News
Public · Published
Ondo launches true 24/7 minting and redemption for tokenized stocks
Ondo has launched around-the-clock minting and redemption for tokenized stocks, which are digital representations of shares. This removes a weekend trading gap that previously caused traders on other platforms to pay up to 46 times higher costs. The new service operates 24/7 without interruption.
Published:
Updated:
What happened
Ondo has launched around-the-clock minting and redemption for tokenized stocks, which are digital representations of shares. This removes a weekend trading gap that previously caused traders on other platforms to pay up to 46 times higher costs. The new service operates 24/7 without interruption.
Confirmed
Global impact / market context
Investors in tokenized stocks can now trade on weekends without facing extreme price spikes or delays. This may reduce the extra costs seen elsewhere, making such assets more accessible. However, wider adoption depends on whether other platforms follow Ondo's lead and how regulators respond.
Analyst inference
Tokenized stocks are part of a growing trend to put traditional shares on blockchain. By offering continuous trading, Ondo could attract users who need flexibility outside regular market hours. This may pressure competitors to improve their systems, potentially benefiting all investors with lower fees.
Analyst inference
What to watch
- Ondo's new 24/7 service is now active, meaning investors can buy or sell tokenized stocks at any time, including weekends. This directly addresses the costly gap mentioned in the news, so watch for its initial usage. Confirmed
- Investors should monitor how often Ondo's platform is used during weekend hours. If demand is high, it may signal that continuous trading is valuable, possibly prompting other platforms to offer similar features. Proposed
- Regulators might scrutinize around-the-clock trading for tokenized stocks to ensure fair pricing. This could lead to new rules that affect all platforms, so watch for any official statements or guidelines from authorities. Analyst inference
Affected assets
- ONDO — Ondo