Article

Singapore digital securities exchange 1exchange explores listing Ondo Stocks for eligible investors in Asia

BlockBeats news,October 8, Singapore digital securities exchange 1exchange stated today that it is exploring the possibility of listing Ondo Stocks, the tokenized stock product of Ondo Finance, for eligible investors in Asia. 1exchange Regulated by the Monetary Authority of Singapore (MAS), it focuses on tokenized securities trading. 1exchange stated that the relevant listing remains at an exploratory stage, and whether it can ultimately proceed will depend on due diligence, listing requirements, and other relevant conditions. The company also specifically stated that the mention of Ondo Finance does not constitute its endorsement, approval, cooperation, or participation in the matter.

Ondo Finance previously stated that institutional investors can convert the relevant stocks into tokenized stocks. If the listing is completed, it may further expand trading channels for real-world assets, such as tokenized U.S. equities, among eligible investors in Asia.

Original link https://m.theblockbeats.info/flash/370724