Ondo Finance just turned your cold storage wallet into something resembling a brokerage account. The protocol’s Ondo Global Markets platform now supports native swaps for over 260 tokenized US stocks and ETFs directly within Ledger hardware wallets, a significant expansion from the roughly 100 assets available when the Ledger partnership first launched in September 2025.
Each tokenized asset is an ERC-20 token backed 1:1 by the underlying security, held by US broker-dealers along with cash in transit. If you’re holding Teslaon or NVDAon in your Ledger, there’s a real share of Tesla or Nvidia sitting in a custodial account somewhere.
How the swaps actually work
The integration uses 1inch Fusion for routing, which means the protocol finds optimal swap paths across liquidity sources. Users can trade tokenized versions of individual stocks and ETFs, including assets like SPYon, QQQon, and McDon, without ever leaving their Ledger wallet interface.
The platform operates across multiple chains, including Ethereum, Solana, and BNB Chain. Custodial infrastructure comes from partners like BitGo and Ledger themselves.
