Caroline Bishop
Jan 22, 2026 00:16
Ondo World 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 World 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 reside 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. buyers can now entry these tokenized securities by 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 threat 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 routinely reinvested web of tax withholdings. So if you happen to maintain AAPLon and Apple pays a dividend, you will see extra AAPLon tokens in your pockets fairly 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 seems deliberate. Solana hosts 3.2 million day by day energetic customers, based on current information, and SOL has been exhibiting power—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 Larger Image
Ondo already operates as the biggest tokenized inventory and ETF platform by complete 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 permits. Wish to use your NVDA tokens as collateral? That is the eventual play.
The launch additionally indicators the place institutional RWA tokenization is heading. Reasonably than beginning with unique belongings, Ondo went straight for the securities that really commerce—SPY, QQQ, the mega-cap tech shares everybody already needs. Integration throughout Solana wallets, exchanges, and DeFi protocols will decide whether or not this turns into infrastructure or stays a novelty.
Picture supply: Shutterstock
