Ondo Wins Liechtenstein Approval to Offer Tokenized Stocks in Europe

Why It Matters

The clearance gives Ondo a gateway to the European retail market, potentially expanding on‑chain access to US equities and boosting adoption of tokenized assets, while highlighting the growing regulatory convergence under MiCA across Europe.

Summary

US‑based tokenization platform Ondo Global Markets has secured approval from the Liechtenstein Financial Market Authority to launch tokenized stocks and ETFs across the European Economic Area, covering 30 countries and over 500 million investors. The approval leverages Liechtenstein’s passporting regime under the EU‑wide MiCA framework, allowing Ondo to operate within a unified, regulated European environment. The move follows a recent partnership with BX Digital to enable tokenized‑stock trading in Switzerland and comes as EU regulators debate central oversight of crypto‑asset service providers.