Democratizing Finance Through Self-Custody
Trust Wallet, a self-custodial cryptocurrency wallet, has expanded access to traditional financial instruments by integrating tokenized stocks, ETFs, and other real-world assets (RWAs). This marks one of the first times that self-custody wallets provide direct access to tokenized traditional finance.
The integration is enabled through:
- Ondo Finance: Provides the tokenized assets
- 1inch: Offers liquidity and swap solutions
Initial token launches will occur on Ethereum, with Solana support to follow.
How It Works
Trust Wallet users can now use USDC stablecoins (USDC) to convert into tokenized RWAs with a minimum investment of $1.
No local brokerage accounts or complex paperwork are required, making access to global stocks and ETFs seamless.
Trust Wallet CEO Eowyn Chen stated:
“Adding RWAs into self-custodial wallets is a great way to make global finance more open and efficient. Blockchain technology makes access to financial markets secure anywhere.”
Marketing Head Sami Waittinen added:
“With Ondo Finance bringing the assets, 1inch powering the rails, and Trust Wallet making them available in self-custody, initially on Ethereum, we will expand to more chains, providers, and liquidity sources for the broadest access.”
Also Read : ARK Invest Boosts $15.6 Million Stake in Bitmine Amid Crypto Optimism
Self-Custody Meets Real-World Assets
Trust Wallet allows users to manage their holdings independently, engaging with traditionally gated financial instruments.
- RWA tokens do not confer direct ownership like cryptocurrency
- Token holders have legal claims on the underlying asset, managed by a regulated custodian
- Blockchain provides transparency and security
According to Trezor analyst Lucien Bourdon:
“You can safely store RWA tokens in any self-custodial wallet. Crypto offers direct ownership, while RWAs represent legal claims on underlying assets.”
zGlobal Reach and Limitations
- RWA tokens are currently unavailable in some regions, including the U.S., UK, and EEA
- Trading sessions follow U.S. market hours: Monday to Friday, 1:30 PM – 8:00 PM UTC
- Off-hours interest is being tracked for 24/7 trading and limit orders
This initiative positions Trust Wallet at the forefront of the tokenized finance revolution, providing users with global DeFi investment opportunities fully under their control.
