Update (Feb. 4, 07:00 am UTC): This article was updated to note Ondo’s partnership with Blockchain.com.
MetaMask, the self‑custodial wallet from Consensys, is adding access to tokenized U.S. stocks, exchange‑traded funds and commodities through a partnership with Ondo Global Markets. Beginning Tuesday, eligible MetaMask users outside the United States will be able to trade roughly 200 tokenized U.S. equities, ETFs and commodities such as gold and silver on the Ethereum network.
The feature is available first on MetaMask mobile and will appear in MetaMask Swaps. Users convert Circle’s USDC into Ondo Global Markets (GM) tokens, which are designed to track the corresponding underlying assets on a 1:1 basis. A desktop browser extension rollout is planned by the end of February, according to Consensys.
Ondo Finance has previously attracted attention for its collaboration with World Liberty Financial (WLFI), a project linked to former U.S. President Donald Trump. Ondo’s native token, ONDO, has fallen about 80% over the past year, per CoinGecko.
Consensys framed the move as part of a larger shift away from legacy market rails that rely on fragmented apps and narrow trading windows. Joe Lubin, Ethereum co‑founder and Consensys CEO, said integrating Ondo’s tokenized stocks and ETFs into a single, self‑custodial wallet enables users to move between crypto and traditional assets without intermediaries and without surrendering custody.
Geographical restrictions and compliance
The rollout targets non‑U.S. investors and excludes users in the United States and about 30 other jurisdictions, including Canada, the European Economic Area and the United Kingdom. MetaMask enforces these limits with measures such as IP‑based checks; users in restricted regions attempting a trade will receive an error noting the route is unavailable. Consensys said it is “continuing to explore compliant ways to expand global access to tokenized real‑world assets in line with evolving regulatory frameworks.”
RWA momentum and partnerships
MetaMask’s move is part of a broader industry push to bring real‑world assets (RWAs) on‑chain and embed them in “everything apps.” On the same day as MetaMask’s announcement, Blockchain.com announced a partnership with Ondo to introduce tokenized RWAs to the European market. Other firms are advancing similar projects: Coinbase is developing an RWA platform called Coinbase Tokenize, and Trust Wallet integrated Ondo tokenized assets in September 2025.
Prediction market integrations are also expanding across wallets and exchanges: Coinbase partnered with Kalshi, Trust Wallet integrated Myriad, and MetaMask added Polymarket to its mobile app in October 2025.
Regulatory context
These product launches come amid changing regulatory guidance. The U.S. Securities and Exchange Commission has published analyses distinguishing issuer‑provided tokenized securities from third‑party offerings, a framework market participants are monitoring closely as RWA products expand.
Readers should independently verify details as companies continue to update integrations and regulatory interpretations evolve.