- Ondo, Clearstream, and 360X partner to bring tokenized securities into regulated market infrastructure
- Ondo tokenized stocks and ETFs are now live on 360X in the venue’s largest listing to date
- Clearstream will enable custody, settlement, and collateralization of tokenized assets within institutional workflows
- Partnership establishes a foundation for global distribution of tokenized securities, with future expansion into EU-listed assets
Ondo Finance, which powers the largest tokenized securities platform globally, Clearstream, one of the world’s leading post-trade infrastructure providers, and 360X, the regulated digital asset trading venue backed by Deutsche Börse Group, announced a strategic partnership. Together, they will connect traditional financial markets with onchain infrastructure built on public, permissionless blockchains.
Starting now, the firms will combine their strengths across the full lifecycle of tokenized securities, spanning trading, custody, settlement, and collateral management, forming a unified framework for tokenized assets within regulated financial infrastructure.
In the first phase, Ondo tokenized stocks and ETFs are now live on 360X, the regulated digital asset trading venue backed by Deutsche Börse Group. Broker-dealers and institutional investors across Europe can access and trade these assets within a market environment that meets the EU’s high regulatory standards. The assets are issued on public, permissionless blockchains, including Ethereum, Solana, and BNB Chain.
In the subsequent phase, Ondo tokenized assets will be integrated into custody, settlement, post-trade infrastructure and collateral pool of Deutsche Börse Group’s post-trade business Clearstream, enabling institutional investors to access these products similarly to existing workflows, alongside the added benefits of onchain assets. Ondo will in this process also introduce EU-listed instruments as part of Ondo Global Markets via custody of the underliers at Clearstream.
Equally, Clearstream will make assets it holds in custody in tokenized form available to Ondo for distribution to its existing vast network of clients globally (outside the U.S.).
As part of the first phase, the initial listing on 360X includes AAPLon, AMZNon, CRCLon, GOOGLon, METAon, MSFTon, NVDAon, TSLAon, SPYon, and QQQon, the largest tokenized securities bulk listing on 360X to date.
This launch follows Ondo Global Markets’ recent regulatory approval to offer tokenized stocks and ETFs across 30 European countries in the EU and EEA. The approval enables access for more than 500 million investors to regulated, onchain exposure to U.S. markets.
Together, Ondo, 360X, and Clearstream are advancing issuance, custody, trading and collateralization of tokenized assets across global financial markets.
Matthieu de Vergnes, MD, Global Head of Institutional at Ondo Finance, said: “By collaborating with Clearstream and 360X we’re excited to see Ondo Global Markets become part of the core infrastructure underpinning European institutional markets. Having Ondo tokenized assets custodied within Clearstream’s network means institutions can access the benefits of onchain securities through the same trusted infrastructure they already rely on. This is a major turning point for the adoption of tokenized securities within regulated markets and enables the largest institutions across Europe to enter the onchain economy”
Carlo Kölzer, CEO of 360X, said: “360X is designed to provide institutional clients with a regulated and reliable venue for digital asset trading. By listing Ondo’s tokenized stocks and ETFs, we are expanding the range of compliant tokenized instruments available to our participants within an established market framework.”
Jens Hachmeister, Head of Issuer Services & New Digital Markets at Clearstream, said: “Together with our partners, Clearstream is bridging traditional and digital assets to build a more efficient, future-proof market. By enabling seamless access to tokenized securities in a regulated environment, we are expanding the choices for investors and paving the way for a more integrated financial ecosystem.”
Source: Ondo
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