Ondo Secures EU Approval For Tokenized Stocks and ETFs

Ondo Global Markets, a US-based tokenization platform, has received approval from the Liechtenstein Financial Market Authority (FMA) to offer tokenized stocks and ETFs to European investors. This approval allows Ondo to provide access to regulated investments in US markets for over 500 million investors in 30 European countries, including all 27 EU member states as well as Iceland, Liechtenstein, and Norway. This development follows a collaboration with Boerse Stuttgart Group’s BX Digital to support tokenized stock trading in Switzerland. By securing authorization under Liechtenstein’s passporting regime, Ondo can operate within a unified regulatory framework across the EEA, upholding investor protection standards. The approval coincides with ongoing tensions in the EU regarding the supervisory authority of member states under the MiCA regulations, as EU officials draft plans to designate the European Securities and Markets Authority as a direct regulator for all crypto asset service providers throughout the bloc.

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