Binance Gets ADGM Green Light to Trade Ondo Tokenized Stocks on Regulated MTF Clickable image
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Binance Gets ADGM Green Light to Trade Ondo Tokenized Stocks on Regulated MTF



Binance has won a key regulatory green light in Abu Dhabi to list tokenized stocks from Ondo Finance — a move that gives the exchange a regulated venue to trade digital representations of major equities and ETFs.

What happened
– The Abu Dhabi Global Market’s Financial Services Regulatory Authority (ADGM FSRA) approved trading of Ondo Global Markets’ tokenized stocks and ETFs on Binance’s FSRA-regulated Multilateral Trading Facility (MTF), the firms said in a joint release.
– The initial lineup includes tokenized versions of Amazon, Alphabet, Apple, Circle, Meta, Microsoft, Nvidia, Tesla and the Invesco QQQ ETF. These products are available to non-U.S. users.

Why it matters
– This is the first time the ADGM has approved tokenized securities trading under its regulatory framework, allowing UAE-based financial institutions, intermediaries and counterparties to deal in tokenized equities. That represents a notable regulatory milestone for tokenized securities in the Middle East.
– For Binance, the approval restores a regulated pathway to offer tokenized equities nearly five years after it shut a similar product amid regulatory scrutiny in the U.K. and Germany. Binance had previously listed Ondo’s tokenized equities on its Alpha platform, which focuses on higher-risk, early-stage offerings.

How the products work
– Ondo structures these offerings as equity-linked notes that are tied to the underlying shares. Supporters say tokenized stocks can broaden access to equities, let assets move more easily across trading and lending platforms, and create bridges between traditional stock markets and decentralized finance.

Market context and traction
– Tokenized stocks have attracted interest from crypto exchanges (including Kraken), fintech brokerages (like Robinhood) and traditional market operators (Nasdaq, NYSE). Data from RWA.xyz shows the tokenized-stock market has surpassed $1 billion in total value.
– Ondo says it has processed more than $11 billion in cumulative trading volume and holds over $600 million in total value locked since launching its offering less than six months ago. Last year the firm also secured approval for a base securities prospectus in the European Union, enabling public distribution across the bloc.

Quote
– “Through offering Ondo tokenized stocks for trading on Binance, we are expanding access to hundreds of millions of investors,” Ian de Bode, president of Ondo Finance, said in a statement.

Bottom line
Regulatory approval from the ADGM gives Binance a vetted, jurisdictional platform to relaunch tokenized equity trading, while further validating Ondo’s model and accelerating the push to bring traditional equities onto blockchain rails — at least for investors outside the U.S.

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