MetaMask, the popular Web3 wallet, has integrated tokenized U.S. stocks and ETFs through a partnership with Ondo Finance. This marks the platform’s third major expansion in recent months, following integrations for crypto perpetuals and prediction markets. The move aims to capitalize on growing demand for tokenized real-world assets, allowing users to trade traditional equities directly within their crypto wallet.
The MetaMask wallet platform now offers tokenized stock and ETF trading powered by Ondo Finance. This integration follows two prior major expansions targeting crypto derivatives and prediction markets.
Users can exchange USDC for tokens tracking major U.S. equities via MetaMask Swaps. The tokenized stocks sub-sector saw its user base double in January to nearly 300,000 holders.
The overall real-world asset tokenization market has reached $24 billion. ConsenSys CEO Joe Lubin stated this integration illustrates a better model compared to legacy financial rails.
“Access to U.S. markets still runs through legacy rails,” Lubin was quoted as saying. “Bringing Ondo’s tokenized U.S. stocks and ETFs directly into MetaMask shows what a better model looks like.”
Ondo Finance President Ian De Bode said the feature brings the economics of platforms like Robinhood into a self-custodial wallet. The integration focuses on Ondo Global Markets’ tokens, not its separate perpetuals product.
MetaMask’s previous integrations have significantly increased platform activity. The wallet’s perp volume jumped from $700 million to nearly $2 billion over four months.
