SPYon

KuCoin
2026-08-11 06:36:43

KuCoin Alpha Adds Ondo Tokenized Stocks, Starting With SPYon and NVDAon

Traders on KuCoin can now buy and sell tokenized stocks and ETFs through KuCoin Alpha, the exchange's trading interface, after the platform integrated Ondo's tokenized assets. Users can execute trades directly without setting up an external wallet or opening a separate on-chain application. The first batch of supported products includes SPYon, NVDAon and MUon, tokenized instruments tracking technology, semiconductor and digital finance sectors. The move complements the Ondo tokenized stocks that KuCoin's Web3 wallet already carried, giving users two ways to access the same assets: Alpha offers the exchange application experience, while the wallet version emphasizes self-custody. KuCoin described the integration as part of its strategy to link traditional finance with the on-chain economy, saying the aim is to lower the barrier to entry for on-chain financial products by giving users a familiar interface rather than forcing them to navigate blockchain tools. The announcement was distributed by Chainwire.

1700
KuCoin Alpha Adds Ondo Tokenized Stocks, Starting With SPYon and NVDAon
RWA
2026-07-24 05:47:09

RWA Weekly: South Korea Speeds Stablecoin Rules as HKDAP May Launch This Month

Real-world asset markets expanded again in the latest weekly review, with on-chain RWA capitalization rising to $36.82 billion as of July 24, 2026, according to RWA.xyz, while the number of holders climbed to 1.2541 million after a monthly net increase of more than 300,000. Stablecoins showed a more mixed picture: total market capitalization edged up to $298.75 billion, but monthly transfer volume fell 24.95% to $5.19 trillion, even as total holders increased to 276 million. On the policy front, the U.K. is preparing for a first blockchain-based gilt issuance in 2027, though progress still hinges on compliant GBP stablecoin infrastructure. South Korea, meanwhile, published a won internationalization roadmap, advanced second-stage digital asset legislation tied to stablecoins, and expanded CBDC-related payment infrastructure into private-sector use cases. At the company and product level, HSBC joined the U.K.’s Digital Securities Sandbox, BNY Mellon outlined plans for round-the-clock U.S. Treasury settlement by 2027, Mubadala Capital partnered with Coinbase on a tokenized private equity fund, and Ondo said its regulated broker-dealer subsidiary Oasis Pro Markets had received authorization to offer tokenized securities services in the U.S. In Hong Kong, local media reported that Anchorpoint, backed by Standard Chartered (Hong Kong), could announce its HKD-pegged stablecoin HKDAP as early as the end of this month.

700
RWA Weekly: South Korea Speeds Stablecoin Rules as HKDAP May Launch This Month
Ondo Perps
2026-07-21 13:49:29

Ondo Perps adds tokenized stock collateral, starting with SPYon and QQQon

Ondo Perps has launched support for tokenized stocks as collateral for perpetual futures positions, letting users post Ondo Stocks assets without first converting them into stablecoins or selling existing holdings. The initial rollout covers tokenized S&P 500 ETF exposure through SPYon and tokenized Nasdaq 100 ETF exposure through QQQon. According to Ondo, the feature is designed to turn tokenized equities into productive capital inside derivatives markets rather than leaving them idle on balance sheets. Ondo Perps said cumulative trading volume on the platform has already exceeded $3.8 billion. The company said trader demand has centered on several needs: hedging stock exposure on a single venue, deeper liquidity for equity perpetuals, tighter spreads, lower slippage, execution speeds closer to centralized exchanges, 24/7 market access, and leverage of up to 20x. Ondo described the new collateral model as part of its broader “productive capital” strategy and said it aims to improve capital efficiency for tokenized equities while pushing onchain stock perpetual markets closer to the liquidity and efficiency seen in traditional derivatives. The company added that perpetual trading is only one part of a wider plan to build onchain prime brokerage infrastructure spanning trading, financing, and margin management for tokenized assets.

1220
Ondo Perps adds tokenized stock collateral, starting with SPYon and QQQon
Ondo Finance
2026-07-16 09:54:59

Ondo launches DTC-backed tokenized stocks as ONDO jumps 17% in 24 hours

Ondo Finance introduced two tokenized equity products on July 15 that it says are backed by tokenized entitlements held within the Depository Trust Company, or DTC, system. The first pair, CRCLon and SPYon, track Circle stock and the SPDR S&P 500 ETF, respectively. According to the source report, the products were connected to DTC’s participant network through Alpaca Markets, giving Ondo access to infrastructure tied to the core custody layer of U.S. securities markets. The report says this structure differs from many earlier on-chain stock offerings, which typically relied on brokers or other third parties to hold shares off-chain and then issue corresponding tokens. Ondo described the new instruments as “digital twins,” with each token fully backed by the related security entitlement. The market reacted quickly. ONDO rose about 17% within 24 hours and touched $0.37 after the announcement. On the same day, DTCC said it had completed tokenized transactions involving more than 30 institutions. Those trades covered Russell 1000 stocks, U.S. Treasuries, and ETFs tracking the S&P 500 and Nasdaq 100. DTCC said its full tokenization service is expected to launch in October 2026.

1300
Ondo launches DTC-backed tokenized stocks as ONDO jumps 17% in 24 hours