Ondo Finance has added over 430 tokenized stocks and ETFs to Uniswap, but people in the US can’t use them.
Frequently Asked Questions
Here is a list of FAQs about Ondo bringing 430 tokenized stocks and ETFs to Uniswap
BeginnerLevel Questions
Q What does tokenized stocks mean
A It means you can buy a digital token on the blockchain that represents ownership of a real stock Its like a digital receipt that tracks the price of the actual stock
Q Where can I buy these tokenized stocks
A You can trade them on Uniswap which is a decentralized exchange You dont need a traditional brokerage account
Q Do I need a regular bank or broker to use this
A No You just need a crypto wallet and some cryptocurrency to make trades
Q Are these tokens the same as owning the real stock
A They track the price of the real stock but you dont get shareholder voting rights or dividends You own a token that mirrors the stocks value
Q Is this legal
A Ondo Finance works within regulatory frameworks These tokens are designed to comply with securities laws but you should check the rules in your own country
Intermediate Advanced Questions
Q How does Ondo maintain the price peg to the real stock
A Ondo uses a mechanism called dynamic minting and burning When the token price drifts from the real stock price arbitrageurs can buy or sell the token to bring it back in line similar to how stablecoins maintain their peg
Q What are the fees for trading these on Uniswap
A You pay standard Uniswap swap fees plus network gas fees Ondo doesnt charge extra trading fees on top of that
Q Can I trade these 247 even when the stock market is closed
A Yes Unlike traditional stock exchanges Uniswap runs 247 You can buy or sell tokenized stocks on weekends and holidays
Q What blockchain are these tokens on
A They are primarily on Ethereum and several Layer2 networks Ondo chooses blockchains with