Ondo Finance Tokenized Stocks Win Abu Dhabi Nod on Binance

What to Know

9 tokenized equities including Amazon, Apple, Nvidia, and Tesla are now cleared for trading on Binance's ADGM-regulated platform
$11 billion in cumulative trading volume and $600 million in TVL processed by Ondo Finance in under six months
The $1 billion tokenized stocks market continues to expand as Kraken, Robinhood, Nasdaq, and NYSE pursue similar offerings
Binance returns to tokenized equities nearly five years after shuttering its prior service under U.K. and German regulatory pressure

Ondo Finance tokenized stocks secured a landmark regulatory greenlight on Tuesday after the Abu Dhabi Global Market's Financial Services Regulatory Authority cleared the firm's tokenized equities and ETFs for trading on Binance's FSRA-regulated Multilateral Trading Facility. The listing covers nine products -- tokenized versions of Amazon, Alphabet, Apple, Circle, Meta, Microsoft, Nvidia, Tesla, and the Invesco QQQ ETF -- available to non-U.S. investors.

First Tokenized Securities Approval Under ADGM Framework

This marks the first time the Abu Dhabi Global Market has approved tokenized securities trading under its regulatory framework, according to a press release. UAE-based financial institutions, intermediaries, and counterparties can now deal in token-based equities through Binance's regulated venue, Ondo said.

"Through offering Ondo tokenized stocks for trading on Binance, we are expanding access to hundreds of millions of investors," Ian de Bode, president of Ondo Finance, said in a statement. The approval arrives nearly five years after Binance shut down a similar service following scrutiny from U.K. and German regulators.

Through offering Ondo tokenized stocks for trading on Binance, we are expanding access to hundreds of millions of investors.
— Ian de Bode, President of Ondo Finance

What Makes Ondo's Tokenized Equities Different?

Ondo structures its products as equity-linked notes tied to underlying shares, allowing them to function on blockchain rails while staying connected to traditional securities. The firm has processed more than $11 billion in cumulative trading volume with over $600 million in total value locked since launching less than six months ago, according to company data.

Last year, Ondo Finance obtained approval for its base securities prospectus in the European Union, enabling public distribution across EU member states. That regulatory milestone laid the groundwork for the ADGM clearance. Binance had previously listed Ondo's tokenized equities on its Alpha platform, which is dedicated to riskier, early-stage projects.

Growing Competition in Tokenized Equities

The tokenized stocks market has surpassed $1 billion in total value, according to RWA.xyz data. Crypto exchanges like Kraken, brokerages such as Robinhood, and traditional operators including Nasdaq and the New York Stock Exchange have all signaled interest in similar products.

Supporters argue that placing equities on blockchain infrastructure broadens investor access and lets assets move across trading and lending platforms more easily, bridging stock markets with decentralized finance.

What This Means Going Forward

The ADGM approval signals that regulated Middle Eastern jurisdictions are moving to accommodate tokenized real-world assets. Binance's regulated venue could serve as a model for similar listings across other FSRA-approved platforms in the UAE and broader Gulf region.

With Ondo now operating under approved frameworks in both the European Union and Abu Dhabi, the firm holds one of the broadest regulatory footprints among tokenized securities issuers globally.