Ondo Expands 35 Tokenized Stocks, ETFs to Hyperliquid, Adding SPY and Tesla Trading
Summary
- Ondo Finance said it is expanding tokenized stocks and ETFs to Hyperliquid's HyperEVM, enabling cross-chain transfers.
- Users on Hyperliquid can combine tokenized spot stocks and perpetual futures to execute basis trades, funding-rate arbitrage and delta-neutral strategies.
- Ondo Global Markets has grown into the world's largest tokenized securities platform, with more than $970 million in total value locked (TVL) and about $18 billion in cumulative trading volume.
Forecast Trend Report by Period
Ondo Finance has expanded tokenized stocks and exchange-traded funds to the Hyperliquid ecosystem.
Crypto media outlet BlockBeats reported on May 11 that Ondo will use its LayerZero-based Ondo Bridge to connect tokenized stocks and ETFs issued on BNB Chain and Ethereum to Hyperliquid's HyperEVM.
The lineup currently supports cross-chain transfers for 35 tokenized assets, including SPYon, QQQon, NVDAon, TSLAon, GOOGLon, CRCLon, NFLXon and BABAon.
On Hyperliquid, users can pair tokenized spot stocks with perpetual futures to run strategies including basis trades, funding-rate arbitrage and delta-neutral positions.
Ondo said its tokenized stocks are not structured to depend on fragmented on-chain liquidity. Instead, they are designed around the underlying liquidity of traditional markets including the New York Stock Exchange and Nasdaq.
Ondo Global Markets, launched in September 2025, has grown into the world's largest tokenized securities platform, the company said. It has more than $970 million in total value locked and about $18 billion in cumulative trading volume.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
