What is the Ondo tokenization stock market? What is the significance of Gate's initial launch?

On September 3rd, Ondo Finance officially launched Ondo Global Markets, a trading market that offers over 100 tokenized US stocks and ETFs. From Apple and TSL to the S&P 500 index, these US stock assets that investors care about the most are now available in token form on the Blockchain.

At the same time, Gate.io has also launched the Ondo platform, offering borderless tokenized stock financial trading. This collaboration marks the transition of the RWA (Real World Asset) track from the experimental stage to scaled application, which could fundamentally change the operation of traditional financial markets.

Breaking the Walled Garden, Ondo's Innovative Revolution

Stock tokenization is the representation of ownership in a company or asset through digital tokens on the Blockchain, converting traditional stocks into cryptocurrencies that can be bought and sold on blockchain platforms.

This approach allows global investors to more easily invest in assets that were previously difficult to access. Ondo Global Markets' core innovation lies in its "instant atomic minting and burning" mechanism.

Unlike the "supermarket model" of existing platforms that requires purchasing stocks and minting tokens in advance, Ondo adopts a more advanced "delivery model." When users place an order to buy Amazon stocks, the platform goes to NASDAQ to "procure" real stocks and mint tokens; when users sell, the tokens are immediately destroyed and the stocks are sold on NASDAQ.

This method has no inventory limitations and directly inherits the trading depth of hundreds of billions of dollars on Nasdaq every day, solving the liquidity problem that has long plagued the tokenization asset sector.

Advantageous experience that traditional finance cannot match

Ondo's tokenization of U.S. stocks through platforms like Gate offers several significant advantages.

Near-zero trading fees: Only 0.01% - 0.03% trading costs, far below the standard charges of traditional brokers of $5 - $10 or 0.1% - 0.5% percentage fees. The total cost of trading $1000 in stocks is only about $1.

Extended Trading Hours: Supports "24/5" trading— from Sunday 8 PM to Friday 8 PM (Eastern Time). This is achieved through access to the regular trading hours of the NYSE and NASDAQ, pre-market and after-hours, as well as overnight periods provided by alternative trading systems.

Global Access: No need for a traditional brokerage account, no complex KYC, users can directly use USDC and other stablecoins through a Web3 wallet to purchase tokenized US stocks. The minimum purchase threshold is only 1 dollar.

ONDO Market Performance, Short-term Volatility and Long-term Potential

The current price of ONDO is approximately $0.90, having recently experienced short-term fluctuations with a slight decline in momentum. Technical indicators show an RSI of 45, with the MACD trend line sloping downwards, and the Fear and Greed Index at 44 (neutral) level, indicating a short-term cautious sentiment in the market.

However, the long-term outlook is extremely optimistic. Analysis predicts that ONDO's average price may hover around $1.11 in the fourth quarter of 2025, representing a potential 13.3% return on investment compared to current levels.

Longer-term predictions are more aggressive: The target price in 2026 is around $2.50, it could reach $5.44 in 2027, and is expected to reach $7.43 by 2029. These predictions are based on Ondo's leadership in the RWA tokenization space and continued institutional adoption.

RWA Landscape Overview, from Experimentation to Scalable Development

The RWA tokenization market is rapidly expanding. Data shows that the market size of RWA tokenization is expected to grow from $590 million in 2024 to $670 million in 2025, with a compound annual growth rate of 12.9%.

By 2029, this market is expected to reach 1.07 billion dollars. Factors driving growth include: increased demand for liquid assets, greater adoption of Blockchain in financial services, rising interest in alternative investments, and increasingly clear regulations on digital securities.

The regulatory framework in Hong Kong accelerates the global consensus among RWA institutions. The Hong Kong Monetary Authority has taken the lead in establishing cross-border financial regulatory standards by issuing the "Stablecoin Regulation Draft" and approving the establishment of the BUDL fund, laying the foundation for explosive growth in the industry.

Gate Launches First Release, Opening Up RWA Popularization Channel

Gate.io announced the launch of the Ondo spot trading area, with the first batch of 26 tokenized asset trading pairs including SPYON/USDT (linked to the S&P 500 ETF), QQQON/USDT (linked to the Nasdaq ETF), TSLAON/USDT (linked to TSL stock), etc.

Through this special zone, global investors can buy and sell on-chain versions of US stocks and ETFs around the clock for the first time, just like trading cryptocurrency.

As a trading platform with over 30 million users, the launch of the Ondo section by Gate is significant. It provides a large user base and liquidity support for the tokenization of US stocks, greatly promoting the popularity and application of RWA.

The collaboration with Ondo means that Gate is actively laying out its strategy in the RWA sector, seizing the opportunity in the future financial market.

Challenges and Reflections, Balancing Regulation and Liquidity

Despite the broad prospects, the tokenization of US stocks still faces multiple challenges.

Uncertainty of Cross-Border Regulation: Even with custody by a US broker, the cross-border sale of securitized tokens may still trigger compliance requirements in different jurisdictions.

Market Education: How to get more traditional investors to accept on-chain US stock products and maintain stable liquidity depth is a test for long-term operation.

Gray Areas of Tax Rules: The recognition of capital gains and dividend taxes for on-chain US stocks has yet to be standardized across different countries. There remains uncertainty regarding whether and how the IRS tracks on-chain transactions.

In addition, 85% of the ONDO Token supply is still locked, and future unlocks may cause short-term fluctuations. Investors need to pay attention to this factor in the token economics.

Future Outlook

As of early September, several cryptocurrency trading platforms, including Gate, have been launched on the Ondo ecosystem. The total trading volume of tokenized U.S. stocks is rapidly increasing.

xStocks has achieved a total trading volume of $3.782 billion in three months of operation, while Ondo Global Markets reached a trading volume of $65 million just two days after launch. With traditional financial giants BlackRock and Goldman Sachs entering the market, the RWA sector is witnessing its historic moment.

In the coming years, the clarity of regulation, the maturity of technology, and the evolution of user habits will determine whether RWA can truly become mainstream. If this trend continues, the collaboration between Gate and Ondo may only be the beginning, with more institutions and platforms likely to join.

At that time, global investors may find themselves living in a "24/7 financial market" without the constraints of time and space.