3 hours ago

Glider, Ondo launch platform for custom tokenized stock portfolios

Glider, Ondo launch platform for custom tokenized stock portfolios

The platform lets investors create and rebalance onchain equity portfolios while directly holding the underlying assets.

Glider and Ondo Finance have introduced a platform to let retail investors build and automate custom portfolios of tokenized US stocks, offering direct exposure to equities without a brokerage account.

According to the announcement, the platform allows users to create personalized baskets of onchain stocks that track real-world assets, removing the need for wallets, gas fees or manual transaction management.

Glider co-founder and CEO Brian Huang told Cointelegraph that unlike traditional exchange-traded funds, which bundle assets into fixed products, the platform lets users construct index-like portfolios with custom weightings that are automatically maintained, avoiding reliance on pooled products.

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Source: Cointelegraph →