TLDR
- Exodus Movement and Ondo Finance have launched Exodus Markets, giving users access to over 200 tokenized stocks, ETFs, and real-world assets on the Solana blockchain.
- The platform is available through Exodus’s self-custodial wallet app to eligible users in select markets.
- Tokenized equities have grown 147% this year, reaching a $5.5 billion market cap as of June 8.
- Users can trade tokenized EXOD shares but do not receive shareholder rights with these assets.
- Regulators in the U.S., South Korea, and elsewhere are increasing scrutiny of tokenized equity products.
Exodus Movement and Ondo Finance have teamed up to launch a new tokenized trading platform called Exodus Markets. It gives users access to more than 200 tokenized stocks, ETFs, and real-world assets, all built on the Solana blockchain.
BREAKING: Exodus launches Exodus Markets with Ondo, offering 200+ tokenized stocks, ETFs, and RWAs on Solana. pic.twitter.com/ux7MRhjNl3
— MSB Intel (@MSBIntel) June 12, 2026
The service is available through the Exodus self-custodial wallet app. Eligible users in supported markets can now trade tokenized equities directly within the app they already use for crypto.
Exodus CEO JP Richardson said the launch marks a turning point for the company. “For the first time, our customers can trade and hold tokenized equities with the same direct control and global access they expect from crypto,” he said.
The move expands Exodus beyond its roots as a crypto storage wallet. The app now supports trading, payments, rewards, and asset management in one place.
Exodus was founded in 2015 and listed on NYSE American under the ticker EXOD. It became the first publicly traded company to tokenize its own stock back in 2021. Users can now trade tokenized EXOD shares alongside other assets inside the app.
Tokenized Equities Market Is Growing Fast
The timing of the launch lines up with rapid growth in the tokenized equities space. According to RWA.xyz, the market reached $5.5 billion in market cap as of June 8. That is up about 147% from $2.23 billion at the start of the year.
Tokenized equities now rank as the fourth-largest real-world asset class. Ondo Finance CEO Ian De Bode said the key to scaling this market is building into tools people already use.
“This is how tokenized markets scale, by integrating with the products people already use to manage their money,” De Bode said.
Ondo recently hired former Invesco executive John Hoffman as managing director and head of product portfolios. He will oversee the development of tokenized investment products as the company grows.
Regulators Are Taking Notice
As the market grows, regulators are paying closer attention. South Korea’s Ministry of Economy and Finance said tokenized stocks should be treated as securities if they carry the same characteristics as traditional shares. That could bring them under existing tax rules.
In the U.S., the Securities and Exchange Commission has proposed removing two Regulation NMS rules. Some analysts say this could affect how tokenized stock trading is structured going forward.
Exodus has been upfront about one key limitation. The tokenized assets on Exodus Markets are not the same as owning the actual underlying securities. Users do not get shareholder rights.
That issue is still unresolved in many jurisdictions. Regulators in the U.S. and elsewhere are examining whether tokenized stocks should carry the same rights and protections as traditional shares.
For now, Exodus Markets represents one of the most accessible on-ramps to tokenized equities for everyday crypto users.
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