MetaMask Tokenized US Stocks and ETFs launched through Ondo
MetaMask, a self-protecting crypto wallet developed by Ethereum software company Consensys, is distributing tokenized US stocks, currencies and commodities through Ondo Global Markets.
Starting Tuesday, eligible Metamask users in non-US countries will be able to access 200 tokenized US stocks, ETFs and commodities like gold and silver on the Ethereum network, the company said in a statement to Cointelegraph.
The offering allows users to exchange Circle's USDC (USDC) stablecoin for Ondo Global Markets (GM) tokens and track their token holdings on a 1:1 basis through MetaMask Swaps.
Ondo Finance previously attracted attention for its partnership with World Freedom Financial (WLFI), a crypto project backed by US President Donald Trump. According to CoinGecko data, Ondo's native token, Ondo, has fallen by 80% in the past year.
Desktop support is expected at the end of February
MetaMask's token asset offering will initially be available only on MetaMask Mobile, with desktop integration coming with a browser extension by the end of February, a Consense spokesperson told Cointelegraph.
“Access to US markets still works through old rails,” said Ethereum founder and Consensus CEO Joe Lubin, highlighting the fragmented applications and rigid trading windows in traditional markets.
Lubin added: “Bringing US stocks and ETFs that hold the Ondon token directly to MetaMask shows what a better model would look like.”
“A single, self-maintaining wallet where people can move between crypto and traditional assets without intermediaries and control. That's what we're actively building in the future at MetaMask.”
30 regions were excluded from the plan.
Given Ondo's focus on offering tokenized assets primarily to non-US investors, Metamask's release excludes users in the US and many other markets.
The offer is not available in 30 countries and territories, including Canada, the European Economic Area and the United Kingdom.
“MetaMask uses several methods to ensure that geo-restrictions are applied, including geo-restrictions based on the user's IP address,” a Consense spokesperson told Cointelegraph.
If the user is found to be in a restricted area, they will receive an error message stating that the business line is not available, the representative said:
“MetaMask continues to explore compliant ways to expand global access to real-world assets in line with evolving regulatory frameworks.
RWA trend growth and market integration forecast
MetaMask's move to real-world assets (RWAs) underscores the industry's broader push toward an “everything app” vision, with exchanges and self-sustaining wallets increasingly integrating real-world assets and prediction markets.
Coinbase, the largest American crypto exchange by trading volume, announced late last year that it was developing its own RWA platform, Coinbase Tokenize.
Related: SEC Issues Guidance on Issuer and Third-Party Tokenized Securities
Trust Wallet, backed by Binance co-founder Changpeng “CZ” Zhao, a self-custodial wallet with tokenized assets integrated by Ondo in September 2025.
Both companies have expanded into prediction markets, with Coinbase integrating Kalshi and Trust Wallet tapping Myriad for its first startup.
In October 2025, MetaMask will partner with Polymarket to offer prediction markets on the MetaMask mobile app.
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