What is the main battlefield of RWA? What is the underlying business logic of stock tokenization?Authors: Sha Jun, Guo Fangxin
In June of this year, Robinhood announced that it would offer tokenized U.S. stocks and ETF trading to European users, providing users with a product service similar to OTC financial derivatives through the signing of contracts for differences.
In September this year, Nasdaq officially submitted a proposal to the U.S. Securities and Exchange Commission, hoping that the exchange could publicly issue securities in the form of tokens, officially bringing the topic of tokenization of U.S. stocks to the official table.
On October 29, Ondo Finance, known as the "BlackRock of the blockchain," announced that its core product Ondo Global Markets (Ondo GM) has officially integrated with BNB.
金色财经_·2025-11-14 04:49