Ondo Finance, Clearstream and 360X have agreed a partnership to connect tokenised securities issued on public blockchains with regulated European trading and post‑trade infrastructure, in a move backed by Deutsche Börse Group.
The firms plan to link issuance, trading, custody, settlement and collateral management for tokenised securities, creating a structure that allows onchain assets to be handled through the same systems used for traditional instruments. The aim is to let institutions trade and hold tokenised stocks and ETFs without changing their operational workflows.
Matthieu de Vergnes, MD and global head of institutional at Ondo Finance, said the collaboration embeds tokenised assets directly into the infrastructure used by Europe’s largest institutions and represents “a major turning point for the adoption of tokenised securities within regulated markets”.
As part of the first phase, 360X has listed ten Ondo‑issued tokenised stocks and ETFs, including AAPLon, AMZNon, GOOGLon, METAon, MSFTon, NVDAon, TSLAon, SPYon and QQQon. The venue, which is ESMA‑regulated and backed by Deutsche Börse and Commerzbank, said it is the largest bulk listing of tokenised securities it has made to date. The assets are issued on public blockchains such as Ethereum, Solana and BNB Chain and are available to broker‑dealers and institutional investors across Europe.
The next stage will see Clearstream integrate Ondo’s tokenised assets into its custody, settlement and collateral‑management systems, allowing institutions to hold and process onchain securities through existing channels. Clearstream also plans to make tokenised versions of assets it already holds in custody available for distribution through Ondo’s network outside the US. Ondo intends to expand its tokenisation programme to EU‑listed instruments, with Clearstream providing custody for the underlying securities.
Carlo Kölzer, CEO of 360X and global head of FX and digital assets at Deutsche Börse Group, said the listing broadens the range of digital assets available on the venue and uses infrastructure designed to meet institutional oversight requirements.
Jens Hachmeister, head of issuer services and new digital markets at Clearstream, said the partnership supports the development of a more integrated financial ecosystem by enabling access to tokenised securities in a regulated environment.
The partnership follows regulatory approval for Ondo Global Markets to offer tokenised US stocks and ETFs across 30 EU and EEA jurisdictions, opening access to more than 500 million eligible investors.
