CZ’s Trust Wallet Rolls Out Tokenized Stocks and ETFs With Ondo and 1inch

Trust Wallet, owned by Binance co-founder Changpeng “CZ” Zhao (not Binance since a 2023 share sale), has launched tokenized stocks and ETFs. The rollout debuts on Ethereum in partnership with Ondo Finance and 1inch.

• Ethereum first; Solana support planned
• $1 minimum; no brokerage paperwork required
• Trading follows U.S. market hours (Mon–Fri, 1:30–8:00 pm UTC)
• Not available in the U.S., U.K., or EEA (swaps will fail there)
• Team plans more RWA providers/liquidity sources over time
• Self-custody keys secure tokens; underlying RWAs remain with issuers/custodians

Trust Wallet has moved from teaser to launch on real-world assets, adding tokenized U.S. stocks, ETFs, and bonds that users can access directly from a self-custodial wallet. The integration relies on Ondo Finance to issue and manage the tokenized RWAs and on 1inch’s Fusion to source liquidity and optimize execution for swaps. At launch, all tokens are on Ethereum smart contracts with Solana support on the roadmap.

CEO Eowyn Chen framed the release as a step toward more open and efficient global finance, arguing that blockchain can democratize access to markets historically gated by brokers and paperwork. In practice, users can start with as little as $1 and do not need a local brokerage account or additional documentation inside the app.

There are guardrails. According to Trust Wallet, RWA trading is synchronized with traditional U.S. market hours, Monday to Friday, 1:30–8:00 p.m. UTC. Off-hours activity is tracked to inform future features like 24/7 trading or limit orders. Geographic restrictions also apply: residents in the United States, the United Kingdom, and the European Economic Area are not able to access these tokens, and swaps from these regions will not be executed.

Trust Wallet’s marketing head, Sami Waittinen, said the product is deliberately multichain and provider-agnostic, with plans to add more RWA issuers and liquidity sources. The team positions this as a long-term bridge between DeFi rails and traditional financial products within a self-custody user experience.

Analysts note a crucial nuance: while self-custody keys control the RWA tokens, the underlying assets—such as the shares or fund units they represent—remain with an issuer or custodian. In that sense, RWAs differ from native crypto, where private keys confer direct ownership of the asset itself.

Final Thought

By embedding RWAs in a self-custodial wallet, Trust Wallet is pushing the wallet category toward a full-spectrum investing hub. The mix of low minimums, on-chain rails, and TradFi assets could widen access—so long as regional restrictions and market-hour constraints evolve with demand.