- DEX has entered a strategic partnership with Ondo Finance.
- BNB Chain users can access more than 100 tokenized US stocks and ETFs starting today.
- PancakeSwap is offering zero trading fees for the first month.
PancakeSwap has partnered with Ondo Finance to bring over 100 tokenized stocks and exchange-traded funds (ETFs) onto the BNB Chain.
Starting today, users on the Binance ecosystem can buy and sell digital representations of bonds, top US stocks and ETFs, each backed 1:1 by the underlying securities.
According to Ondo Finance CEO Nathan Allman:
Expanding Ondo Global Markets to BNB Chain allows us to deliver tokenized US stocks and ETFs to millions of users across Asia, Latin America and other regions in a fast, cost-efficient and highly scalable environment. This is a major step toward making US markets globally accessible through blockchain technology.
PancakeSwap is teaming up with Ondo Finance to bring 100+ tokenized real-world assets (RWAs) in stocks, bonds, and ETFs onchain to BNB Chain.
You can now trade tokenized assets on PancakeSwap with zero fees for the first 30 days.
— PancakeSwap (@PancakeSwap)
PancakeSwap will waive trading fees for the first 30 days to celebrate the Ondo Global Markets integration.
That gives the DeFi community a cost-free way to explore tokenized traditional assets within the Binance ecosystem.
On-chain finance reaches a milestone
The alliance is part of Ondo’s mission to leverage blockchain technology to expand access to high-quality US financial assets, including real estate, bonds and equity.
More than 3.4 million daily BNB Chain users and a broad DeFi ecosystem can now access Ondo’s offerings.
PancakeSwap emphasized ease of use, security and transparency as core priorities for the integration.
The integration marks a new chapter for the Binance community, drawing decentralized finance closer to traditional markets.
BNB Chain’s growing user base can now interact with tokenized US securities with enhanced custody and settlement infrastructure backing them.
The Chain’s Head of Business Development, Sarah Song, commented:
Real-world assets are among the fastest-growing segments on BNB Chain, and Ondo Finance joining our ecosystem is further validation of that momentum. Together, we expand access to high-quality financial assets and drive the next wave of adoption that connects traditional markets with blockchain technology.
Understanding PancakeSwap’s role
PancakeSwap is the leading DEX on BNB Chain and will act as a strategic launch partner supporting trading of Ondo’s tokenized assets.
The decentralized exchange enables users to trade Ondo tokenized securities through a familiar interface, promising a smooth experience for both newcomers and experienced DeFi participants.
Additionally, PancakeSwap announced a zero-fee campaign running from October 29 through November 29.
Ondo will leverage PancakeSwap’s user base and deep liquidity pools to encourage market activity and efficient price discovery for tokenization enthusiasts on BNB Chain.
Price action: CAKE and ONDO
Native tokens reflected broader market movements and showed downward pressure on daily timeframes.
CAKE declined nearly 5% over the past 24 hours to $2.55, while ONDO fell about 2% in the same period to trade at $0.7364.
Bearish sentiment was evident across the wider sector as global crypto market capitalization slipped 1.5% overnight to $3.8 trillion.