Ondo Finance launches Ethereum-based custodial tokenized securities solution in the United States

```htmlJinse Finance reported that Ondo Finance has announced the launch of a third-party custody tokenized securities solution in the United States, operating within the current regulatory framework. Ondo Finance has partnered with Broadridge Financial Solutions to provide comprehensive shareholder governance and voting rights support for tokenized stockholders. According to the mechanism design, the underlying stocks remain in the traditional regulated US custody system. Ondo registers a transfer agent that mints tokens at a 1:1 ratio and issues them on the Ethereum blockchain, while a compliant custody institution holds the asset backing.```