Ondo Finance, Clearstream, and 360X have launched a comprehensive partnership. The initiative aims to embed tokenized securities fully into regulated financial systems by leveraging public, permissionless blockchains. By covering every aspect of the asset lifecycle—from execution and storage to final settlement and collateral use—the collaboration creates a unified, institution-ready framework that maintains full compliance while harnessing blockchain efficiencies.
The first phase is already operational: Ondo’s tokenized U.S. stocks and exchange-traded funds are now actively traded on 360X, the ESMA-regulated digital-asset venue backed by Deutsche Börse Group. European broker-dealers and institutional investors can access these products in a marketplace that meets the EU’s strictest standards.
The tokens, issued on Ethereum, Solana, and BNB Chain, deliver genuine on-chain exposure to well-known U.S. equities and indices without requiring investors to leave familiar regulated channels.
The next stage will integrate Ondo’s assets directly into Clearstream’s post-trade infrastructure.
Custody, settlement, and collateral-management services will become available, allowing institutions to treat tokenized securities much like traditional holdings while enjoying faster processing and greater transparency.
Ondo also intends to tokenize selected EU-listed instruments on its Global Markets platform, with Clearstream acting as custodian for the underlying securities.
In return, Clearstream will tokenize certain assets from its own vaults and route them through Ondo’s global client network outside the United States, expanding distribution reach.
The initial 360X listing features ten prominent tokenized securities—including AAPLon, AMZNon, CRCLon, GOOGLon, METAon, MSFTon, NVDAon, TSLAon, SPYon, and QQQon—marking the largest single batch of tokenized equities and ETFs ever introduced on the platform.
This rollout follows Ondo Global Markets’ recent regulatory approval to serve investors across 30 EU and EEA countries, potentially opening regulated on-chain access to more than 500 million people.
Matthieu de Vergnes, Managing Director and Global Head of Institutional at Ondo Finance, described the partnership as a turning point that places tokenized assets within the core infrastructure European institutions already trust.
Carlo Kölzer, CEO of 360X and Global Head of FX & Digital Assets at Deutsche Börse Group, noted that the listing significantly broadens the range of compliant digital instruments available to clients.
Jens Hachmeister, Head of Issuer Services & New Digital Markets at Clearstream, highlighted how the alliance is building a more efficient, future-ready market by seamlessly connecting traditional and digital worlds.
Headquartered in Frankfurt, 360X operates across OTC, MTF, and DLT-MTF segments and is jointly supported by Deutsche Börse Group and Commerzbank.
Clearstream, a key post-trade provider within Deutsche Börse Group, manages more than €20 trillion in assets and runs central securities depositories in Germany, Luxembourg, and the international Eurobond market.
Ondo Finance specializes in tokenizing real-world assets to improve accessibility, transparency, and efficiency in capital markets.
Together, the organizations are laying the groundwork for broader global adoption of tokenized securities, enabling institutions to access enhanced liquidity, reduced friction, and a frictionless transition into the on-chain economy.