MEXC and Ondo Finance launch 7 tokenized US equities in defense and energy sectors

Crypto exchange MEXC has partnered with tokenization platform Ondo Finance to list seven tokenized US equities from the defense and energy sectors, expanding on-chain access to traditional stocks for its global user base. The products, launched on March 4, 2026, are issued as ERC‑20 tokens that trade against USDT and are designed to represent direct, audited ownership of the underlying U.S. shares held in regulated trust accounts. The new listings cover major U.S. defense and energy names, including tokenized representations of Lockheed Martin (LMTON/USDT), RTX (RTXON/USDT), BAE Systems (BBAION/USDT), Aerojet Rocketdyne (ACHRON/USDT), ConocoPhillips (COPON/USDT), Occidental Petroleum (OXYON/USDT), and an Ondo-linked equity token (ONDSON/USDT). Trading began in two tranches at 12:00 and 13:00 UTC on March 4, with withdrawals scheduled to open on March 5, and forms part of a broader expansion that has seen MEXC add multiple waves of tokenized U.S. stocks and ETFs since 2025. Strategically, the collaboration reflects the growing push to tokenize traditional financial assets and make them accessible around the clock to a global crypto-native audience. According to MEXC and Ondo, these tokenized equities aim to reduce frictions common in defense and energy names—such as wide bid‑ask spreads and limited retail access—by enabling 24/7 trading, lowering minimum position sizes, and relaxing qualified investor constraints, while still relying on regulated custody and quarterly third‑party audits to align the tokens with their underlying securities.

✨ AI-generated background, compiled from web sources — not editorial content.

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