Key Highlights
- NEAR co-founder Illia Polosukhin highlighted how NEAR Intents can solve liquidity shortages for large-scale tokenized real-world asset (RWA) trades by tapping into traditional financial venues like Nasdaq.
- Through an integration with Ondo Finance, solvers can source or mint tokenized equities—such as Nvidia, Apple, and Tesla—directly to fulfill user requests across disparate platforms.
- Ondo’s tokenized securities platform has surpassed $1 billion in total value locked and $26 billion in cumulative trading volume across major blockchains including NEAR, Ethereum, Solana, and BNB Chain.
Bridging the Liquidity Gap in Tokenized Equities
Executing large-scale transactions for tokenized real-world assets (RWAs) continues to present structural challenges for decentralized finance markets. While buying $10 million worth of a major stock like Nvidia is routine on traditional platforms like Nasdaq, completing an equivalent trade onchain often suffers from severe slippage due to thin, fragmented liquidity across individual decentralized protocols. NEAR Protocol is aiming to resolve this friction using NEAR Intents, an execution framework where traders simply define the target asset and quantity, leaving the underlying routing, bridging, and pool selection to automated solvers.
Speaking on how the framework addresses substantial trade sizes, NEAR co-founder Illia Polosukhin explained that solvers within the network can bridge the gap between blockchain ecosystems and traditional markets. Under this architecture, an order for $10 million in tokenized Nvidia can be filled by solvers sourcing or minting the required underlying instruments via Ondo Finance during the transaction flow. This now allows anyone to come in and actually tap into liquidity of Nasdaq onchain,
Polosukhin stated, underscoring that the system connects onchain demand directly with centralized and traditional venues.
Expanding Access Through Ondo Finance Integration
The operational framework builds on the September integration connecting Ondo Stocks with near.com and NEAR Intents. The rollout introduced 20 tokenized United States equities, exchange-traded funds (ETFs), and commodity-linked products to the NEAR ecosystem, featuring major tech shares such as Nvidia, Tesla, Apple, Microsoft, and Amazon. At the time the integration was announced, Ondo reported that its tokenized securities platform had crossed $1 billion in total value locked (TVL) alongside $26 billion in cumulative trading volume.
Tokenized offerings from Ondo are not confined to a single ecosystem; they also operate on Ethereum, Solana, and BNB Chain, reflecting an intensifying race among Layer-1 networks to capture RWA activity. Rather than forcing capital to pool exclusively on NEAR, the NEAR Intents mechanism functions as a cross-network router that coordinates demand across various fragmented markets.
Why This Matters
As the tokenization of traditional assets gathers momentum, liquidity fragmentation across isolated blockchains threatens to slow institutional and high-volume adoption. By acting as an intent-based coordination layer, NEAR attempts to prevent market thinness from restricting institutional-grade order flow. $NEAR Intents become an aggregator not just of onchain centralized exchanges, but now Nasdaq and other liquidity that is trading these RWAs,
Polosukhin said. We are unifying liquidity across all of the venues.
This aggregation model could play a foundational role in connecting legacy equity markets to decentralized infrastructure as RWAs expand.
Frequently Asked Questions
What is NEAR Intents and how does it work?
NEAR Intents is a transaction model where users specify their desired outcome—such as acquiring an exact amount of an asset—without needing to manually manage bridges, gas tokens, or specific liquidity pools. Specialized third-party network participants, called solvers, execute the trade behind the scenes using the best available liquidity across multiple venues.
Which tokenized stocks are available via the NEAR and Ondo integration?
The initial launch brought 20 tokenized U.S. stocks, ETFs, and commodity-linked assets to the platform, including major companies such as Nvidia, Apple, Microsoft, Amazon, and Tesla.
How does the system fulfill multi-million dollar tokenized trades?
Instead of relying strictly on liquidity pools existing on a single blockchain, solvers can fulfill trade intents by interacting with Ondo Finance to source or mint tokenized assets directly against traditional trading liquidity, including Nasdaq.
