Quick take:
- Eligible users outside of the United States will be able to buy, hold, and trade the tokenized assets directly in the MetaMask mobile app.
- The tokens track the market value of underlying securities such as Tesla, NVIDIA, Apple, Microsoft, and Amazon, as well as ETFs including SLV, IAU, and QQQ.
- The platform supports trading 24 hours a day, five days a week, with token transfers remaining possible around the clock.
MetaMask, a leading non-custodial crypto wallet service provider, has integrated tokenized US securities trading into its platform. According to the report by The Block on Tuesday, the integration allows users access to more than 200 tokenized U.S. stocks, exchange-traded funds, and commodities.
The service is initially available to eligible users in non-U.S. jurisdictions. They will be able to buy, hold, and trade the tokenized assets directly in the MetaMask mobile app.
Like other tokenized US securities trading services, the tokens offered to MetaMask users for trading track the market value of underlying securities such as Tesla, NVIDIA, Apple, Microsoft, and Amazon, as well as ETFs including SLV (Silver), IAU (Gold), and QQQ.
The platform supports trading 24 hours a day, five days a week, with token transfers remaining possible around the clock.
“Bringing Ondo’s tokenized U.S. stocks and ETFs directly into MetaMask shows what a better model looks like,” said Joe Lubin, founder and CEO of Consensys, in the statement. “A single, self-custodial wallet where people can move between crypto and traditional assets without intermediaries and without giving up control.”
The tokens are not registered under US securities laws, and do not confer ownership of the underlying assets, MetaMask emphasized. They are also restricted in certain jurisdictions, including the United States, the United Kingdom, the European Economic Area, Canada, China, Russia, and numerous other countries.
“The launch reflects a broader shift in market infrastructure, as tokenization is increasingly being deployed at scale, moving beyond early use cases toward broader distribution,” MetaMask said in the press release.
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