NEAR and Ondo Launch 20 Tokenized U.S. Stocks and ETFs

NEAR Protocol and Ondo Finance have partnered to make 20 tokenized U.S. stocks, exchange-traded funds and commodity-linked products available through near.com and the NEAR Intents network, the companies announced. The initial lineup includes tokenized versions of Tesla, Nvidia, Apple, Microsoft and Amazon, along with products linked to the Invesco QQQ Trust and precious-metals funds such as the iShares Silver Trust and iShares Gold Trust. Eligible users can fund purchases with supported crypto assets including Bitcoin and USDC without opening a traditional brokerage account, and can hold the tokenized products or convert them back into USDC or other supported assets, according to the companies. NEAR Intents handles the cross-chain routing behind the service. Rather than requiring users to select bridges and transaction paths manually, the system lets users state the outcome they want while independent solvers compete to find and execute a route. The network currently connects more than 30 blockchains, including Bitcoin, Ethereum, NEAR, Tron and BNB Chain. Access will also extend beyond near.