Ondo brings 15 tokenized stocks to Robinhood Chain with Uniswap liquidity pools

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Ondo Finance has launched 15 tokenized stocks and exchange-traded funds on Robinhood Chain, including assets tracking Nvidia, Apple, Tesla, SpaceX, Meta and Alphabet. Eleven of these assets feature Uniswap v4 StablePair liquidity pools that enable their Ondo tokens to be swapped for corresponding Robinhood Stock Tokens, with the aim of reducing weekend price gaps while traditional markets are closed. The four other launches cover Robinhood, BitMine Immersion Technologies, the iShares China Large-Cap ETF tracker and the United States Copper Index Fund, without dedicated pools or matching Robinhood assets. The 11 paired assets support token minting and redemption around the clock on Ethereum and BNB Chain, creating opportunities for arbitrage between the two platforms. According to Ondo, its tokenized equities business has reached approximately $1.3 billion in total value locked and more than 450,000 cumulative holders.

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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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