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MetaMask adds tokenized US stocks, ETFs, commodities via Ondo

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 17 Views

MetaMask adds tokenized US stocks, ETFs, commodities via Ondo

The rollout provides access to tokenized US stocks, ETFs and commodities through Ondo GM tokens for non-US users on Ethereum, excluding 30 jurisdictions at launch.

MetaMask, the self-custodial crypto wallet developed by Ethereum software company Consensys, is rolling out access to tokenized US stocks, exchange-traded funds and commodities through Ondo Global Markets.

Starting Tuesday, eligible MetaMask users in non-US countries will be able to access 200 tokenized US stocks, ETFs and commodities such as gold and silver on Ethereum network, the company said in a statement shared with Cointelegraph.

The offering allows users to acquire tokenized assets via MetaMask Swaps by swapping Circle’s USDC (USDC) stablecoin into Ondo Global Markets (GM) tokens, which are designed to track the value of their underlying assets on a 1:1 basis.

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