- ZIGChain provides Ondo tokenized shares and ETFs to its ecosystem.
- Partnership expands onchain entry to US monetary markets.
- Rollout begins in phases throughout chosen ZIGChain purposes.
ZIGChain introduced on Monday that it’s integrating with Ondo Finance to carry tokenized US shares and exchange-traded funds (ETFs) to customers throughout its blockchain ecosystem, increasing entry to on-chain variations of conventional monetary belongings.
The partnership combines ZIGChain’s infrastructure for regulated funding merchandise with Ondo Finance’s tokenized securities platform, extending their shared aim of creating publicly traded US belongings extra accessible by way of blockchain know-how.
Based on the businesses, the combination strengthens ZIGChain’s broader real-world asset (RWA) ecosystem, which already contains Valdora Finance’s Liquid RWA Vaults and Beehive’s tokenized small and medium-sized enterprise non-public credit score pipeline.
Partnership expands tokenized asset ecosystem
ZIGChain mentioned the combination aligns with its technique of bringing established monetary merchandise onchain reasonably than creating fully new funding devices.
Ondo Finance has developed infrastructure that allows publicly traded US shares and ETFs to be represented as programmable blockchain-based belongings.
By means of the partnership, these tokenized merchandise will develop into obtainable throughout the ZIGChain ecosystem, with a selected give attention to increasing entry for customers within the Gulf Cooperation Council (GCC) area and past.
The businesses mentioned the collaboration is designed to supply onchain publicity to institutional-grade monetary merchandise whereas decreasing conventional obstacles comparable to intermediaries and minimal funding necessities.
“The next phase of onchain finance is not about replicating access that institutions already have. It is about taking those instruments and making them genuinely accessible to a broader universe of participants, through transparent, scalable onchain infrastructure, without the minimums and intermediaries that have always stood in the way,” mentioned Abdul Rafay Gadit, Co-Founder, ZIGChain.
“Ondo has done the hard work of bringing these products onchain. ZIGChain is the infrastructure through which that reaches a new generation of users. For us, this is deeply aligned with our mission: to make high-quality financial opportunities more open, more programmable, and more globally accessible.”
Ondo goals to broaden distribution
Ondo Finance mentioned increasing entry to tokenized securities throughout new blockchain ecosystems is a core a part of its technique.
The corporate, which focuses on tokenizing real-world belongings, has constructed infrastructure supposed to bridge conventional monetary markets with decentralized networks.
By means of Ondo World Markets, traders exterior america can acquire financial publicity to US shares and ETFs utilizing blockchain-based tokens backed by the corresponding underlying belongings.
“Bringing tokenized US stocks and ETFs to new ecosystems and user bases is core to what the Ondo Global Markets platform enables. ZIGChain’s infrastructure gives investors across the GCC onchain exposure to the world’s most in-demand securities, with the execution quality and transparency that institutional markets demand. This is exactly the kind of distribution that expands the reach of tokenized finance where it matters most,” mentioned Oya Celiktemur, EMEA Director, Ondo Finance.
Rollout to start in phases
Based on the announcement, entry to Ondo-tokenized merchandise by way of ZIGChain can be launched steadily, starting with chosen ecosystem purposes and companions earlier than increasing extra broadly over time.
The businesses famous that the combination doesn’t symbolize a token launch and doesn’t assure funding returns or yield.
Underlying belongings are issued by Ondo World Markets (BVI) Restricted, whereas ZIGChain doesn’t custody the underlying real-world belongings.
The partnership comes as blockchain firms proceed to give attention to tokenizing conventional monetary devices, searching for to mix regulated market publicity with the accessibility and programmability provided by decentralized infrastructure.
