Cryptocurrency & Blockchain
Glider and Ondo launch customizable tokenized stock portfolio platform
Glider and Ondo launched a platform that lets users build and automate bespoke baskets of Ondo-issued, broker‑collateralized tokenized U.S. equities without requiring a traditional brokerage account for secondary on‑chain trading; the stack combines Glider’s orchestration and rebalancing engine with Ondo’s mint‑and‑burn tokens and Chainlink pricing to enable 24/7 execution and potential lending collateralization. The offering builds on Ondo’s distribution and plumbing — wallet and exchange integrations (MetaMask, Binance Alpha), live Chainlink feeds accounting for corporate actions, and sizable on‑chain traction — but still faces hedging, market‑making and regulatory coordination challenges because stock markets observe limited hours while crypto venues trade nonstop.