Crypto World
Phemex integrates Ondo tokenized stocks and ETFs for 10m users.
Phemex integrates Ondo tokenized equities, giving 10m users onchain access to 14 major stocks and ETFs.
Summary
- Phemex completed integration with Ondo Finance’s full tokenized equity suite, listing 14 real‑world assets including NVDA, TSLA, AAPL, AMZN, QQQ, and SPY‑style ETFs.
- The exchange says the move is part of a broader push into RWA tokenization, allowing clients to hold tokenized stocks and ETFs while preserving digital asset liquidity.
- Founded in 2019, Phemex now serves more than 10m traders with spot, derivatives, copy trading, and yield products as it positions itself between TradFi and DeFi.
Cryptocurrency exchange Phemex announced the completion of its integration with Ondo Finance’s full suite of tokenized equities, according to a statement released by the company.
The integration provides the platform’s 10 million users access to 14 tokenized traditional assets, including shares of technology companies and exchange-traded funds, the company stated.
The tokenized equity offerings include shares of NVIDIA, Tesla, Apple, and Amazon, as well as the Nasdaq 100 ETF and the SPDR S&P 500 ETF, according to the announcement.
The platform describes the integration as part of its expansion into real-world asset (RWA) tokenization, allowing users to access traditional financial instruments through blockchain technology while maintaining digital asset liquidity.
Phemex stated the initiative represents part of its strategy to bridge traditional finance and decentralized finance platforms.
Founded in 2019, Phemex operates as a cryptocurrency exchange offering spot trading, derivatives trading, copy trading, and wealth management products, according to company information. The platform reports serving more than 10 million traders globally.