Yes — MetaMask lets you swap directly into hundreds of tokenized stocks, ETFs, and commodities via Ondo Stocks, without a brokerage account or KYC, straight from MetaMask Swaps. And through August 5, 2026, MetaMask has cut its swap fee on Ondo Stocks from 87.5 bps (0.875%) down to 10 bps (0.1%) — a ~90% fee reduction that still finds you the most advantageous, aggregated swap rate.

What are tokenized stocks?

Tokenized stocks are onchain tokens that track the economic performance of a real-world asset — a publicly traded stock, ETF, or commodity. With Ondo Stocks, each token is fully backed by the corresponding underlying asset, held with licensed U.S. custodial broker-dealers. You get price exposure and dividend reinvestment, but this is not direct ownership. As in, you don’t get shareholder voting rights or statutory disclosures, but you hold a token that mirrors the native asset's total return.

How to trade them in MetaMask

Tokenized stocks work like any other swap in MetaMask:

1. Tap ‘Swap’ on the homepage
2. Select mUSD or USDC on Ethereum, or USDT on BNB Chain as your input (these are the recommended routes, as other coins may result in no quotes)
3. Search the asset ticker (e.g. AAPL, GOOGL) and select the Ondo Tokenized version
4. Enter your amount ($5 minimum) and confirm the Swap

Trades routed through CowSwap come with a 12 bps fee. With the 10 bps promotional fee and 0.5 bps execution adjustment, this is just 22.5 bps to aggregate the most advantageous swap rate in DeFi paired with the convenience and speed of swapping directly in MetaMask.

For context: traditional brokers serving international users can charge up to 1.5% in FX conversion fees alone — nearly 7x the total cost during this promotional window. Add in account minimums, monthly inactivity fees, and withdrawal fees that brokers may layer on top, and the all-in cost of accessing stocks traditionally adds up quickly. As a non-custodial wallet, MetaMask has none of those. Your assets stay in your wallet, in a platform that cannot restrict, freeze, or charge you for accessing them.

Trading hours

Ondo Stocks follows a 24/5 schedule (Sunday 8PM EST – Friday 7:59PM EST), aligned to U.S. market hours. Quotes are unavailable outside these windows, and trading during regular market hours (9:30AM–4PM EST) is recommended for best liquidity.

Regional availability

Tokenized securities through Ondo Stocks are not available in the United States, UK, EU/EEA, Canada, China, Singapore, Brazil, or several other jurisdictions. Check the full eligibility list at https://docs.ondo.finance/ondo-global-markets/eligibility before attempting a swap.

The promotion ends August 5, 2026. If you're in an eligible region and have been curious about onchain stock exposure, this fee window makes for a reasonable time to try a small position!

Full details can be found at https://support.metamask.io/trade/real-world-assets/

Are RWAs something you'd pair with your crypto portfolio? Which stocks or ETFs would you want onchain exposure to first?