MetaMask, a leading self-custodial cryptocurrency wallet, has introduced access to tokenized US stocks, exchange-traded funds (ETFs), and commodities through a new integration with Ondo Global Markets. The rollout marks a significant step in blending traditional financial assets with decentralized blockchain infrastructure, targeting eligible non-US users on the Ethereum network.
Tokenized US Stocks and ETFs on Ethereum
Through this launch, users can access more than 200 tokenized representations of US equities, ETFs, and commodities such as gold and silver. These assets are available via Ondo Global Markets (GM) tokens, which are designed to mirror the value of their underlying instruments on a 1:1 basis. Transactions are executed by swapping USDC stablecoins directly within the wallet, allowing users to gain exposure without relying on traditional brokerage accounts.
The tokenized asset feature is initially available on the mobile version of the wallet. Desktop access through a browser extension is expected to follow by late February, expanding usability for traders who prefer web-based platforms.
Geographic Restrictions and Compliance
The service excludes users in the United States and approximately 30 other jurisdictions, including Canada, the United Kingdom, and the European Economic Area. Geographic restrictions are enforced using location-based checks, and users in restricted regions will be unable to access the trading routes.
This development reflects a growing industry trend toward integrating real-world assets into blockchain ecosystems. By offering tokenized exposure to traditional markets alongside digital assets, self-custodial wallets are positioning themselves as comprehensive financial gateways in an evolving regulatory environment.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.