Ondo Finance introduced 24/7 instant minting and redemption services for selected U.S. tokenized stocks and exchange-traded funds (ETFs) on June 26, 2026, expanding access to these digital assets beyond traditional market hours. The feature is now available on the Ethereum and BNB Chain networks, with Solana support expected in the near future. The update allows eligible users to mint or redeem supported tokenized securities at prevailing market prices at any time, including weekends and U.S. public holidays. Initial assets supported include SPYon, QQQon, CRCLon, NVDAon, TSLAon, and GOOGLon, with additional tokenized stocks and ETFs planned for future inclusion. The launch addresses demand for continuous access to traditional financial instruments through blockchain infrastructure, removing the previous restriction that tied minting and redemption to weekday market hours.
Ondo Finance Enables Continuous Minting and Redemption for Six Tokenized Assets
The newly introduced functionality enables continuous minting and redemption throughout the week for six tokenized securities: SPYon, QQQon, CRCLon, NVDAon, TSLAon, and GOOGLon. The service is now live on the Ethereum and BNB Chain networks. According to the company, the launch represents the first instance in which tokenized stocks and ETFs can be minted and redeemed around the clock. Previously, the creation and redemption of these assets had been restricted to a 24-hour schedule during weekdays, with services suspended over weekends in line with conventional market operations.
Ondo Global Markets had already enabled uninterrupted transfers of tokenized stocks and ETFs, allowing users to hold, transfer, and integrate these assets across compatible wallets, exchanges, custodians, and decentralized finance protocols regardless of whether U.S. equity markets are open. However, direct issuance and redemption had generally remained tied to the operating hours of traditional financial markets. The new service removes those limitations.
Service Removes Weekday-Only Restriction on Asset Issuance and Redemption
The full lifecycle of supported tokenized securities, from issuance to redemption, is now available without interruption. While several platforms already support continuous secondary-market trading through decentralized exchanges and off-chain central limit order books, direct issuance and redemption have generally remained tied to the operating hours of traditional financial markets. Extending minting and redemption services to a 24/7 schedule is intended to provide greater flexibility for market participants, allowing positions to be opened or closed outside standard U.S. trading hours while improving liquidity during weekends and public holidays.
Platform Surpasses $1 Billion in Total Value Locked Across Three Blockchain Networks
Ondo Global Markets currently offers more than 430 tokenized stocks and ETFs across the Solana, Ethereum, and BNB Chain ecosystems. The platform states that it was the first in the tokenized stock sector to surpass $1 billion in total value locked, exceeding the combined value locked across competing platforms. Its infrastructure also supports continuous on-chain trading and enables tokenized securities to be used as collateral within decentralized finance applications, including Ondo Perps, Morpho, and Euler. The addition of continuous minting and redemption is designed to further expand the functionality and accessibility of tokenized equities within blockchain-based financial markets.
FAQ
What did Ondo Finance launch on June 26, 2026?
Ondo Finance introduced 24/7 instant minting and redemption services for selected U.S. tokenized stocks and ETFs, expanding access beyond traditional market hours. The feature is now available on Ethereum and BNB Chain networks.
Which tokenized assets are supported by the new 24/7 service?
The initial assets supported under the new service include SPYon, QQQon, CRCLon, NVDAon, TSLAon, and GOOGLon. Additional tokenized stocks and ETFs are planned for future inclusion.
How does Ondo Global Markets compare to other platforms in the tokenized stock sector?
Ondo Global Markets offers more than 430 tokenized stocks and ETFs across Solana, Ethereum, and BNB Chain. The platform states it was the first in the tokenized stock sector to surpass $1 billion in total value locked, exceeding the combined value locked across competing platforms.
