Trust Wallet Brings Tokenized Stocks and ETFs On-chain for 200M Users – No Broker
Trust Wallet, a non-custodial crypto pockets supplier, has shaped a partnership with Ondo Finance to launch tokenized real-world belongings (RWAs), permitting customers to entry tokenized variations of U.S. shares and exchange-traded funds (ETFs).
The preliminary rollout will make the most of belongings from Ondo Finance and function on the Ethereum blockchain.
According to a September 5 report, Trust Wallet seeks to supply customers with publicity to those securities instantly by means of the Trust Wallet cell software, eliminating the necessity for a conventional brokerage account.
Trust Wallet’s 200M Users Gain Direct Access to U.S. Stocks Without Brokers
The tokens are created by third-party suppliers, together with Ondo Finance, through sensible contracts engineered to reflect the worth of the underlying asset.
For buying and selling performance, Trust Wallet has incorporated the 1inch Swap API DEX aggregator, which consolidates costs from decentralized exchanges throughout a number of blockchains, together with Ethereum, BNB Chain (previously Binance Smart Chain), Polygon, and, most not too long ago, Solana.
In its official announcement, Trust Wallet indicated that the initiative is a part of its efforts to make international finance extra accessible and open to its consumer base of over 200 million worldwide.
Eowyn Chen, CEO of Trust Wallet, commented on the significance of the shares and ETF integration, stating, “incorporating RWAs into self-custodial wallets represents an important step towards making international finance extra open and environment friendly.“
“The broader imaginative and prescient includes how blockchain expertise democratizes monetary market entry and establishes the groundwork for a extra inclusive monetary future,” she continued.
This integration follows earlier groundwork that Chen referenced in June throughout her participation in a panel dialogue titled “What World is Crypto Building” on the Proof of Talk convention in Paris.
She talked about that customers would ultimately have interaction with RWAs inside the Trust Wallet app by means of an enhanced “Swap circulation” characteristic.
In a conversation with Cryptonews, Chen defined that “for tens of millions of customers, significantly in rising markets, conventional finance entry stays restricted or utterly unavailable.“
She famous that RWAs can present entry to monetary merchandise beforehand unavailable to those customers, permitting them to take part with out sacrificing custody or counting on centralized platforms.
During the Proof of Talk panel, Chen additionally revealed Trust Wallet’s ambitions to become a Web3 neobank.
“This means offering customers with the important parts of a contemporary monetary toolkit, self-custody, asset publicity, DeFi entry, staking, id administration, and extra, all inside a single globally accessible software,” she defined.
Will Nasdaq’s SEC Filing Bring $1.3T in Tokenized Stocks by 2030?
According to RWA.xyz data, the whole on-chain RWA worth has surpassed $27 billion, representing a 60.5% year-to-date improve, with over $420 million in shares already tokenized.

Real Vision’s chief crypto analyst Jamie Coutts noted in an August 27 X submit that if the present 2-year compound annual development fee (CAGR) of 121% persists, tokenized conventional belongings might attain roughly $1.3 trillion by 2030.
Major trade gamers at the moment are getting into the area to deliver shares and RWAs on-chain.
In a Monday filing, Nasdaq, the world’s second-largest inventory trade, requested that the Securities and Exchange Commission (SEC) modify present rules.
The modification included the definition of securities to permit tokenized shares to commerce below equivalent execution and documentation necessities as conventional equities.
Similarly, in August, Japanese conglomerate SBI Holdings partnered with crypto infrastructure supplier Startale Group to launch a complete on-chain buying and selling platform devoted to tokenized shares and real-world belongings (RWAs).
According to the press release shared with Cryptonews, SBI Holdings and Startale intend to collaborate in offering round the clock on-chain tokenized inventory and monetary asset buying and selling, together with cross-border settlement infrastructure that includes decreased charges.
Centralized exchanges reminiscent of Bybit and Kraken have already launched tokenized variations of distinguished U.S. shares, together with Apple, Nvidia, and Tesla, in addition to RWAs like gold and oil.
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that simply obtained entry to tokenized shares, proper from their telephones.