TLDR
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Ondo is launching IVV and Micron tokenized shares under the Securities and Exchange Commission (SEC) framework.
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The token securities remain backed 1:1 by shares owned in the United States.
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Broadridge adds proxy voting tools for Ondo token holders.
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Ondo uses Ethereum while keeping assets in regulated custody.
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The launch expands Ondo’s efforts in the US towards tokenized securities.
Ondo has launched tokenized issues of BlackRock’s iShares Core S&P 500 ETF and Micron shares in the US market. The launch uses a third-party custodial structure described by the SEC in January 2026. The move brings tokenized US securities into the regulated market infrastructure.
Ondo offers IVV token to US chain of custody
Ondo It has issued a token version of BlackRock’s iShares Core S&P 500 ETF on Ethereum. The product tracks IVV, one of the largest exchange-traded funds linked to the S&P 500. The underlying ETF shares remain within the traditional U.S. custodial system.
Oasis Pro TA, a subsidiary of Ondo’s SEC-registered transfer agent, issues the relevant tokens. Each token has a 1:1 backing by the underlying ETF shares. Regulated custodians hold the tokens, while traditional custodians hold the actual securities.
The structure follows the SEC’s January 2026 statement regarding tokenized securities. This statement described a model in which a third party holds securities and issues related crypto assets. Ondo used this framework to launch a tokenized ETF product in the United States.
Ondo adds Micron shares to token stock batch
Ondo also launched a tokenized version of Micron shares under the same structure. Micron The shares remain within the normal chain of custody in the United States. The related tokens give their holders exposure through Ethereum-based ledgers.
Micron’s product expands Ondo’s move toward tokenized shares and regulated market access. The model avoids overseas issuance and does not rely on individual issuer sponsorship. It works through existing brokers, transfer agents, and custody arrangements.
Transfer rules apply through participating brokers, custodians and transfer agents. These controls help conform token activity to current regulatory requirements. As a result, Ondo connects blockchain settlement tools with established securities infrastructure in the US.
Broadridge supports voting rights for token holders
Broadridge is supporting the launch by providing governance tools to token holders. Token holders can receive issuer communications and regulatory disclosures through established channels. They can also use ProxyVote.com to vote by proxy on-chain.
Ondo Holders of said token receive shareholder rights and protections similar to brokerage account holders. These rights include issuer updates and voting access associated with the underlying securities. The setup gives tokenized securities a stronger connection to overall market governance.
The launch also adds context to Ondo’s broader real-world asset strategy. Outside the US, its global markets platform supports more than $1 billion in tokenized securities. This platform covers over 430 stocks and ETFs across supported markets.
Ondo has also expanded through partnerships in recent months. In June, I worked with Exodus to launch Exodus Markets on Solana. The platform gives eligible users access to tokenized stocks, ETFs, and real assets.
The latest launch positions Ondo deeper within the US tokenization market. It combines Ethereum-based issuance with traditional custody, voting, and compliance systems. The result gives tokenized securities a clearer path under current US market rules.
