Ondo Finance launches onchain tokens for IVV ETF and Micron stock under SEC’s January 2026 framework
AI Market Summary
Ondo Finance and Broadridge launched tokenized IVV and Micron shares on Ethereum under an SEC-described third-party framework, with 1:1 backing in traditional custody and a registered transfer agent. Importantly, token holders retain core shareholder rights via Broadridge (proxy voting and disclosures). This reduces regulatory and governance friction for onchain equities, strengthening institutional credibility for tokenized securities infrastructure and supporting broader adoption.
Impact level
● High
Affected assets
ONDO/USDT-1.19%
AI Insight · ONDO/USDTAI Insight
▲ Bullish
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Ondo Finance, working with Broadridge, has launched tokenized versions of BlackRock’s iShares Core S&P 500 ETF (IVV) and Micron (MU) shares on Ethereum that it says align with the SEC framework outlined in a January 2026 statement. The underlying securities remain in the traditional U.S. custody system while registered-transfer-agent-issued tokens are backed 1:1 and held with regulated custodians. Ondo says the structure is designed to preserve shareholder rights, including proxy voting and required disclosures, for token holders.
