Update (Feb. 4, 07:00 am UTC): This article has been updated to include Ondo’s partnership with Blockchain.com
MetaMask, the self‑custodial crypto wallet from Consensys, is launching access to tokenized U.S. stocks, exchange‑traded funds and commodities through Ondo Global Markets.
Starting Tuesday, eligible MetaMask users outside the United States will be able to access about 200 tokenized U.S. stocks, ETFs and commodities such as gold and silver on the Ethereum network, Consensys said. The offering lets users acquire tokenized assets in MetaMask Swaps by converting Circle’s USDC stablecoin into Ondo Global Markets (GM) tokens, which are intended to track their underlying assets on a 1:1 basis.
Ondo Finance has previously drawn attention for its collaboration with World Liberty Financial (WLFI), a project tied to former U.S. President Donald Trump. Ondo’s native token, ONDO, has dropped roughly 80% over the past year, according to CoinGecko data.
Desktop integration expected late February
The asset offering will be available first on MetaMask mobile, with a browser extension rollout for desktop planned by the end of February, a Consensys spokesperson told Cointelegraph.
“Access to US markets still runs through legacy rails,” said Joe Lubin, Ethereum co‑founder and Consensys CEO, noting fragmented apps and limited trading windows in traditional markets. He added that bringing Ondo’s tokenized stocks and ETFs into MetaMask demonstrates a superior model: “A single, self‑custodial wallet where people can move between crypto and traditional assets without intermediaries and without giving up control. That’s the future we’re actively building toward at MetaMask.”
Geographical restrictions and compliance
MetaMask’s rollout aligns with Ondo’s focus on offering tokenized assets primarily to non‑U.S. investors. The launch will exclude users in the U.S. and 30 other jurisdictions, including Canada, the European Economic Area and the United Kingdom. MetaMask enforces geographical restrictions using methods such as IP‑based checks; users in restricted regions attempting a trade will see an error message that the trade route is unavailable, a Consensys spokesperson said.
“MetaMask is continuing to explore compliant ways to expand global access to tokenized real‑world assets in line with evolving regulatory frameworks,” the company added.
RWA momentum and prediction market integrations
MetaMask’s move into tokenized real‑world assets (RWAs) reflects a wider industry push toward “everything apps,” with exchanges and self‑custodial wallets increasingly integrating tokenized assets and prediction markets. On the same day, Blockchain.com announced a partnership with Ondo to bring tokenized RWAs to the European market.
Other firms are advancing similar efforts: Coinbase revealed late last year it is developing an RWA platform called Coinbase Tokenize. Trust Wallet integrated Ondo’s tokenized assets in September 2025. Prediction market integrations are also expanding — Coinbase partnered with Kalshi, Trust Wallet tapped Myriad, and MetaMask partnered with Polymarket in October 2025 to add prediction markets to its mobile app.
Regulatory context
The developments come amid evolving regulatory guidance. The U.S. Securities and Exchange Commission has issued analysis distinguishing issuer‑provided tokenized securities from third‑party offerings, a framework that industry participants are watching closely as they expand RWA products.
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