On March 3, Ondo Finance announced that digital securities from its Ondo Global Markets platform have been admitted for trading under the Abu Dhabi Global Market (ADGM) framework. The products are now listed on the Multilateral Trading Facility (MTF) operated by Binance and regulated by the Financial Services Regulatory Authority of ADGM. Ondo’s digital securities are the first to be admitted within that structure.
Eligible users in supported jurisdictions, excluding the United States, can access tokens representing major U.S. equities and ETFs: Amazon, Alphabet, Apple, Circle, Meta, Microsoft, NVIDIA, Tesla, SPDR S&P 500 ETF Trust, and Invesco QQQ.
Binance Returns to Tokenized Stocks
This development marks Binance’s return to tokenized stock products after suspending similar services in 2021. The exchange now allows trading of 10 Ondo digital securities, structured as equity-linked notes designed to operate within existing securities frameworks. The ADGM approval validates this model under a recognized regulatory regime in the Middle East.
Ondo had previously secured approval in Europe. In November 2025, regulators in Liechtenstein authorized its base securities prospectus, enabling passported access across the EU and EEA. With both Europe and Abu Dhabi now covered, Ondo is expanding into established financial centers rather than operating in legal gray areas.
Since its launch, Ondo Global Markets has recorded over $11 billion in cumulative trading volume and grown to over $600 million in total value locked, according to the company.
Next Up: Perpetual Futures and Derivatives
Beyond spot equities, Ondo has hinted at launching Ondo Perps, a platform for perpetual futures tied to U.S. stocks, ETFs, and commodities, expected to offer up to 20x leverage outside the U.S. This signals a move into derivatives tied to tokenized assets.
The approval comes amid accelerating tokenization efforts by banks, fintech firms, and crypto platforms. By securing both EU and ADGM approvals, Ondo positions itself as a compliant gateway for on-chain access to traditional financial assets.