Discover how Ovando Finance is revolutionizing securities trading with tokenization. Enhance accessibility and efficiency of financial markets.
Ovando Finance has unveiled a new platform for converting US securities, including stocks, bonds, and exchange-traded funds (ETFs), into tokens. Through the introduction of ‘Ovando Global Markets’, the company offers a blockchain-based solution to tokenize financial securities, enhancing their accessibility and efficiency. The platform enables access to over 1,000 securities listed on the New York and Nasdaq stock exchanges, with each token being backed by the respective security at a 1:1 ratio. According to Ovando Finance, this platform could bring a similar transformation in the securities sector as stablecoins did for accessing the US dollar.
