NEAR Crypto Tokenized Stock Launch Puts Distribution Ahead of Scale

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NEAR and Ondo Finance have launched access to tokenized U.S. stocks and ETFs on near.com, with an initial selection of 20 assets including Nvidia, Tesla, Apple, Microsoft, Amazon, SPY and QQQ. Users fund their accounts with stablecoins or other supported crypto from over 30 networks, while NEAR Intents serves as a cross-chain distribution layer capable of routing these tokenized securities to wallets, applications and DeFi protocols. The 20-asset catalog represents a starting point set to expand, not a ceiling, in a strategy that prioritizes distribution over asset breadth. Purchases are executed through USDon, a stablecoin backed 1:1 by U.S. dollars held in an Ondo Stocks brokerage account, and these products are not available to U.S. persons or residents of certain prohibited jurisdictions.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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