Trust Wallet CEO and Ondo Finance CSO on Why It’s the Right Time to Bring U.S. Stocks and ETFs On-Chain

The tokenization of real assets (RWA) has long been hailed for a long time as an opportunity for billion dollars for the crypto, but until recently, it was largely out of reach for everyday users. Trust Wallet and Ondo Finance aim to change this thanks to their recent partnership.

In this interview with BeincryptoEowyn Chen, CEO of Trust Wallet, and Ian de Bode, director of Ondo Finance’s strategy, explain why they believe that their collaboration will transform the promise of token in practical financial access for millions and what challenges are still on the way.

What made this partnership between Trust Wallet and Ondo The Right Fit, and what problem do you solve together that was not addressed before?

Eowyn Chen: This partnership connects two missing parts of the web3 puzzle: high quality real assets and institutionally structured from Ondo and intuitive access and self-us for daily users via the trusted wallet.

Together, we fill a long -standing access gap. Traditional financial markets often exclude people by design – due to geography, regulations or infrastructure. By providing a tokenized exposure to assets such as actions and ETF directly in the trust portfolio, we let users around the world, exploit the markets they were previously locked – without the need for a brokerage account, and without abandoning control of their funds.

Ian de Bode: This integration is strongly adapted because it combines the global scope of Trust Wallet users with Ondo’s mission to expand access to traditional financial services. The Trust Wallet is used by more than 200 million users worldwide, and Ondo Global Markets is expanding access to US capital markets with non -American global investors. Together, we allow a new category of financial access.

We fundamentally believe that Ondo’s global markets will do for American actions what the stabbed has done for the US dollar. Essentially, it is a global access to these assets in a transparent manner. Just as the stablescoins have radically opened access to the US dollar, in the same way that global markets are American actions and ETFs which represent economic exposure to underlying assets, and like stablecoins, makes them available so that anyone can access them.

RWA tokenization has been mentioned for years. Why now the time to bring token actions and FNB to millions of users, and what has changed in the macro backdrop that makes this viable?

Ian de Bode: People underestimate how massive this market opportunity is. The American public stock market has reached more than 60 dollars. However, global investors have historically faced obstacles to access to these markets due to high costs, limited access, transfer friction, platform fragmentation and geographic exclusions. These problems have persisted for decades for decades, locking millions on capital markets and stifling innovation.

Today, there are approximately 400 to 500 million crypto exchange accounts worldwide. And yet, many of these world users do not even have traditional brokerage accounts.

Eowyn Chen: This gap is exactly the reason why timing feels different now. We have reached a inflection point. On the one hand, regulatory clarity and RWA infrastructure of institutional quality are finally matured. On the other hand, we have an increasing user base – especially in emerging markets – which are hungry alternatives to local volatile currencies or inaccessible stock markets.

Ian de Bode: This is why if you can take actions and tokenize them transparently on cryptographic rails, you do not widen access, you unlock a whole new financial border.

Eowyn Chen: And the wider change is that self -sufficiency is no longer a niche concept. Portfolios are only evolving crypto tools in full -fledged web3 companions. This means that timing is just to make products like Rwa tokenized both accessible and useful on a large scale.

The Trust portfolio is positioned as the first major auto-mettyme portfolio to support the Rwas tokenized through the channels. How do you balance this simple for 200 million users while introducing such a complex product?

Eowyn Chen: The key is to meet users where they are. Most people do not wake up by asking for “rwa token” – they want tools that help them protect the value of their assets and accessions. We have designed the experience so that users do not need to understand the technical layers for the benefit. The discovery, network fees and buyout mechanisms are summarized behind a familiar interface. And because everything is from the trusted portfolio, users control their assets – no new accounts, no guards, no compromise.

We see this as a base for the web3 Neobank of the Future: Onchain-Native, Auto-Carlicial, but simple enough for anyone to use.

Tokenized assets often raise skepticism-are they really supported, are they simply synthetic, will they last? How does the Ondo model strengthen the confidence and transparency necessary to overcome this skepticism?

Ian de Bode: Ondo undertakes to establish the highest standard in token, demonstrating that reflected, transparent and well -regulated tokens offer not only immediate advantages, but also paves a wider financial innovation. Not all token actions are created equal. With Ondo’s global markets, we have spent a lot of time thinking about the best way to bring active workers in real world such as chain titles in a practical, secure, liquid and scalable way.

Ondo tokens shares are digital tokens that offer total exposure to a return on listed assets. Each token reflects the economic performance of its underlying asset.

Regarding the support of our assets, Ondo tokenized actions are all entirely supported by their underlying actions and ETF, as well as transit money. In addition, the transmitter is required to ensure that there are additional guarantees available – beyond this full support – at any time to pierce its obligations to chip holders too much.

This collaboration positions Ondo as an issuer and trust portfolio as an access point. How do you bridge institutional quality with a retail user who may never have touched a brokerage account before?

Ian de Bode: For many younger and international users, crypto has become their first bridge on the financial markets. These are individuals who may have never opened a brokerage account or who face significant obstacles to access to American actions, high fees and fragmented platforms with pure and simple geographic exclusions.

Eowyn Chen: And this is exactly where the self-care changes the game. Traditionally, access to American actions or FNB meant to go through intermediaries, submit KYC and hope that your country was on the approved list.

Ian de Bode: Ondo Global Markets fills this gap, providing infrastructure for applications such as the Trust portfolio to integrate the American actions and token ETFs while retaining access to deep liquidity of traditional exchanges. It is a question of democratizing access to American capital markets, meeting users where they are and giving developers the tools to build the future of chain capital markets in a natural, intuitive and accessible way.

Eowyn Chen: From the user’s point of view, nothing changes in the way they interact with the blockchain. With Rwas in the tokenized trust portfolio, they discover, hold and use these assets as they would with a token – except that they are exposed to real market performance.

We do not try to reproduce the inherited system. We build a new path to access – the one that is open, in chain and first users from the first day.

Between the regulations, liquidity and user education, what challenge do you both consider as the most urgent to resolve-and how do you approach it?

Eowyn Chen: For us, it is user education – hands down. The regulations will evolve and liquidity increase as adoption increases. But even the best infrastructure does not matter if users do not understand the risks or how the product fits into their trip.

This is why we incorporate explanators, non-responsibility opinions and railings directly in the portfolio experience. And why we are very deliberate with the way we deploy the RWA – Region support by region, transmitter by transmitter. Responsible integration is the only way to strengthen long -term confidence.

Ian de Bode: Clear and well -designed regulatory executives are essential to unlock the full potential of this technology. A recent regulatory impulse such as the Act on Engineering helps to provide an essential clarity on how tokenized assets can be issued, exchanged and used in the existing financial system. In short, reflected regulations like this is a net positive for the ecosystem.

Setting clearer rules opens the way to greater adoption, institutional participation and ultimately broader confidence in token workers, exactly the vision that Lando works to move forward.

Looking at two to three years in advance, how will you measure the success of this partnership? Are these adoption numbers, new asset classes or reshaped the way people think of self-toilet portfolios?

Eowyn Chen: All three – but we will know that we have succeeded when someone who has never had access to a brokerage account is able to win a significant exposure on the channel to global markets, in their terms, in their language, using tools in which they trust.

In parallel, we hope to move the paradigm of the portfolio itself. Instead of being a safe or a speculative gateway, portfolios can become daily financial companions – help people save, grow and interact with world values ​​systems, all from their phone.

Ian de Bode: In the short term, it is a question of adoption, ensuring that millions of users can access and benefit transparently tokenized titles. We have launched Ondo Global Markets with more than 100 American titles, and we plan to extend to hundreds of others by the end of the year. This scale and the extent of access will be a key marker of progress.

But looking further, success will also mean a change in mentality. Just as people have to recognize that stablecoins can be a better version of the dollar, we think they will realize more and more than tokenized assets – whether actions, ETF or beyond – are better in chain than outside chain. The advantages of blockchain, such as composability, programmability and accessibility, will unlock entirely new innovations for asset management, wealth management and brokerage. Over the next two to three years, we expect to see this innovation surprise many people.