Wire · technology
ONDO token jumps after Ondo Finance launches DTCC-backed tokenized stocks
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Fusion42 · 16 July 2026 · Fusion42 review
Ondo Finance launched tokenized stocks backed by the DTCC's settlement infrastructure, directly linking blockchain representations to securities held at the Depository Trust Company. The move enables on-chain trading of real equities (Circle stock and SPY ETF) with native CUSIP and ticker identifiers.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Wall Street's settlement plumbing is now tokenizable. If you're building clearing, custody, or trading infrastructure for traditional assets, your customer just went on-chain—and DTCC is the gateway, not the gatekeeper.
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1 source · 16 Jul 2026
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