Business Sandesh Indian Newspaper | Articles | Opinion Pieces | Research Studies | Findings & News | Sandesh News
Trust Wallet, backed by Binance co-founder Changpeng Zhao (CZ), has launched tokenized US stocks and ETFs on Ethereum and Solana, announced on September 3, 2025. This move, in collaboration with Ondo Finance and 1inch, enables over 200 million users to access traditional financial assets within a crypto wallet, revolutionizing investment accessibility. The platform plans to expand to BNB Chain by Q1 2026.
Key Features
- Tokenized Assets: Over 100 tokenized US stocks and ETFs, backed by real equities, track underlying asset prices via smart contracts, per cointelegraph.com.
- Fractional Ownership: Users can buy fractions of high-value stocks, lowering entry barriers for retail investors.
- Global Access: Available worldwide, no traditional brokerage is required, making it ideal for users in Asia-Pacific, Africa, and Latin America.
- DeFi Integration: Tokens can be used in lending, borrowing, and yield farming, enhancing liquidity and utility.
Why It Matters
This launch bridges traditional finance and DeFi, allowing crypto-native investors to diversify portfolios without leaving the blockchain ecosystem. Trust Wallet’s CEO, Eowyn Chen, emphasized, “This democratizes global financial markets, making access a right, not a privilege.” The initiative could drive mainstream adoption of tokenized securities, with the global tokenized asset market projected to hit $2 trillion by 2030.
Market Impact
By integrating tokenized equities, Trust Wallet strengthens its position against competitors like Coinbase Wallet. The move may spur other platforms to offer similar services, intensifying competition. Posts on x.com highlight strong user excitement, with 10,000+ tokenized asset transactions recorded within 24 hours of launch.
Trust Wallet plans to add more tokenized assets and integrate AI-driven portfolio tools by mid-2026. Visit trustwallet.com for details on this transformative step in crypto investing.
