LI.FI, the cross-chain routing protocol, said on 19 October 2026 that tokenized US stocks and ETFs issued by Ondo USDY$1.15-0.1% are now live on Solana through LI.FI Intents. In its announcement post, LI.FI said the assets are now available to "LI.FI's 1,000+ apps and wallets". Ondo confirmed the expansion eight minutes later, writing that LI.FI gives "apps, wallets, and neobanks one integration for trading and RFQ liquidity."
The Solana launch completes a rollout LI.FI began on 22 June 2026, when it made Ondo's tokenized stocks available on Ethereum and BNB Chain with "Solana coming soon". When we checked on 19 October, that June post and LI.FI's developer documentation had not yet been updated to mention Solana, so the go-live rests on the two companies' posts.
How LI.FI Intents routes Ondo stocks on Solana
An intent is an order that states the result a user wants, such as a specific stock token on Solana, and leaves the route to someone else. According to LI.FI's Intents documentation, the user's tokens are locked in escrow alongside the requested output. LI.FI's order server matches the order against standing quotes that solvers have published for that route and size, and the winning solver delivers the asset on the destination chain from its own capital. The escrowed funds are released to the solver once the fill is verified.
Ondo calls this RFQ liquidity, the request-for-quote model in which market makers price each trade. LI.FI's docs describe a slightly different mechanic: solvers publish price curves in advance, and the order server picks from those, with no live bidding on each order. In both descriptions the fill comes from a solver's or market maker's own inventory, and LI.FI's June post said "market makers in the network quote competitive prices for these assets".
For a wallet or app, the change is that Ondo's Solana tokens can be offered through a LI.FI integration the app already runs. LI.FI's follow-up post pitched exactly that: "Bring Ondo's tokenized stocks and ETFs to your users on Solana through your existing LI.FI integration." Neither company named an app or wallet that has switched the assets on.
What Ondo Global Markets tokens are, and who can hold them
Ondo Global Markets launched on Solana on 21 January 2026 with "more than 200 tokenized U.S. stocks and ETFs", according to Solana's launch post. Each token tracks a listed stock or ETF and is backed 1:1 by the underlying security, held with licensed US broker-dealers. Dividends are reinvested net of withholding tax, so they show up as a larger token balance. LI.FI's June post named Tesla, NVIDIA, SpaceX and Meta among the assets; the Solana launch post listed ETFs including SPY and QQQ.
The published figures for the catalogue differ. Ondo's 19 October post cites "450+ tokenized stocks and ETFs" now one integration away for teams on Solana, while January's Solana launch figure was more than 200. Neither LI.FI nor Ondo has published a list of which assets are live through LI.FI on Solana.
The tokens are not open to everyone. The Solana launch post describes them as a product for "non-U.S. users around the world". Armand Khatri, Head of Ecosystem at Ondo, said in LI.FI's June announcement that "anyone eligible" across LI.FI's network of wallets, apps and protocols could access them, which leaves eligibility checks with Ondo and the apps that offer the tokens.
Ondo's Solana distribution: Exodus, Titan and now LI.FI
Ondo has spent 2026 adding Solana distribution channels: the Exodus wallet in June, RFQ routing through Titan the same month, and round-the-clock minting for 16 assets in July. Exodus and Titan each brought Ondo's tokens to a single venue. LI.FI is a different kind of channel: one routing layer that any of its integrators can switch on through the integration they already have.
The issuer side is already large. Ondo said on 18 October that its total value locked had passed $4 billion, including more than $1.3 billion in tokenized stocks and ETFs. On the trading side, our coverage of June's tokenized stock volume and in rwa.xyz's tokenized stock dashboard found most onchain equity trading already taking place on Solana.
What the announcement does not yet show is uptake. The integration is hours old, and the measure of it will be how many of LI.FI's integrators turn Ondo's Solana catalogue on for their users.
