Primex, a prominent decentralized prime brokerage protocol, has announced a significant expansion into the burgeoning real-world asset (RWA) sector by integrating tokenized stocks and exchange-traded funds (ETFs) through a strategic partnership with Ondo Finance. This development positions Primex as one of the pioneering decentralized finance (DeFi) money markets capable of facilitating lending, borrowing, and leveraged trading for tokenized equities, starting with well-known assets such as the SPDR S&P 500 ETF (SPYon), Nvidia (NVDAon), and Tesla (TSLAon).
The integration is a milestone that grants DeFi users unprecedented on-chain access to traditional blue-chip market exposure, paving the way for new yield opportunities for lenders and advanced trading strategies for borrowers. Dmitry Tolok, the Vice President of Growth at Primex, commented on the emergence of on-chain tokenization of real-world assets as a revolutionary trend bridging traditional finance and cryptocurrency platforms. He highlighted that this launch keeps Primex at the forefront of this evolution, enabling users to interact with familiar assets within a composable and accessible DeFi environment, which can be utilized around the clock.
This strategic move aligns with the explosive growth of the RWA tokenization market, which has surged to approximately $28 billion in just three years—a staggering 380% increase. Specifically, tokenized U.S. Treasuries have reached over $7.5 billion in 2025, indicating a clear institutional shift towards on-chain asset management. The momentum is further validated by major players in finance, including BlackRock, which has seen its BUIDL fund exceed $2 billion in assets under management (AUM), along with collaborations between leading institutions such as Goldman Sachs and BNY Mellon in tokenized money market fund frameworks. Moreover, forecasts from industry analysts suggest that tokenized assets could reach as high as $16 trillion by 2030.
Primex’s collaboration with Ondo Finance, recognized for its Ondo Global Markets that provides over 100 tokenized U.S. stocks and ETFs backed by securities held with regulated broker-dealers, assures a robust and compliant on-chain representation of these assets.
The integration introduces several key benefits to the Primex ecosystem:
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For Lenders: Primex is launching dedicated Credit Buckets for tokenized equities and ETFs. Users can deposit SPYon, NVDAon, or TSLAon, thus earning dynamic interest rates based on borrower demand while maintaining their exposure to the market. This dual utility transforms idle assets into new income streams as rates adjust according to utilization.
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For Traders: Equipped with round-the-clock market access, traders can engage in long or short positions on tokenized stocks, execute macro views, or create sophisticated pair trades (such as comparing NVDAon and TSLAon) within the DeFi ecosystem. The integration includes decentralized limit orders and Take Profit/Stop Loss tools, enabling effective risk management and offering a comprehensive toolkit for trading across RWAs, stablecoins, and crypto-native assets.
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For PMX Holders: The PMX token plays a central role in this RWA expansion. Future enhancements will offer PMX holders exclusive access to select RWA opportunities, such as specially curated buckets or priority yield tiers. Additionally, a portion of the trading fees generated from RWA activities will be used for PMX buybacks, forging a connection between protocol growth and token demand.
This early adoption of tokenized equities establishes Primex as a leading innovator in the DeFi landscape, creating essential pathways for capital seeking diversified exposure and enhanced utility. Concurrently, Primex is working on strengthening its stablecoin integrations to optimize capital routing, collateral efficiency, and settlement, thereby enhancing all RWA-related activities.
Looking ahead, Primex is committed to continuous innovation in the RWA sector. Upcoming developments will include the integration of additional assets based on market demand, enhancements in stablecoin infrastructure, rollout of exclusive PMX utility features, and advanced trading strategies that incorporate credit bucket specialization and structured products merging RWAs with DeFi-native yields.
Primex invites crypto investors, DeFi users, and issuers of stablecoin/tokenized assets to explore the new potential unlocked by the introduction of tokenized stocks on its platform.
