Trust Wallet Adds Tokenized US Stocks and ETFs to Its Platform
Trust Wallet, a self-custodial Web3 wallet used by over 200 million people, has added tokenized real-world assets to its platform. The update allows users to access tokenized U.S. stocks and exchange-traded funds (ETFs), giving them a way to engage with traditional financial markets directly through the wallet. This move follows an earlier announcement in June when Trust Wallet revealed its plans to expand into real-world assets, signaling a step toward connecting blockchain technology with conventional finance.
In brief
- Trust Wallet now lets users trade tokenized real-world assets, including US stocks and ETFs.
- Users can access, store, and manage tokenized assets directly from their smartphones.
- Access is limited by region; not available in the US, UK, or EU; trading aligns with US market hours.
Accessing Tokenized Stocks and ETFs on Trust Wallet
The tokenized RWAs are digital tokens that mirror the price movements of major U.S. stocks and ETFs. They are issued and maintained by third-party providers through smart contracts. Each token is designed to track the value of its underlying asset, giving users exposure to traditional financial markets in a tokenized form.
With this update, users can now access, store, and trade tokenized RWAs directly on Trust Wallet. The company emphasizes that anyone with a smartphone can gain exposure to these assets without needing a bank or brokerage account.
To make this possible, Trust Wallet has partnered with Ondo Finance and 1inch to provide tokenized real-world assets and a seamless trading experience:
- Ondo Finance supplies tokenized stocks, ETFs, and bonds issued through smart contracts that track the prices of the underlying assets with transparency on the blockchain.
- These tokenized assets are initially issued on Ethereum, with support for Solana planned in the future.
- Trust Wallet integrates the 1inch Swap API to make transactions and interactions with tokenized assets simple and secure.
Regional Access and Market Availability
According to Trust Wallet’s announcement on their X platform, the availability of tokenized RWAs is limited by region. They are not accessible to users in the United States, including “U.S. persons,” the United Kingdom, or countries within the European Union. Trading is available 24 hours a day, five days a week, following U.S. market hours.
Transactions made outside these hours will not be executed, as the platform depends on market liquidity.
Eowyn Chen, CEO of Trust Wallet, said that adding RWAs to self-custodial wallets is a key move toward more open and accessible global finance. She added that “the bigger picture is how blockchain democratizes access to financial markets and lays the foundation for a more inclusive future of finance.”
By providing tokenized versions of stocks and ETFs, Trust Wallet allows users worldwide to interact with traditional financial instruments in a decentralized, blockchain-based environment.
Trust Wallet highlighted that this rollout makes it the first self-custody wallet to offer tokenized RWAs across blockchains. The platform begins on Ethereum and plans to expand to additional networks and partners over time. This launch reflects Trust Wallet’s broader ambition to grow into a full-service self-custodial hub, where tokenized assets are offered alongside other Web3 features.
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Ifeoluwa specializes in Web3 writing and marketing, with over 5 years of experience creating insightful and strategic content. Beyond this, he trades crypto and is skilled at conducting technical, fundamental, and on-chain analyses.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.