Ondo Finance Expands Perps Collateral with Tokenized SpaceX and Circle Shares
Ondo Finance has officially enabled tokenized shares of Circle, SpaceX, and SanDisk as margin collateral on its perpetual protocol. Traders can now hold equity exposure while simultaneously taking leveraged positions or running basis trades onchain. The move solidifies Ondo's push toward full onchain prime brokerage as tokenized equities approach a two billion dollar market cap.
Ondo Finance is turning spot tokenized equities into high-velocity derivatives margin. The protocol has added tokenized shares of Circle, SpaceX, and SanDisk as eligible collateral on Ondo Perps, allowing traders to back leveraged positions without liquidating their equity exposure to stablecoins first.
This integration unlocks instant capital efficiency for institutional players and basis traders onchain. Investors can now maintain long spot exposure to private growth equity or tech stocks while shorting perpetual contracts on the same venue to harvest positive funding rates.
The update marks another step in the rapid scaling of real-world asset protocols. With tokenized equities now exceeding one point eight billion dollars in total market cap and Ondo holding nearly one billion dollars in tokenized stocks across Ethereum, Solana, and BNB Chain, RWA collateral is moving beyond simple credit pools into live, active leverage engines.