Campbells is proud to have advised Ondo Finance and the Ondo Foundation on the launch of Ondo Global Markets – bringing 100+ tokenised U.S. stocks and ETFs on-chain, live on Ethereum 24/7. Guy Williamson, Richard Spencer, and the wider FinTech team advised on the BVI structuring and regulatory considerations for this milestone on-chain capital markets product.
As Ondo puts it: “What stablecoins have done for dollars, Ondo is doing for securities.”
“Ondo Global Markets is a step-change for capital markets and we are pleased that the BVI has been pivotal in making that innovation institutionally viable. With a pragmatic VASP regime and flexible and cost-efficient structuring the BVI enables speed-to-market without compromising on governance or compliance. It’s the combination of cutting-edge technology with a jurisdiction that understands how to regulate it that makes this launch so exciting,” said Guy Williamson, FinTech Partner.
Why the BVI is at the forefront of tokenisation
The British Virgin Islands stands out as a premier jurisdiction and at the forefront for tokenisation and the Ondo Global Markets product is a perfect example of this. The BVI is demonstrating its clear, pragmatic Virtual Asset Service Provider regime and regulatory guidance for supporting virtual asset activity and is well-suited to tokenizing equities, funds and other RWAs. If you’re exploring tokenised assets, our BVI FinTech team would be glad to help.
Campbells’ Blockchain & FinTech practice, led by FinTech Partner Richard Spencer, holds a leading position in the market. We have advised many high-profile and innovative international businesses in this space, including crypto exchanges, token issuers, and investment funds.
For further information, visit our Blockchain & FinTech page.