Ondo and Glider's tokenized Magnificent 7.

On June 17, Ondo Global Markets and Glider launched a portfolio holding the seven largest US tech stocks as tokens on a public blockchain, open to investors almost anywhere. Most of the world cannot easily buy these shares through a brokerage.

A tokenized stock stands in for one real share. Ondo holds the actual share and issues a token backed one to one against it. Holders own each stock directly, not a slice of a fund, and the token settles on-chain in seconds.

On-chain, settlement is instant and global. The network does not check that the real share exists or that you can redeem it. That guarantee lives off-chain, with the issuer and its custodian.