Singapore-based digital securities exchange 1exchange said on Oct. 8 that it is exploring a potential listing for Ondo Stocks, the tokenized stock product under Ondo Finance, for qualified investors in Asia. The exchange operates under the supervision of the Monetary Authority of Singapore and focuses on tokenized securities trading.
1exchange said the potential listing remains at an exploratory stage, and whether it goes live will depend on due diligence, listing requirements, and other relevant conditions. The company also added a specific disclaimer: mentioning Ondo Finance does not mean Ondo Finance has endorsed, approved, cooperated on, or participated in the matter.
Ondo Finance had previously said that institutional investors can convert the relevant stocks into tokenized shares. If the listing is completed, it could expand trading access for tokenized U.S. equities and other real-world assets among qualified investors in Asia.
Singapore digital securities exchange 1exchange said on Oct. 8 that it is exploring a possible listing for Ondo Stocks, the tokenized stock product under Ondo Finance, aimed at qualified investors in Asia.
1exchange is regulated by the Monetary Authority of Singapore (MAS) and focuses on trading in tokenized securities. The exchange said the proposed listing is still under exploration, and any final launch will depend on due diligence, listing requirements, and other relevant conditions.
1exchange also said that any reference to Ondo Finance should not be taken as meaning Ondo Finance has endorsed, approved, cooperated in, or participated in the matter.
Ondo Finance had previously said that institutional investors can convert the relevant stocks into tokenized shares. If the listing is completed, it could widen trading access in Asia for tokenized U.S. stocks and other real-world assets among qualified investors.
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