Ondo Finance Unlocks Tokenized Stocks as Collateral for Perpetual Trading

Ondo Finance has upgraded its platform to allow users to use tokenized stocks and ETFs as collateral for perpetual trading.

This move is expected to increase capital efficiency and create new trading incentives for both professionals and individual investors.

The platform's tokenized stocks surpassed $1 billion in total value locked (TVL) within eight months of their launch, indicating growing demand for blockchain-based exposure to traditional markets.

Ondo Finance aims to bring perpetuals markets closer to traditional derivatives venues by using tokenized equities as collateral.