Exodus Movement Inc. (NYSE American: EXOD), a publicly traded financial technology company and developer of the Exodus wallet, has partnered with Ondo Finance to launch Exodus Markets, a platform for trading tokenized assets.

 

 

With Exodus Markets, users can now buy and sell more than 200 tokenized stocks, exchange-traded funds (ETFs), and real-world assets directly in the Exodus wallet app on the Solana blockchain.

 

"Tokenized stocks are one of the most important developments in modern finance," said JP Richardson, CEO and co-founder of Exodus.

 

"For the first time, our customers can trade and hold tokenized equities with the same direct control and global access they expect from crypto. Exodus is becoming the front door to every asset you hold, without compromising on trust and control."

 

The launch of Exodus Markets aligns with Exodus’s goal of transforming from a custodial wallet into a full financial platform that allows users to trade, earn rewards, send, spend, and manage money.

 

As part of its efforts to become a comprehensive financial app, Exodus launched Exodus Pay, a self-custodial payment feature within the Exodus app that enables users to transact with digital assets, including stablecoins, for everyday purchases. The company also launched XO Cash, a stablecoin pegged to the U.S. dollar.

 

The Tokenization Space

The tokenization space, particularly real-world assets (RWAs), has experienced significant growth over the past 1 to 2 years. Excluding stablecoins, the tokenization sector grew from roughly $5 billion to $6 billion at the start of 2025 to $27 billion to $31 billion or more by mid 2026, representing an increase of more than 400% over a period of 15 to 18 months.

 

Several institutions are also entering this growing sector, with Bitget most recently launching Reality, its real-world asset (RWA) platform. Kraken has also launched xChange, an on-chain trading engine designed for trading tokenized equities. MetaMask, Trust Wallet, Blockchain.com, and Robinhood have also made strategic moves to enter the sector, partnering with RWA firms and rolling out tokenized assets and stocks.

 

Given the level of growth and adoption the real-world asset and tokenization sector has seen so far, several projections have been made regarding its future potential. The Boston Consulting Group and Ripple have projected that the sector could be worth more than $15 trillion by 2030.