Non-crypto wallet provider MetaMask and tokenization platform Ondo Finance have leaped into real-world asset (RWA) tokenization, amid growing integration between traditional finance (TradFi) and decentralized finance (DeFi).
In essence, Ondo Bridge, launched by Ondo Finance and LayerZero in December 2025, serves as an infrastructure behind RWA tokenization in the MetaMask wallet. The volume of tokenized RWAs has topped approximately $36 billion in late 2025, and Ondo is a well-known name in contributing to this growth.
To note, the MetaMask wallet was developed by Ondo Finance and Consensys, a blockchain software company.
How do MetaMask and Ondo Finance integrate tokenized RWAs?
In the current context, MetaMask acts as a wallet interface to buy, trade, and transfer tokenized US stocks, while Ondo Finance provides the infrastructure to hold digital representations of financial assets. The standout feature is that MetaMask users can access the tokenized assets directly inside the app, making it one of the platforms to offer native access to tokenized stocks and ETFs.
The tokenized assets are available only for MetaMask users outside the UK, US, and European Economic Area (EEA). They can now have exposure to more than 200 tokenized stocks, such as Tesla, Apple, gold exchange-traded funds (ETFs), silver, the Nasdaq-100, and other equities.
Ethereum blockchain helps move tokenized assets on-chain
Ethereum is the blockchain used to tokenize the assets, with Ondo Finance providing tools to issue tokens, manage compliance, and bridge traditional financial assets to the on-chain.
Through MetaMask Swaps, users can swap USDC stablecoin for the tokenized US stocks on Ethereum. After they acquire a tokenized asset, they can hold it in the wallet, meaning they are holding it on-chain. This gives users exposure to the real price of the underlying asset: when the stock price goes up, the value of the token they hold also surges; when the stock price goes down, the token’s value dips accordingly.
As Joe Lubin, founder and CEO of Consensys and co-founder of Ethereum, stated, MetaMask can now be used to move bridge crypto and traditional assets devoid of intermediaries, and that is the future currently being built around MetaMask.
So far, Ethereum has the largest number of tokenized assets—nearly 483 distinct RWA assets rely on the blockchain, according to blockchain analytics platform rwa.xyz. BNB Chain, Solana, Arbitrum, and Stellar follow in the next positions.
Carlos Domingo, Founder of the Securitize tokenization platform, said in an interview that there are nearly $400 trillion in assets that could potentially be tokenized. The remark came when the tokenization volume was exponentially growing in 2025.
