Trust Wallet Integrates Tokenized Stocks and ETFs With Ondo Finance and 1inch
Trust Wallet, the self-custodial crypto wallet owned by Binance co-founder Changpeng “CZ” Zhao, has rolled out support for tokenized stocks and exchange-traded funds (ETFs), expanding its push into real-world assets (RWAs).
The launch, announced Wednesday, follows the company’s June disclosure of plans to introduce RWA features. The new offering allows users worldwide to access tokenized versions of major U.S. stocks and ETFs directly through the Trust Wallet platform.
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The integration is being carried out in partnership with Ondo Finance, a DeFi platform specializing in RWAs, and 1inch, a decentralized exchange aggregator.
“Integrating RWAs into self-custodial wallets is an important step in making global finance more open and efficient,” said Eowyn Chen, CEO of Trust Wallet. She added, “The bigger picture is how blockchain democratizes access to financial markets and lays the foundation for a more inclusive future of finance.”
As part of the collaboration, Ondo Finance will provide Trust Wallet with tokenized real-world assets — including stocks, ETFs, and bonds — issued on Ethereum through smart contracts.
Meanwhile, 1inch Fusion will handle liquidity and pricing to enable smooth, efficient swaps into RWAs on the platform.
According to the Trust Wallet website, access to RWA tokens will be restricted in certain jurisdictions, including the United States, the United Kingdom, and the European Economic Area (EEA). “Your swap will not go through if you reside in a region where RWA tokens are not available,” the company stated.
Trading will also follow U.S. market hours, running Monday to Friday, 1:30 pm to 8:00 pm UTC. Trust Wallet noted that swaps cannot be executed outside of these hours, but said it is tracking off-hours interest as it explores potential future features like 24/7 trading and limit orders.
Trezor Analyst Highlights Key Differences Between Crypto and RWA Custody
Lucien Bourdon, an analyst at hardware wallet maker Trezor, outlined two perspectives when it comes to combining self-custody with real-world assets (RWAs).
“If a blockchain supports RWA tokens, any self-custodial hardware wallet that supports that chain can hold them securely,” Bourdon told Cointelegraph. From the wallet’s technical standpoint, he explained, there is no difference between an RWA token and any other crypto token. He pointed out that examples such as gold-backed tokens or Treasury-backed tokens are already being stored this way.
However, Bourdon stressed a critical difference when viewed from an ownership perspective. “With cryptocurrencies, your keys equal direct ownership of the asset. With real-world assets or stablecoins, your keys secure the token, but the underlying asset remains with an issuer or custodian,” he said.