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Beyond crypto: tokenized stocks, new equity perps, and the future of RWAs on OKX

We've partnered with Ondo Finance to bring 263 tokenized US-listed stocks on-chain for our CeDeFi customers in eligible jurisdictions*.

Alongside this, we’re expanding our equity derivatives offering with new perpetual listings and upcoming pre-IPO perpetual futures — giving customers broader access to global markets, all from a single platform.

Together, these launches represent a clear direction: we’re building a unified, on-chain marketplace that goes far beyond crypto.

Tokenized stocks with Ondo Finance

Through our partnership with Ondo Finance, customers can now access 263 tokenized equities, including those that track Apple, NVIDIA, and Tesla, directly on-chain.

These assets are fully integrated into the same account customers already use for crypto trading. There’s no need for separate wallets, seed phrases, or bridging funds across networks.

This means:

  • Seamless access to both crypto and traditional assets

  • On-chain exposure to some of the most traded equities globally

  • A simplified experience without the fragmentation typical of traditional finance

This is a foundational step in bringing RWAs into a more accessible, crypto-native environment.

Expanding equity perpetuals contracts

We’re also growing our equity perpetuals lineup with five new contract listings:

  • iShares MSCI USA Quality Factor ETF (USAR)

  • Costco (COST)

  • Eli Lilly (LLY/USDT)

  • Hims & Hers Health (HIMS)

  • Benitec Biopharma (BMNR)

These join 27 existing contracts, including the Magnificent Seven, major semiconductor companies, and key indices. All are available 24/7, USDT-margined, and integrated into our Unified Trading Account.The goal is simple: give customers continuous access to the assets they care about.

Pre-IPO perpetual futures: what’s next

We’re also preparing to launch perpetual futures for some of the most in-demand private companies:

  • OpenAI

  • Anthropic

  • SpaceX

These contracts will provide price exposure (not ownership) allowing customers to trade on market sentiment around companies that are otherwise inaccessible.

As these companies move toward potential IPOs, contract pricing will dynamically adjust, ensuring continuity for traders.

From crypto exchange to on-chain marketplace

What it means to be a “crypto exchange” has evolved. We’re building infrastructure that connects crypto with a growing universe of on-chain assets, including tokenized equities, pre-IPO markets, and derivatives that trade around the clock.

This is an expansion of what crypto enables. Traditional assets are moving on-chain and becoming more accessible, programmable, and continuous. Our role is to make that transition seamless for customers.

One platform, expanding markets

With tokenized stocks, new equity perps, and pre-IPO exposure, we’re bringing more of the world’s financial markets on-chain — all within a single, unified experience.

This is just the beginning of how we’re expanding beyond crypto and into RWAs.

*Tokenized stocks enabled through our partnership with Ondo Finance are not available in the US, EEA, UK, Singapore, Australia, Brazil, Turkey, UAE and select other jurisdictions.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto/digital assets, or (iii) financial, accounting, legal, or tax advice. Crypto/digital asset holdings, including stablecoins, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein.

© 2025 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: “This article is © 2025 OKX and is used with permission.” Permitted excerpts must cite to the name of the article and include attribution, for example “Article Name, [author name if applicable], © 2025 OKX.” Some content may be generated or assisted by artificial intelligence (AI) tools. No derivative works or other uses of this article are permitted.

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