Blockchain.com Adds 173 Tokenized Stocks and ETFs

Blockchain.com on Wednesday added 173 tokenized stocks and exchange-traded funds through a partnership with Ondo Finance, expanding its catalog of tokenized traditional assets to more than 430 listings across Ethereum, Solana and BNB Chain.

The new listings provide tokenized exposure to private company shares, active ETFs, Treasury products and covered-call strategies. Blockchain.com highlighted a SpaceX-linked SPCX token among the additions and rolled out themed baskets focused on AI infrastructure, energy, robotics, autonomous vehicles and quantum computing. The expansion also adds income-oriented products from issuers including Global X.

All 173 listings are available immediately via Ondo’s routing and liquidity infrastructure, which supports trading across multiple blockchains at launch. Ondo manages roughly $3.8 billion in distributed assets across about 267 tokenized products.

The additions follow a recent launch by Blockchain.com of a SpaceX-linked perpetual contract aimed at institutional clients. Several crypto platforms have introduced products tied to the SpaceX IPO, including tokenized IPO allocations, pre-IPO contracts and perpetual futures.

Regulatory attention has increased after a U.S. Securities and Exchange Commission proposal that would remove two national market system rules. Alex Thorn, head of research at Galaxy, argued the proposal would remove key regulatory barriers to trading tokenized U.S. equities on decentralized platforms.

Data for the tokenized equities market show roughly $1.57 billion in distributed value held in tokenized equities, up from about $330 million a year earlier. The market includes tokenized shares of public companies, ETFs and private firms, with higher-value tokenized assets linked to companies such as Strategy, Circle and Nvidia.

Competition among exchanges and wallet providers is intensifying. Earlier this month, wallet provider Exodus launched a marketplace offering more than 200 tokenized stocks, ETFs and other real-world assets through a separate partnership with Ondo Finance.

Market activity tied to the SpaceX IPO highlighted both strong investor interest and operational challenges. One major exchange recorded more than $557 million in USDC deposits from users seeking exposure to a SpaceX tokenized IPO product. Several platforms later canceled tokenized SpaceX offerings and issued refunds after failing to secure share allocations; the IPO drew investor demand reportedly several times larger than available shares.

Blockchain.com’s expansion increases the range of tokenized equities available on multiple blockchains and routed through Ondo’s liquidity network, with listings available to users immediately across the supported chains.