NEAR Enables Trading in Tokenized US Stocks and ETFs

NEAR Protocol has launched trading in tokenized US stocks and ETFs on its platform near.com, in partnership with Ondo. Users can now buy shares of large US companies such as Nvidia, Tesla, Apple, Alphabet, Meta, Microsoft, and Amazon, using over 30 supported cryptocurrencies or stablecoins.

The integration extends beyond the platform, as tokenized stocks, ETFs, and real-world assets from Ondo will be available to apps, wallets, and exchanges that use NEAR Intents. This allows developers and DeFi protocols to integrate these assets into their products through crosschain routing and settlement handled by NEAR Intents.

To facilitate trades, users can fund their accounts with crypto from over 30 networks, including Bitcoin and Solana, before swapping it for the desired asset. Tokenized stocks provide economic exposure to the underlying securities, including changes in value and reinvested dividends, net of applicable taxes.