S. individuals”, people at the moment within the U.S., or customers in Canada. In sure markets such because the UK, Switzerland, and Singapore, merchandise are provided solely to skilled buyers or these assembly particular standards.
The tokens are issued by Ondo World Markets (BVI) Restricted and haven’t been registered below the U.S. Securities Act of 1933. Customers wishing to mint or redeem straight with Ondo should full KYC, anti-money laundering checks, and residency verification.
Tokens could also be transferred on-chain or bought by way of third-party platforms the place legally permitted. Nonetheless, holding tokens doesn’t mechanically qualify customers to redeem straight with Ondo.
The combination expands the distribution channel however doesn’t alter the regulatory limits relevant to the merchandise. NEAR and Ondo haven’t disclosed preliminary buying and selling quantity, person numbers, charges, or particular bid-ask spreads for Ondo Shares on close to.com on the time of launch.
