OpenWorld moves to tokenize its equity onchain
OpenWorld is taking a significant step toward the future of capital markets by announcing plans to tokenize its equity on the blockchain. The company has entered into an agreement with Figure Technology Solutions to issue tokenized shares through its Onchain Public Equity Network (OPEN), in parallel with a proposed Nasdaq listing.
The move reflects a broader shift in financial markets as companies explore blockchain infrastructure to modernize how equities are issued, traded, and managed.
A dual listing model combining Nasdaq and blockchain
Under the proposed structure, OpenWorld aims to offer investors exposure to its shares both through traditional markets and via blockchain-based ownership on OPEN.
This dual approach could introduce new flexibility for investors, including:
- direct ownership of blockchain-based shares
- the ability to lend assets and earn yield
- cross-collateralization between crypto and equities
These features highlight how tokenization could expand the functionality of traditional financial instruments.
Real-world asset tokenization gains momentum
The agreement reinforces OpenWorld’s broader strategy around real-world asset (RWA) tokenization, a sector that continues to gain traction among institutional players.
By tokenizing its own equity, the company is effectively using its balance sheet as a test case for the infrastructure it promotes globally.
According to the company, this approach is intended to demonstrate real-world applicability to partners, including sovereign entities and institutional investors.
Regulatory clarity accelerating adoption
Recent developments from U.S. regulators, including the SEC and CFTC, have contributed to increased clarity around digital assets and tokenized securities.
This evolving regulatory environment is creating a window of opportunity for companies seeking to establish a leadership position in compliant blockchain-based capital markets.
Figure’s OPEN network aims to reshape equity markets
Figure’s OPEN network is designed to rebuild public market infrastructure using blockchain technology, enabling real-time settlement and reducing operational inefficiencies.
The platform also introduces programmable financial features that are not typically available through traditional brokerage systems.
A broader shift toward onchain capital markets
The partnership between OpenWorld and Figure reflects a larger industry trend: the gradual transition of financial infrastructure toward blockchain-based systems.
As tokenization expands beyond private markets into public equities, initiatives like this could play a key role in shaping the next generation of capital markets.
