We are excited to announce that Bitrue is launching Ondo tokenized stocks — a new category of onchain assets that brings U.S. equity exposure to the blockchain. Starting this week, Bitrue users can trade tokenized versions of some of the world's most recognized stocks and ETFs, issued by Ondo Global Markets (BVI) Limited via the Ondo Global Markets platform.

What Are Ondo Tokenized Stocks?

Ondo tokenized stocks are blockchain tokens that provide holders with the same economic exposure as owning the underlying publicly traded security and reinvesting any dividends back into the stock (net of applicable withholding tax). They are designated by the "on" suffix — for example, the tokenized version of NVIDIA (ticker: NVDA) is called NVDAon, and the tokenized S&P 500 ETF (SPY) is called SPYon.

Issued by Ondo Global Markets (BVI) Limited and powered by the Ondo Global Markets platform, these tokens are fully backed by the underlying assets. They are designed to be as liquid as the underlying securities and are available for trading 24 hours a day, 5 days a week.

Key Features

• Full backing: Each token is fully backed by the corresponding underlying asset, held at regulated U.S. entities with daily attestations.

• Total return structure: Dividends and distributions from underlying securities are reflected in token value (net of withholding tax) per Ondo’s product terms.

• Instant settlement: Buy and sell atomically — no waiting for T+1 or T+2 settlement.

• No mint/burn fees: The quoted price is the price you pay or receive.

• Fractional trading: Purchase any fraction of a token.

• DeFi compatible: Ondo tokenized stocks can be used in supported DeFi protocols.

• Available on Ethereum, BNB Chain, and Solana.

Available Ondo Tokenized Stocks at Launch

How Do Dividends Work?

Ondo tokenized stocks are structured as total return trackers. This means that when the underlying asset pays a dividend or cash distribution, that value is not paid out directly to token holders. Instead, it is reinvested back into the underlying asset, and reflected in the token’s price over time. This results in a single token potentially providing economic exposure to more than one share of the underlying security over time.

All dividend and corporate action treatment follows Ondo Global Markets’ product terms and conditions. Withholding taxes applicable to dividends are deducted before reinvestment. Holders should review Ondo’s fee and tax documentation at docs.ondo.finance for full details.

Important Differences from Traditional Stock Ownership

• No shareholder registration: Ondo tokenized stocks are not registered in the holder’s personal name in the traditional stock registry system.

• No voting rights: Holders do not receive voting rights or other traditional shareholder privileges.

• Economic exposure: Holdings provide economic exposure to the underlying asset, not direct legal title.

• Eligible investors: Generally available to non-U.S. investors, subject to jurisdictional and other eligibility restrictions.

Where to Trade

Ondo tokenized stocks are now available to trade on Bitrue. Bitrue is a global cryptocurrency exchange and one of the first platforms to launch Ondo tokenized stocks, giving its users direct onchain exposure to U.S. equities without the need to open a traditional brokerage account or convert to fiat currency. Users can buy, hold, and sell these tokens directly on Bitrue using supported stablecoins.

Who Issues These Tokens?

Ondo tokenized stocks are offered by Ondo Global Markets (BVI) Limited (the "Issuer"). Ondo supports the Issuer, including by powering the Ondo Global Markets platform. For further information, please see the offering documents associated with each Ondo tokenized stock, available at docs.ondo.finance.

NVDAon — Tokenized Stock

NVIDIA Corporation | NVDA | NASDAQ

About NVIDIA Corporation

NVIDIA Corporation (NASDAQ: NVDA) is the world's leading designer of graphics processing units (GPUs) and system-on-chip units. Originally known for gaming graphics cards, NVIDIA has become the dominant force in artificial intelligence infrastructure. Its data center segment, powered by the H100 and Blackwell GPU architectures, supplies the computational backbone for the world's largest AI models. NVIDIA also develops the CUDA parallel computing platform, making it the industry standard for deep learning workloads. With a market capitalization consistently above $3 trillion, NVIDIA is one of the most valuable companies in the world.

Why NVDAon?

NVIDIA sits at the intersection of AI, cloud computing, and advanced semiconductors—three of the most powerful structural growth trends of the coming decade. Its pricing power, high margins, and ecosystem lock-in through CUDA have made it a staple in institutional and retail portfolios globally. NVDAon brings this exposure onchain, allowing crypto-native investors to hold NVIDIA economic exposure without converting to fiat or opening a brokerage account.

How It Works

NVDAon is a total return tracker. It is fully backed by NVDA shares held at regulated U.S. custodians. When NVDA pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one NVDAon may represent the economic equivalent of more than one NVDA share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.

SPYon — Tokenized ETF

SPDR S&P 500 ETF Trust | SPY | NYSE Arca

About SPDR S&P 500 ETF Trust

The SPDR S&P 500 ETF Trust (NYSE Arca: SPY) is the world's largest and most liquid exchange-traded fund, with assets under management exceeding $500 billion. Launched in 1993 as the first U.S.-listed ETF, SPY tracks the S&P 500 Index—a market-capitalization-weighted index of 500 leading publicly traded companies in the United States. It spans 11 sectors including technology, healthcare, financials, consumer discretionary, and industrials, offering broad diversification across the U.S. economy in a single instrument. SPY is the benchmark for U.S. equity performance and is used by institutions, hedge funds, and retail investors worldwide.

Why SPYon?

SPY offers instant, cost-efficient diversification across the 500 largest U.S. companies. Historically, the S&P 500 has delivered average annual returns of approximately 10% over the long term, making it the gold standard for passive equity investing. SPYon brings this flagship ETF onchain for the first time, enabling blockchain-native investors to capture broad U.S. market exposure with 24/5 trading and no brokerage account required.

How It Works

SPYon is a total return tracker. It is fully backed by SPY shares held at regulated U.S. custodians. When SPY pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one SPYon may represent the economic equivalent of more than one SPY share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.

QQQon — Tokenized ETF

Invesco QQQ Trust | QQQ | NASDAQ

About Invesco QQQ Trust

The Invesco QQQ Trust (NASDAQ: QQQ) tracks the Nasdaq-100 Index, which comprises the 100 largest non-financial companies listed on the NASDAQ Stock Market. The fund is heavily weighted toward technology and innovation-driven sectors, with top holdings including Apple, Microsoft, NVIDIA, Amazon, Meta, Alphabet, Tesla, and Broadcom. QQQ has consistently outperformed the broader S&P 500 over the past decade, driven by the dominance of mega-cap technology companies. With over $300 billion in assets under management, QQQ is one of the most traded ETFs in the world.

Why QQQon?

QQQ provides concentrated exposure to the technology and innovation economy—sectors that have driven the majority of U.S. equity gains over the past decade. It serves as a go-to instrument for investors who want tech-tilted growth in a diversified, liquid format. QQQon makes this powerhouse ETF accessible onchain, enabling DeFi users and crypto-native investors to capture Nasdaq-100 performance without leaving the blockchain ecosystem.

How It Works

QQQon is a total return tracker. It is fully backed by QQQ shares held at regulated U.S. custodians. When QQQ pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one QQQon may represent the economic equivalent of more than one QQQ share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.

GOOGLon — Tokenized Stock

Alphabet Inc. Class A | GOOGL | NASDAQ

About Alphabet Inc. Class A

Alphabet Inc. (NASDAQ: GOOGL) is the parent company of Google, the world's most widely used search engine, as well as YouTube, Google Cloud, Android, Google Maps, and Waymo (autonomous vehicles). Alphabet generates the majority of its revenue from digital advertising through Google Search and YouTube, while its Google Cloud segment is a fast-growing contributor. With over $300 billion in annual revenue and a market cap among the top five globally, Alphabet is one of the most diversified technology conglomerates in the world. The company is also a leader in artificial intelligence, with projects including Gemini, DeepMind, and Google Brain.

Why GOOGLon?

Alphabet's core advertising business generates massive free cash flow, while Google Cloud and AI initiatives provide substantial growth runways. Its dominant position in search, video, and mobile operating systems creates near-unassailable competitive moats. GOOGLon brings Alphabet's diversified tech exposure onchain, giving blockchain investors access to one of the world's most profitable and innovative technology companies.

How It Works

GOOGLon is a total return tracker. It is fully backed by GOOGL shares held at regulated U.S. custodians. When GOOGL pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one GOOGLon may represent the economic equivalent of more than one GOOGL share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.

MSFTon — Tokenized Stock

Microsoft Corporation | MSFT | NASDAQ

About Microsoft Corporation

Microsoft Corporation (NASDAQ: MSFT) is a global technology leader and one of the two most valuable companies in the world. Its business spans three major segments: Productivity and Business Processes (Office 365, Teams, LinkedIn, Dynamics), Intelligent Cloud (Azure, Windows Server, SQL Server), and More Personal Computing (Windows, Xbox, Surface, Bing). Microsoft's Azure cloud platform is the world's second-largest cloud provider and is growing rapidly, driven by AI integration through its partnership with OpenAI. Microsoft has embedded Copilot AI assistants across its entire product ecosystem, making it one of the best-positioned companies for the AI monetization wave.

Why MSFTon?

Microsoft combines the reliability of a mature cash-flow machine with some of the most exciting AI growth opportunities in the market. Its deep enterprise relationships, recurring subscription revenue, and Azure growth make it a core holding in virtually every institutional portfolio. MSFTon enables crypto investors to hold Microsoft economic exposure natively on blockchain infrastructure.

How It Works

MSFTon is a total return tracker. It is fully backed by MSFT shares held at regulated U.S. custodians. When MSFT pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one MSFTon may represent the economic equivalent of more than one MSFT share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.

AAPLon — Tokenized Stock

Apple Inc. | AAPL | NASDAQ

About Apple Inc.

Apple Inc. (NASDAQ: AAPL) is the world's most recognizable consumer technology brand, consistently ranking as the most or second-most valuable company globally. Its product ecosystem—including iPhone, iPad, Mac, Apple Watch, and AirPods—generates over $380 billion in annual revenue. Beyond hardware, Apple's Services segment (App Store, Apple Music, iCloud, Apple Pay, Apple TV+) is growing rapidly and now contributes over 25% of gross profit. Apple's vertically integrated approach, combining proprietary silicon (M-series and A-series chips), software (iOS, macOS), and a tightly controlled distribution network, creates unparalleled customer loyalty and pricing power.

Why AAPLon?

Apple is the world's premier consumer franchise with 2 billion active devices and one of the strongest brand moats in corporate history. Its growing services revenue stream is high-margin and recurring, while its hardware cycles generate predictable consumer demand. AAPLon gives blockchain users direct economic exposure to Apple's performance, including dividend reinvestment, without any fiat conversion or brokerage account.

How It Works

AAPLon is a total return tracker. It is fully backed by AAPL shares held at regulated U.S. custodians. When AAPL pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one AAPLon may represent the economic equivalent of more than one AAPL share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.

METAon — Tokenized Stock

Meta Platforms Inc. | META | NASDAQ

About Meta Platforms Inc.

Meta Platforms Inc. (NASDAQ: META) is the world's largest social networking company, operating Facebook, Instagram, WhatsApp, and Messenger—platforms collectively used by over 3.2 billion people daily. Meta generates most of its revenue through highly targeted digital advertising powered by its vast user data and AI-driven ad-placement algorithms. The company has also made significant investments in artificial intelligence (including its open-source LLaMA models), augmented reality (Ray-Ban smart glasses), and virtual reality (Quest headsets), positioning itself for the next wave of computing platforms. After a major restructuring and cost optimization in 2023, Meta has returned to strong profit growth, making it one of the most improved mega-cap technology stocks.

Why METAon?

Meta's advertising machine generates extraordinary margins, and its AI investments are paying off through better ad targeting, engagement, and product development. With billions of users across its family of apps and an aggressive AI push, Meta is one of the best-positioned companies in digital media. METAon delivers this exposure onchain for crypto-native investors seeking U.S. tech equity returns.

How It Works

METAon is a total return tracker. It is fully backed by META shares held at regulated U.S. custodians. When META pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one METAon may represent the economic equivalent of more than one META share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.

AMZNon — Tokenized Stock

Amazon.com Inc. | AMZN | NASDAQ

About Amazon.com Inc.

Amazon.com Inc. (NASDAQ: AMZN) is a global conglomerate spanning e-commerce, cloud computing, digital advertising, logistics, and entertainment. Amazon Web Services (AWS) is the world's largest cloud platform with over $100 billion in annual revenue and industry-leading profitability. Amazon's retail operations—including its marketplace, fulfillment network, and Prime subscription—serve hundreds of millions of customers worldwide. The company has also become a major force in digital advertising, now the third-largest ad platform globally. Amazon's AI capabilities span AWS, Alexa, and Bedrock, making it a central player in enterprise AI adoption.

Why AMZNon?

Amazon is arguably the most diversified major technology company, with AWS as a profit engine and retail as a massive distribution and advertising flywheel. Its infrastructure advantages, logistics moat, and cloud market leadership make it a long-term compounder. AMZNon enables blockchain investors to participate in Amazon's multi-business performance onchain, with dividends reinvested automatically per Ondo's total-return structure.

How It Works

AMZNon is a total return tracker. It is fully backed by AMZN shares held at regulated U.S. custodians. When AMZN pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one AMZNon may represent the economic equivalent of more than one AMZN share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.

IVVon — Tokenized ETF

iShares Core S&P 500 ETF | IVV | NYSE Arca

About iShares Core S&P 500 ETF

The iShares Core S&P 500 ETF (NYSE Arca: IVV), managed by BlackRock, tracks the S&P 500 Index and is one of the world's largest ETFs with over $500 billion in assets under management. Like SPY, IVV provides broad exposure to 500 leading U.S. companies, but offers one of the lowest expense ratios in the category (0.03%), making it a favored vehicle for long-term passive investors. IVV is known for tight bid-ask spreads, excellent tracking accuracy, and strong institutional backing from BlackRock, the world's largest asset manager. Dividends are distributed quarterly based on the dividends paid by underlying index components.

Why IVVon?

IVV is the institutional-preferred vehicle for S&P 500 exposure, combining near-zero costs with BlackRock's operational excellence. For long-term investors, its low expense ratio and high liquidity make it an optimal core portfolio holding. IVVon tokenizes this flagship index fund, letting onchain investors capture broad U.S. equity returns with the benefit of 24/5 blockchain liquidity.

How It Works

IVVon is a total return tracker. It is fully backed by IVV shares held at regulated U.S. custodians. When IVV pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one IVVon may represent the economic equivalent of more than one IVV share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.

MUon — Tokenized Stock

Micron Technology Inc. | MU | NASDAQ

About Micron Technology Inc.

Micron Technology Inc. (NASDAQ: MU) is one of the world's largest producers of DRAM and NAND flash memory semiconductors, essential components in virtually every computing device—from smartphones and PCs to data center servers and AI accelerators. Micron is a critical supplier to Apple, NVIDIA, AMD, and major cloud providers. The memory industry is undergoing a structural shift driven by AI workloads: training and running large language models requires massive amounts of high-bandwidth memory (HBM), where Micron competes directly with Samsung and SK Hynix. As AI infrastructure demand accelerates, Micron's HBM3E and next-generation memory products position it for significant revenue and margin expansion.

Why MUon?

Micron is a direct beneficiary of the AI infrastructure buildout, as HBM demand from NVIDIA and hyperscaler customers continues to grow. After years of cyclical volatility, memory pricing is recovering, and Micron's competitive position in HBM is stronger than it has ever been. MUon brings this AI semiconductor play onchain for investors seeking exposure to the memory component of the AI supply chain.

How It Works

MUon is a total return tracker. It is fully backed by MU shares held at regulated U.S. custodians. When MU pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one MUon may represent the economic equivalent of more than one MU share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.

TSMon — Tokenized Stock

Taiwan Semiconductor Manufacturing Co. | TSM | NYSE

About Taiwan Semiconductor Manufacturing Co.

Taiwan Semiconductor Manufacturing Company (NYSE: TSM), commonly known as TSMC, is the world's largest and most advanced contract chipmaker. TSMC fabricates chips designed by fabless companies including Apple, NVIDIA, AMD, Qualcomm, and Broadcom—effectively serving as the factory for the global technology industry. TSMC commands over 90% of the market for the most advanced chip nodes (3nm and below), a position that is nearly impossible to replicate given the capital intensity, know-how, and supplier ecosystem required. The company's Arizona and Japan fabs represent TSMC's geographic diversification strategy, though Taiwan remains the center of its most advanced manufacturing. TSMC is widely considered one of the most strategically important companies in the global economy.

Why TSMon?

TSMC is the indispensable backbone of the global technology industry. Every AI chip, smartphone processor, and high-performance computing unit runs through TSMC's fabs. Its near-monopoly on advanced chip manufacturing gives it extraordinary pricing power and long-term relevance. TSMon makes this critical semiconductor infrastructure company accessible to onchain investors as a tokenized equity instrument.

How It Works

TSMon is a total return tracker. It is fully backed by TSM shares held at regulated U.S. custodians. When TSM pays dividends or cash distributions, the value is reinvested into the underlying asset rather than distributed to token holders directly. Over time, one TSMon may represent the economic equivalent of more than one TSM share. The token price will therefore diverge from the underlying stock price over time as dividends are compounded.

• Instant minting and redemption in a single atomic transaction.

• No mint or burn fees — the quoted price is the price you pay or receive.

• Trade 24 hours a day, 5 days a week (subject to platform availability).

• Available on Ethereum, BNB Chain, and Solana. Transferable to HyperEVM via bridge.