ONDO token jumps after Ondo Finance launches DTCC-backed tokenized st…

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. 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.