Ondo Finance Launches First 24/7 Minting for Tokenized Stocks and ETFs on Ethereum

On June 25, Ondo Finance did something that no tokenized securities platform has done before: it launched 24/7 instant minting and redemption for tokenized U.S. stocks and ETFs. The feature is now live on Ethereum and BNB Chain, with Solana integration on the near-term roadmap. For the first time, eligible investors can create or redeem tokenized shares of companies like Nvidia, Tesla, and Google at any hour of the day — including weekends and U.S. public holidays.

The announcement, confirmed by Ondo's official blog and a widely shared post on X, marks a turning point for how traditional financial assets interact with blockchain infrastructure. While tokenized stocks have been transferable on-chain around the clock for years, the actual minting and redemption of those tokens remained shackled to U.S. equity market hours — until now.

Beyond 24/5: What Changed

Before this upgrade, Ondo Global Markets operated on a 24/5 schedule. That meant users could transfer their tokenized stocks freely, but creating new tokens from fiat deposits or redeeming them back to stablecoins was only possible during U.S. trading hours, Monday through Friday. For anyone who has watched a major market-moving event unfold on a Saturday — and been unable to act — the limitation was more than an inconvenience.

With the new system, qualified purchasers can mint or redeem supported tokenized securities "around the clock at the current prevailing price," as Ondo put it in its announcement. The underlying mechanism uses Ondo's native USDon stablecoin, which maintains a 1:1 peg with USDC, and a built-in stablecoin swapper that atomically converts between USDC and USDon during mints and redemptions. The whole process happens on-chain, settled by Ethereum and BNB Chain validators rather than legacy clearinghouses.

This is not just a UI improvement — it is a structural change. The gap between traditional market infrastructure and blockchain-based capital markets just got meaningfully narrower.

What Investors Can Access Today

The initial rollout covers six of Ondo's most actively traded tokenized securities: SPYon (tracking the S&P 500 ETF), QQQon (Nasdaq-100 ETF), CRCLon (Circle stock), NVDAon (Nvidia), TSLAon (Tesla), and GOOGLon (Alphabet/Google). These six assets represent some of the most liquid and widely held securities in the world, and they are now available for 24/7 minting and redemption on Ethereum and BNB Chain.

Ondo has said additional stocks and ETFs will be added over time. The platform already offers more than 430 tokenized stocks and ETFs across Ethereum, Solana, and BNB Chain, and it recently surpassed $1 billion in total value locked (TVL) — making it the first tokenized stock platform to cross that threshold. It also partnered with Mirae Asset to tokenize products from the Global X ETF lineup earlier this year.

The demand signal is clear. Investors — both crypto-native and traditional — are looking for ways to access familiar assets through infrastructure that does not clock out at 4 PM Eastern.

Why This Matters for DeFi

Tokenized stocks on Ondo are more than tradable tokens. They function as composable DeFi primitives. Ondo's tokenized securities can already be used as collateral across major DeFi protocols including Morpho, Euler, and Ondo's own perpetuals platform. That means a user holding tokenized Nvidia shares can borrow stablecoins against them in a lending market, or use them to margin-trade on a decentralized perpetuals exchange — all without ever touching a centralized intermediary.

Moving to 24/7 minting and redemption supercharges this composability. If you can enter and exit positions at any time, the tokens become more useful as collateral because the risk of being trapped in a position during off-hours essentially disappears. This is the kind of liquidity improvement that attracts institutional capital — the same capital that currently sits idle overnight and on weekends in the traditional financial system.

Ethereum, as the primary settlement layer for Ondo's tokenized securities, stands to benefit directly. Every mint and redemption is an on-chain transaction. More activity means more demand for blockspace, higher fee revenue for validators, and deeper integration between traditional finance and decentralized infrastructure.

The Bigger Picture: Tokenized RWAs Are Moving Past the Experiment Phase

Ondo's 24/7 launch is not an isolated event — it is the latest milestone in a broader real-world asset (RWA) tokenization wave that has been building throughout 2026. Invesco, the $2.5 trillion asset manager, recently filed to launch a tokenized fund targeting the stablecoin reserve market. J.P. Morgan's Kinexys platform completed cross-border, cross-bank redemptions of tokenized U.S. Treasuries with Ondo, Mastercard, and Ripple earlier this year. The GENIUS Act, signed into law in the U.S., created a federal framework for payment stablecoins.

The direction of travel is unmistakable: traditional financial products are moving on-chain, and the infrastructure is maturing fast enough to support them. For developers building Web3 applications, this means the addressable market is expanding well beyond crypto-native use cases. The same smart contract tooling that powers DeFi protocols can now be applied to tokenized equities, bonds, ETFs, and eventually a much broader range of real-world assets.

If you are building onchain financial products, having access to reliable, well-audited smart contract infrastructure is what separates a prototype from a production-grade platform. thirdweb offers developer plans that scale from your first deploy to handling millions of onchain transactions — giving you the tools to focus on what makes your product unique rather than re-solving the same infrastructure problems everyone else has already solved.

What Comes Next

Ondo has confirmed that Solana support for 24/7 minting is coming soon, which would bring the feature to the third major blockchain in its ecosystem. The company also said it will continue expanding the list of supported assets, with additional tokenized stocks and ETFs expected in the coming weeks.

Beyond Ondo, the competitive landscape is heating up. As more asset managers tokenize their products and more blockchains support the throughput needed for institutional-scale settlement, the question for the industry shifts from "can we tokenize this?" to "can we make it better than the legacy version?" Twenty-four-seven access, instant settlement, and DeFi-native composability are features that traditional exchanges cannot match — and they are becoming table stakes for the next generation of capital markets infrastructure.

June 25, 2026, may not be remembered as the day tokenized stocks were invented — they have been around for years. But it could well be remembered as the day they stopped pretending to be bound by the rules of the old financial system.