Back
Abu Dhabi Approves Ondo Finance’s Tokenized Stocks and ETFs on Binance

Abu Dhabi Approves Ondo Finance’s Tokenized Stocks and ETFs on Binance

The approval by the Abu Dhabi Global Market for Ondo Finance’s tokenized equities on Binance’s regulated platform marks a major step in the UAE’s blockchain adoption in traditional finance.

ONDO

Fact Check
Multiple primary listings and official pages hosted by Binance explicitly state that Binance Abu Dhabi Global Market (ADGM) entities are regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi, directly supporting the claim of regulatory approval. The listed pages for tokenized ETFs such as Vanguard, SPDR S&P 500, and iShares Silver Trust show these products being offered under Binance’s ADGM-licensed structure, implying that trading of such tokenized securities has received regulatory sign‑off in that jurisdiction. Further corroboration from a CoinDesk report provides context showing that both Binance and Ondo Finance were involved in launching tokenized ETFs and tokenized stocks under FSRA oversight, reinforcing the narrative of regulatory approval. Other secondary references are consistent and do not contradict these claims. No credible counter‑evidence was found suggesting that the approval did not occur. Given the convergence of official Binance disclosures, reputable crypto news coverage, and absence of contradictions, it is highly probable that Binance indeed received regulatory authorization in Abu Dhabi to trade tokenized stocks and ETFs.
Summary

The Abu Dhabi Global Market (ADGM) has granted approval for Ondo Finance's tokenized stocks and ETFs to be traded on Binance’s regulated platform. This is the first time ADGM has authorized tokenized securities, covering major U.S. equities like Amazon, Alphabet, and Tesla. Ondo Finance’s platform has processed over $11 billion in trading volume, aiming to offer fractional ownership and faster settlement to non-U.S. investors.

Terms & Concepts
  • Tokenized Stocks: Digital representations of traditional equities issued on a blockchain, allowing fractional ownership and faster settlement.
  • ETF (Exchange-Traded Fund): A pooled investment fund traded on exchanges that tracks underlying assets or indices.
  • Abu Dhabi Global Market (ADGM): A financial free zone in Abu Dhabi that regulates financial and fintech entities under its own legislative framework.