Ondo Finance Launches First-Ever Custodial Tokenized Securities in the U.S.
Ondo Finance July 2, 2026: first live third-party tokenized US securities within existing regulatory perimeter. BlackRock iShares Core S&P 500 ETF (IVV) and Micron (MU) tokenized on Ethereum. SEC January 2026 custodial model: third party holds shares, Oasis Pro TA (SEC-registered transfer agent, Ondo subsidiary) mints 1:1 tokens. Broadridge provides proxy voting via ProxyVote.com. Transfer restrictions enforced by broker-dealer, transfer agent, custodian.