Abu Dhabi Regulator Approves Ondo Finance's Tokenized Stock Trading on Binance's Regulated Platform

Odaily News Abu Dhabi's global market regulator has approved the listing of Ondo Finance's tokenized stocks and ETFs on Binance's regulated trading platform. The approved products include tokenized versions of Amazon, Alphabet, Apple, Circle, Meta, Microsoft, Nvidia, Tesla, and the Invesco QQQ ETF. This marks the first time the Abu Dhabi Global Market has approved the trading of tokenized securities under its regulatory framework, allowing financial institutions, intermediaries, and counterparties in the United Arab Emirates to trade digital stocks. Currently, these products are available to non-U.S. users. Previously, Ondo Finance has processed over $11 billion in cumulative trading volume within 6 months, with a total value locked exceeding $600 million.