Ondo Launches Tokenized Stocks and ETFs on 360X for EU and EEA Institutions
The rollout gives institutional investors in the European Union and European Economic Area access to Clearstream custody and settlement for tokenized securities.
ONDO
Summary
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Terms & Concepts
Tokenized stocks: Traditional equities represented on blockchain-based infrastructure, enabling digital issuance, transfer, or settlement.
ETF: An exchange-traded fund that tracks a basket of assets and trades on public exchanges.
Custody and settlement: Custody refers to safeguarding assets, while settlement is the final transfer of ownership after a trade.