NEAR Protocol and Ondo Introduce Tokenized U.S. Stock and ETF Trading
- Trading of tokenized U.S. stocks and ETFs is now available on near.com, accessible to eligible users.
- Users can trade shares from major companies like Nvidia, Tesla, and Apple, as well as SPY and QQQ ETFs.
- Accounts can be funded with stablecoins or crypto assets from over 30 networks including Bitcoin and Solana.
- The platform supports fractional tokens, allowing users to purchase portions of assets.
- Trading is available continuously, with no platform fees for the first month after launch.
This integration enhances trading privacy by utilizing confidential execution infrastructure to obscure user activity while complying with regulatory requirements. Users must meet eligibility criteria based on jurisdictional regulations.
With the launch of tokenized stocks and ETFs, NEAR aims to provide a seamless trading experience for users looking to engage in digital asset markets without traditional brokerage barriers. (Source)
