MetaMask Introduces Tokenized Access to U.S. Stocks and ETFs

​MetaMask has launched a new feature that allows eligible users outside the United States to trade tokenized U.S. stocks, exchange-traded funds, and commodities directly through its mobile wallet. The integration, which went live on February 3, 2026, was developed in partnership with real-world asset firm Ondo Finance.

The feature enables users to swap Circle’s USDC stablecoin for “Global Markets” (GM) tokens, which are designed to track the value of underlying securities on a one-to-one basis. More than 200 assets are included at launch, covering major U.S. equities such as Tesla, Apple, Microsoft, Amazon, and NVIDIA. Transactions are conducted within MetaMask’s self-custodial environment, allowing users to manage both digital assets and tokenized securities without opening a traditional brokerage account.

According to Ondo, the GM tokens are backed by the corresponding stocks and ETFs held at U.S.-registered custodial broker-dealers through a bankruptcy-remote structure. The assets are subject to daily attestations by Ankura Trust Company to verify alignment between on-chain tokens and underlying holdings. Trading is available 24 hours a day, five days a week, with real-time settlement and continuous token transfers.

Joe Lubin, chief executive of Consensys, said the model points to a “better future” for investors by reducing reliance on intermediaries and avoiding multi-day settlement delays common in legacy financial systems.

Access to the feature is restricted by jurisdiction. MetaMask said users in the United States and around 30 other regions, including Canada and the United Kingdom, are excluded under regulatory requirements. The wallet applies IP-based controls and wallet-level restrictions to enforce compliance.

The launch comes as the global market for tokenized real-world assets has grown beyond $22 billion, highlighting increasing interest in applying blockchain infrastructure to traditional securities. Industry observers view the move as part of a broader shift toward on-chain representations of financial assets, even as regulatory boundaries continue to shape where and how such products can be offered.