In a significant move for the crypto industry, Ondo Finance has announced the formation of the Global Markets Alliance, aiming to create a standardized framework for tokenized securities. This initiative represents a transformative step towards making real-world assets more accessible and interoperable across various platforms.
On June 17, 2025, Ondo Finance (ONDO) unveiled the new coalition, which includes key players such as the Solana (SOL) Foundation, Fireblocks, BitGo, Trust Wallet, and others. This diverse group will focus on developing both technical and compliance standards for tokenized public securities, including stocks and exchange-traded funds (ETFs).
Nathan Allman, the CEO of Ondo, expressed that this initiative addresses long-standing inefficiencies in the global capital markets, paving the way for broader financial inclusion. Allman stated, “Access to U.S. capital markets has historically been gated and inefficient. Standardization is essential to unlock the full potential of tokenized securities.” He emphasized that the alliance aims to enhance global accessibility, liquidity, and investor protections.
In line with these goals, the newly established Ondo Global Markets platform will enable applications and wallets to provide direct access to U.S. securities for users outside the United States. This cross-border access will bridge the gap for crypto users, ensuring they can tap into real-world opportunities with merely a smartphone.
As part of this alliance, various members bring unique capabilities to the table. For instance, Fireblocks and BitGo are poised to deliver secure, institutional-grade custody and settlement infrastructure, while wallets like Trust Wallet and Bitget Wallet will integrate tokenized asset standards to facilitate on-chain access and self-custody for retail users. Alpaca is contributing brokerage infrastructure specifically tailored for tokenized products, and aggregators like Jupiter and 1inch will focus on enhancing liquidity access.
This coalition comes on the heels of several significant milestones for Ondo Finance. Recently, the platform successfully brought its tokenized U.S. Treasuries to the XRP Ledger, completed a cross-chain settlement utilizing JPMorgan’s Kinexys and Chainlink, and even launched instant conversions between its OUSG fund and PayPal’s PYUSD stablecoin.
The establishment of the Global Markets Alliance signals a promising future where tokenized securities can evolve from isolated experiments into an integrated component of the global financial infrastructure.
