Ondo Forms Alliance With Major Crypto Firms to Tokenize Securities

Ondo Finance announced Tuesday the formation of the Global Markets Alliance, bringing together major cryptocurrency wallets, exchanges, and custodians to standardize tokenized securities and expand access to U.S. capital markets for international users.

The alliance includes the Solana Foundation, Fireblocks, Jupiter, Trust Wallet, Bitget Wallet, BitGo, 1inch, Cowswap, and Alpaca Markets. The consortium aims to establish industry standards for tokenized real-world assets while preparing for Ondo's upcoming Global Markets platform launch, Ondo said in an statement .

The tokenization platform will allow applications and wallets to offer direct exposure to U.S. publicly traded securities, including stocks, ETFs, and mutual funds, to users outside the United States. The initiative represents what the company describes as "the largest expansion of access to tokenized securities in history."

"Access to U.S. capital markets has historically been gated and inefficient and standardization is essential to unlock the full potential of tokenized securities," said Nathan Allman, CEO of Ondo Finance. "With Ondo Finance's blockchain‑native infrastructure, wallets, exchanges, and other partners will be able to seamlessly offer both crypto and traditional financial products side by side."

The alliance will focus on establishing shared technical and compliance standards for tokenized securities, facilitating interoperability across different platforms, and enhancing accessibility for global investors interested in tokenized real-world assets.

Each partner will contribute specific capabilities to the ecosystem. Bitget Wallet and Trust Wallet plan to integrate Ondo's tokenized asset standards to support secure self-custody and simplified onchain access. Trading platforms 1Inch and CowSwap will provide liquidity access for investors, while BitGo will offer institutional-grade custody solutions with off-exchange settlement capabilities.

Alpaca Markets will contribute brokerage infrastructure and margin capabilities specifically designed for tokenized securities trading.

The collaboration comes as the tokenized securities market continues to grow, with traditional financial institutions increasingly exploring blockchain-based asset representation. The alliance's emphasis on interoperability addresses one of the key challenges in the tokenized asset space, where different platforms often operate in isolation.

"We're thrilled to collaborate with leading platforms to ensure a seamless, secure, and interoperable experience for investors globally," Allman said.