
Metamask, the popular self-custody wallet announced it now supports tokenized U.S. stocks, ETFs, and commodities through an integration with Ondo Global Markets. For eligible users outside the United States, this means exposure to names like Apple, Tesla, Nvidia, major index ETFs, and even gold and silver, all from inside the MetaMask wallet.
It is one of the clearest signals yet that tokenized real-world assets are moving from theory into everyday crypto products.
The new offering includes more than 200 tokenized securities at launch. These tokens track the price of publicly traded U.S. stocks, ETFs, and commodity funds. Users can buy them with stablecoins, hold them in their wallet, and transfer them onchain just like any other ERC-20 token.
These are not shares in the legal sense. Holding a tokenized stock does not give voting rights or direct ownership of the underlying equity. Instead, the tokens provide economic exposure to the price movements of the asset, backed by traditional market infrastructure on the other side.
For many crypto users, that distinction may matter less than the experience itself. The ability to gain U.S. market exposure without opening a brokerage account or leaving a self-custodial wallet is the real draw.
The integration runs through MetaMask Swaps, meaning users do not need to leave the wallet or interact with unfamiliar interfaces. Trades are executed onchain, while pricing and asset backing are handled through Ondo’s infrastructure.
Minting and redemption of the tokens generally follow U.S. market hours, reflecting how the underlying assets trade in traditional markets. Transfers between wallets, however, can happen at any time. That hybrid setup blends old market rules with blockchain flexibility, even if it is not fully 24/7 trading yet.
Fractional exposure is also built in, allowing users to buy small amounts of high-priced stocks or ETFs without committing large sums of capital.
Access is limited to eligible users in supported jurisdictions outside the U.S. and several other regions. Regulatory restrictions around securities remain a major factor, and MetaMask has been clear that availability depends on local rules.
For now, the product is primarily aimed at international users who want U.S. market exposure without navigating the friction of legacy brokerage systems.
This move highlights how quickly real-world assets are becoming part of the crypto stack.
For years, tokenized stocks were discussed as a future use case. Today, they are appearing inside one of the most widely used wallets in the industry. That changes the conversation. Instead of asking whether tokenization will happen, the focus shifts to how fast it scales and how regulators respond.
It also reframes MetaMask’s role. The wallet is no longer just a gateway to DeFi and NFTs. It is starting to look more like a universal financial interface, one that sits between crypto markets and traditional assets.
For users, the appeal is simplicity. One wallet, one interface, exposure to crypto, equities, ETFs, and commodities. No bank logins, no brokerage apps, no asset silos.
MetaMask’s integration with Ondo fits into a broader push across the industry. Tokenization is being explored by crypto-native firms, fintech platforms, and even large financial institutions. The idea is straightforward. Traditional markets are slow, fragmented, and geographically constrained. Blockchains promise faster settlement, global access, and programmable assets.
Tokenized real-world assets already represent tens of billions of dollars in value, and many expect that number to grow sharply if regulatory clarity improves.
Still, challenges remain. Regulatory uncertainty is the biggest one. Liquidity and pricing ultimately depend on traditional markets. And for some investors, the lack of shareholder rights will always be a drawback.
Ondo has said it plans to expand its catalog to thousands of assets over time. If that happens, wallets like MetaMask could become primary access points for global capital markets, especially in regions underserved by traditional finance.
For now, the launch marks a clear trend. Crypto wallets are no longer just about holding crypto. They are becoming portals into the broader financial system, one token at a time.