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Trust Wallet Offers Tokenized Stocks and ETFs On-Chain

Key Takeaways

  • Trust Wallet now supports tokenized US stocks and ETFs for users in approved regions;
  • The rollout uses Ondo Finance for asset tokenization and 1inch to help optimize trades;
  • Access is limited by location and time, with trading allowed only during US market hours.​

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Trust Wallet Offers Tokenized Stocks and ETFs On-Chain

Trust Wallet, a self-managed crypto wallet, has launched support for digital versions of US stocks and exchange-traded funds (ETFs).

The new feature enables users in select countries to interact with tokenized real-world assets (RWAs) directly within the wallet.

The rollout makes Trust Wallet one of the early providers offering tokenized traditional assets within a self-custody crypto wallet.

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The integration is made possible through a collaboration with Ondo Finance, a platform focused on tokenizing traditional financial products, and 1inch, a tool that finds optimal trading routes on decentralized exchanges.

Ondo Finance will handle the creation of digital versions of stocks, ETFs, and bonds. Meanwhile, 1inch Fusion helps improve pricing and liquidity to make swaps into RWAs more seamless.

These tokens are launched on Ethereum ETH $4,457.99 and Solana SOL $209.50 networks and rely on smart contracts to represent ownership.

According to Trust Wallet’s website, users located in the US, UK, and European Economic Area (EEA) will not be able to complete swaps involving these assets.

The platform also imposes trading hours aligned with US stock markets, from Monday to Friday, 1:30 PM to 8:00 PM UTC.

Trust Wallet CEO Eowyn Chen stated that the launch aims to expand access to financial services. She emphasized that blockchain could create a more accessible financial system and sees this feature as one step toward that goal.

Meanwhile, Coinbase $2.04B recently announced plans to launch a new futures product, "Mag7 + Crypto Equity Index Futures". What does it offer? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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