US retail investors can subscribe through Securitize, while fund buybacks remain limited to quarterly repurchase offers.

Collateral mobility accounts for about $1.7 trillion of the base-case forecast, with reserve and treasury management contributing another $400 billion.

Discounts undermine share-funded token accumulation, though Strategy’s latest filing shows purchases can continue using existing cash.

Three portfolio tokens are available on Ethereum and BNB Chain for eligible non-US investors. BlackRock supplies the models; Ondo manages the products.

Optimism’s X post names a tokenized bond as the first product, while its same-day blog names two tokenized funds. Korea’s first regulatory phase starts in February 2027.

Sources told CoinDesk the all-stock deal is worth more than $60 million; the transaction remains subject to regulatory approval.

Approved institutions can now swap existing share inventory for Ondo Stocks through Alpaca, removing the separate cash funding required by the platform’s existing issuance flow.

The agreement would connect the crypto platform to NYSE’s planned digital venue and add two-way distribution of stock and crypto market data.

near.com began offering Ondo Finance’s tokenized U.S. stocks and exchange-traded funds (ETFs) on Tuesday, letting users buy them with crypto held across more than 30 networks. The companies said the trades are not broadcast publicly. The tokens are not available to U.S. persons or in Canada. NEAR rose 7.1% over 24 hours.

Circle sold Binance 1,237,011 shares at $80.84, a five percent discount to the Sept. 17 close, and agreed to keep paying the exchange a monthly fee tied to USDC balances, an SEC filing shows.