Exodus Movement and Ondo Finance have teamed up to bring more than 200 tokenized stocks, ETFs and real-world assets to the Solana blockchain — now accessible inside Exodus’s self-custodial wallet.
Announced June 12, the new offering — branded Exodus Markets — gives eligible users in select jurisdictions the ability to trade and hold tokenized equities and ETFs alongside the crypto, payments, rewards and other services the Exodus wallet already supports. The assets live on Solana and are available through Exodus’s non-custodial app, so users maintain control of their private keys while interacting with tokenized financial products.
“For the first time, our customers can trade and hold tokenized equities with the same direct control and global access they expect from crypto,” said JP Richardson, CEO and co‑founder of Exodus. “Exodus is becoming the front door to every asset you hold, without compromising on trust and control.”
A few points of context and background:
- Exodus was founded in 2015 and is publicly traded on NYSE American under ticker EXOD. The company tokenized its own stock in 2021, and Exodus Markets lets customers trade tokenized EXOD shares alongside other tokenized assets in the wallet.
- The rollout follows Ondo Finance’s recent strategic hire: former Invesco executive John Hoffman was named managing director and head of product portfolios (announced June 11) to lead development of tokenized investment products and portfolio baskets.
- Ondo CEO Ian De Bode framed the partnership as a scaling move: “This is how tokenized markets scale, by integrating with the products people already use to manage their money,” he said, pointing to Exodus’s sizable self-custody user base.
Market momentum and regulatory crosswinds
Tokenized equities have seen rapid growth this year. RWA.xyz reports tokenized equities reached about $5.5 billion in market capitalization as of June 8 — roughly a 147% jump from $2.23 billion at the start of 2026 — making them one of the largest segments within the broader real-world asset market.
That growth is drawing regulatory attention. South Korea’s Ministry of Economy and Finance recently said tokenized stocks should be treated as securities if they carry the characteristics of traditional securities, which could subject them to existing taxation and securities rules. In the U.S., the SEC has proposed removing two Regulation NMS rules — a move some analysts say could influence how tokenized stock trading is structured going forward.
Investor rights remain a key unresolved issue. Exodus cautioned that tokenized assets offered through Exodus Markets are not the same as owning the underlying securities and do not confer shareholder rights. Regulators in the U.S. and elsewhere are actively evaluating whether tokenized stock products should carry the same rights and protections as conventional shares.
Bottom line: Exodus and Ondo’s partnership puts a broad suite of tokenized equities and ETFs into a mainstream self-custodial wallet on Solana, accelerating access for crypto-native users — even as legal and investor‑rights questions continue to be clarified by regulators.
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