The rollout in collaboration with Ondo Finance broadens access to tokenized traditional assets as demand for onchain stocks and ETFs continues to grow.
Crypto platform Blockchain.com has added 173 tokenized stocks and exchange-traded funds through a partnership with Ondo Finance, bringing its catalog of tokenized traditional assets to more than 430 offerings across Ethereum, Solana and BNB Chain.
According to an announcement on Wednesday, the new listings include tokenized exposure to private company shares, active exchange-traded funds, Treasury products and covered-call strategies, with Blockchain.com highlighting SpaceX's SPCX token among the additions.
The expansion also adds themed baskets tied to AI infrastructure, energy, robotics, autonomous vehicles and quantum computing, alongside income-focused products from Global X and other issuers.
A recent proposal by the US Securities and Exchange Commission to scrap two rules in its national market system regulations has been described by Galaxy head of research Alex Thorn as “one of the biggest unlocks yet for tokenized stocks” as it would remove “one of the biggest structural barriers to tokenized US equities trading in DeFi.”
Blockchain.com said the assets are available immediately through Ondo's routing and liquidity infrastructure, which supports trading across all 173 new listings at launch.
Ondo is one of the largest tokenization platforms by asset value, with roughly $3.8 billion in distributed assets across 267 tokenized products, according to RWA.xyz data.
The launch comes a week after Blockchain.com introduced a SpaceX-linked perpetual contract for institutional clients, expanding its push into tokenized and traditional financial markets.
Related: Tokenization could push DeFi assets to $2.7T by 2030: Standard Chartered
The tokenized equities market has grown rapidly this year. RWA.xyz data shows tokenized equities hold roughly $1.57 billion in distributed value, up nearly fivefold from about $330 million a year ago.
The market includes tokenized shares of public companies, exchange-traded funds (ETFs) and private firms. Among the largest tokenized equity assets by value are Strategy, Circle, Nvidia and Exodus shares.
Competition has been intensifing as crypto exchanges and wallet providers race to offer onchain access to traditional financial assets. Earlier this month, Exodus launched a marketplace for more than 200 tokenized stocks, ETFs and other real-world assets through a separate partnership with Ondo Finance.
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