Bankless

How Ondo Is Bringing Stocks and Perps Onchain | Ian De Bode

Donnerstag, 2. Juli 2026 · 48 min

MP3

Shownotes

The stock market is starting to move onchain, and Ondo is one of the teams building the rails. Ian De Bode joins David to explain how Ondo brought tokenized SpaceX stock to Ethereum minutes after trading began, why tokenized equities need real market liquidity instead of shallow DEX pools, and how Ondo Perps could unlock a new generation of RWA trading by using tokenized stocks as collateral.

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TIMESTAMPS

Ondo’s RWA Moment
How SpaceX Stock Hit Ethereum in Minutes
What Actually Backs a Tokenized Stock?
The Onchain and Offchain Market Machine
Where the Demand Comes From
The Most Popular Tokenized Stocks
Why Perps Need Better Collateral
New Strategies for Onchain Asset Management
The Next 12 to 18 Months
How Big Can Perps Get?
Offshore Versus Onshore Perp Markets
Inside Ondo Perps
Why Not Build on Hyperliquid?
Launch Timeline and Early Demand
Will Wall Street Incumbents Compete or Help?
Ondo’s 2026 Roadmap
Remembering Nathan Allman

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RESOURCES

Ian De Bode
x.com/iandebode

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Not financial or tax advice. See our investment disclosures here:
bankless.com/disclosures

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