'Ondo Global Markets Will Do For US Equities, What the Stablecoin Did for the US Dollar' | Markets Outlook

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4.7 • 698 Ratings

🗓️ 3 September 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

The latest price moves and insights with Ondo Finance Chief Strategy Officer Ian De Bode. To get the show every week, follow the podcast here. Ondo Finance launched Ondo Global Markets on Wednesday, a new platform offering fully backed, tokenized U.S. stocks and ETFs to investors worldwide. Chief Strategy Officer Ian De Bode explains how the tokens provide direct, on-chain exposure to U.S. assets, making capital markets more accessible, transparent, and portable for international investors. De Bode joins CoinDesk's Jennifer Sanasie to discuss the launch. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - Midnight is introducing a novel approach to token distribution. The Midnight Glacier Drop is a multi-phase distribution of the NIGHT token, aimed at empowering a broad, diverse community to build the future of the Midnight network. Holders of ADA, BTC, ETH, SOL, XRP, BNB, AVAX and BAT are eligible to participate in the first phase. Help usher in the next generation of blockchain with rational privacy and cooperative tokenomics on the Midnight network. To learn more, visit midnight.gd and prepare for the Midnight Glacier Drop. - This episode was hosted by Jennifer Sanasie.

Transcript

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0:00.0	There's about 400 million people out there, primarily outside the U.S., who have a crypto brokerage account.
0:06.5	I think if we can convince a lot of those people who hold a crypto exchange account,
0:11.7	but that do not have access to U.S. stocks just yet, even if we get a couple of percent of them to actually adopt these stocks and ETFs,
0:19.2	I think that would be a huge success.
0:27.4	Ando Global Markets launches today.
0:29.8	The platform represents a quantum leap moving beyond debt instruments to offer on-chain
0:34.8	tokenized versions of over 100 U.S. equities and ETFs from Apple on to SPY on to investors across Asia, Europe, and Latin America. Hey, everyone. Welcome to Market's Outlook on CoinDesk. I'm Jen Sanasi. And today we're joined by Ondo Finance Chief Strategy Officer Ian DeBoat. Hey, Ian.
0:54.5	Hey, Jen. Thanks for having me. It's a pleasure to be here.
0:57.0	It's a pleasure having you. This announcement is something that I think the folks at Ando have been teasing for a while, Ian.
1:04.4	The last time you and I spoke, you said that Ando is going to do for equities what stable coins did for the dollar.
1:13.8	I think that's the perfect place to start this conversation.
1:16.8	Tell me a little bit about what this enables.
1:20.1	And if you could do a little compare and contrast to what stable coins enabled for the dollar,
1:24.7	I think the audience would appreciate that.
1:26.9	Oh, 100%. Yes. Thank you, Jen. We're very excited to finally watch this platform. As you mentioned,
1:31.6	we fundamentally believe that on the global markets will do for U.S. equities, what the stable coin
1:36.9	has done for the U.S. dollar. And essentially, a lot of that is about global access to the asset,
1:42.4	first and foremost, in a very seamless way. A lot of people globally
1:46.3	that do not have access to the U.S. dollar and figured out that a stable coin is a very good
1:51.0	way to get access to that asset. In a very similar way, our on the global markets platform is
1:56.0	tokenizing these stocks, meaning that we put a token on chain that represents the economic exposure to the
2:02.2	stock. That token is fully backed by the underlying stock or ETF. And in a similar fashion,
	...

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