Stock markets close. Ondo Finance just decided that particular tradition needed an update.
The protocol’s Ondo Global Markets platform now supports 24/7 instant minting and redemption of tokenized US stocks and ETFs. That means qualified non-US investors can buy and sell tokenized versions of major equities at any hour, on any day, weekends and holidays included. The feature went live on June 25.
What’s actually happening here
The platform covers over 200 tokenized stocks and ETFs, including tokens tracking the S&P 500 (SPYon), the Nasdaq-100 (QQQon), and Tesla (TSLAon). The minimum investment sits at just $1, and Ondo charges zero fees for minting or redemption.
A non-US investor in Tokyo or Dubai can now mint a $1 token representing a fraction of a US ETF at 3 AM on a Sunday morning without paying a cent in platform fees.
