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RWA Crypto

NEAR Integrates Ondo Finance’s Tokenized US Stocks and ETFs

NEAR began offering Ondo Finance’s tokenized U.S. stocks and exchange-traded funds on Tuesday, allowing users to buy them with crypto held across more than 30 networks. The two companies said the trades are not broadcast publicly, providing confidential execution. The tokens are not available to U.S. persons or in Canada.

Original source

AI take

The notable part is distribution, not the assets: wrapping U.S. equities for onchain access via 30-plus networks turns NEAR into a venue for tokenized traditional finance rather than a purely native crypto chain. Confidential execution is the differentiator worth watching, since public blockchains have struggled to reconcile transparency with the privacy institutional equity flow typically expects. The exclusion of U.S. persons and Canada also signals that the regulatory perimeter around tokenized securities remains unresolved, so whether this model scales beyond offshore users is the open question.

Generated by AI for reference only.

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