Self-custody wallet provider Exodus expanded into tokenized equities through a new partnership with Ondo Finance, launching Exodus Markets. This platform allows eligible users to buy and sell more than 200 tokenized stocks, exchange-traded funds (ETFs), and other real-world assets directly on the Solana blockchain.
According to the official release, the service, announced on Friday, is available through the latest version of the Exodus wallet in supported jurisdictions and marks the company’s latest push beyond crypto asset management into tokenized traditional finance.
Tokenized securities are emerging as one of the fastest-growing areas of digital assets, with exchanges, wallets, and fintech firms racing to bring traditional financial products on-chain. By integrating tokenized equities into its wallet, Exodus is positioning itself alongside platforms seeking to combine crypto and conventional investing within a single interface.
Exodus expands beyond self-custody
The launch adds stock and ETF trading to Exodus’ existing suite of crypto services, which includes asset storage, swaps, payments, and staking. Customers in eligible regions can now access tokenized versions of more than 200 publicly traded securities and real-world assets directly from the wallet without leaving the application.
JP Richardson, CEO and co-founder of Exodus, said tokenized equities allow users to manage traditional financial assets with the same level of direct control they expect from digital assets. The company noted that Exodus became the first publicly traded company to tokenize its own stock in 2021. Its tokenized EXOD shares are now included alongside the broader range of tokenized assets offered through Exodus Markets.
Ondo powers tokenized markets on Solana
The platform is powered through a partnership with Ondo Finance, which develops blockchain infrastructure for tokenized real-world assets. Under the integration, tokenized securities are available on Solana, allowing eligible users to trade within the Exodus ecosystem rather than relying on traditional brokerage infrastructure.
Ian De Bode, CEO of Ondo Finance, commented on the integration, stating, “Exodus has one of the largest self-custodial audiences in crypto and they’ve spent years building the trust to bring people into tokenized finance. This is how tokenized markets scale, by integrating with the products people already use to manage their money.”
Ondo’s tokenized equity platform tops $1B TVL
The partnership comes as Ondo Finance continues to expand its presence in tokenized equities. Last month, the company said its Ondo Global Markets platform surpassed $1 billion in total value locked (TVL) across tokenized stocks and ETFs, becoming the first tokenized equity platform to reach the milestone in less than eight months.
According to Ondo, the platform has attracted tens of thousands of holders, processed more than $18 billion in trading volume, and now accounts for over 70% of the tokenized stock market. The company said the milestone reflects growing demand for blockchain-based access to traditional capital markets.
Unlike synthetic products, tokenized stocks on Ondo Global Markets are backed by underlying shares held in custodial accounts, enabling features such as 24/7 trading, fractional ownership, instant settlement, and DeFi use cases, including collateralization and lending.
Tokenized stocks come without shareholder rights
Exodus emphasized that its tokenized assets are distinct from holding the underlying securities directly. According to the company, token holders do not receive shareholder rights associated with the underlying stocks, including voting rights or direct ownership. Availability also depends on local regulatory requirements, and the service is currently limited to supported jurisdictions.
The launch comes as competition in tokenized securities continues to accelerate, with crypto exchanges, brokerages, and blockchain platforms introducing products that give investors blockchain-based exposure to traditional financial assets while operating under varying regulatory frameworks.
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