Ondo Perps has added tokenized shares of Circle, SpaceX, and SanDisk to its list of eligible collateral, giving traders a way to post those assets directly against perpetual futures positions without first selling them into USDC. The newly supported instruments are Circle (CRCLon), SpaceX (SPCXon), and SanDisk (SNDKon). The setup allows users to keep their exposure to the underlying tokenized equities while using them in derivatives trading.
The move comes during a strong year for on-chain equities. As of August, tokenized stocks had reached an estimated $1.8 billion in market capitalization, accounting for roughly 15% of the tracked real-world asset market, according to the source material. That share was three times the level seen at the start of 2026. Ondo held the largest portion of that market on Aug. 17, at about $957 million.
Ondo said its tokenized stocks and ETFs are backed by the corresponding securities and cash. The underlying assets are held with U.S.-registered broker-dealers or national trust companies, with daily reviews conducted by an independent verification agent.
Ondo Perps has added tokenized shares of Circle, SpaceX, and SanDisk as eligible collateral for perpetual futures trading, according to Techub News. The newly added assets are Circle (CRCLon), SpaceX (SPCXon), and SanDisk (SNDKon).
Traders can use those holdings as collateral while keeping exposure to the assets, rather than selling them first for USDC.
Tokenized stocks have expanded this year
The addition comes in a year of strong performance for on-chain equities. As of August, tokenized stocks had reached about $1.8 billion in market capitalization, equal to roughly 15% of the tracked real-world asset market. That share was three times the level seen at the start of 2026.
Ondo held the largest share of that segment on Aug. 17, at about $957 million.
Ondo outlines backing and custody structure
Ondo said its tokenized stocks and ETFs are backed by the corresponding securities and cash. The underlying assets are custodied with U.S.-registered broker-dealers or national trust companies, and an independent verification agent reviews them each day.
The report was attributed to BeInCrypto.
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