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Ondo Perps Launches First Equity Perpetuals Platform With Tokenized Stock Collateral

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Ondo Perps brings 24/7 derivatives infrastructure to the most in-demand U.S. assets for a global audience, enabling tokenized equities to collateralize perpetual futures contracts for the first timeLive now for non-U.S. investors, Ondo Perps offers up to 20x leverage for stocks, indices, and commodities; including SPCX, MU, NVDA, TSLA, AAPL, gold, and oil

NEW YORK, July 7, 2026 /PRNewswire/ — Today, Ondo Perps launched the first perpetual futures platform for equities and commodities that supports both tokenized equity holdings and stablecoins as collateral for derivatives positions. By combining 24/7 trading with up to 20x leverage and the liquidity of conventional futures and options, Ondo Perps opens a new layer of capital-efficient trading in global markets.

The Ondo Perps platform unlocks trading of perpetual futures on leading U.S. equities, ETFs, and commodities – including SPCX, MU, AAPL, NVDA, TSLA, QQQ, gold (XAG), and silver (XAU) – for global investors outside the U.S.

Ondo Perps is built on technology developed by Ondo Finance, the largest tokenizer of securities by total value. Ondo Finance’s technology enables the Ondo Perps platform to seamlessly source liquidity from traditional financial markets, much like Ondo Finance brought traditional exchange liquidity to Ondo tokenized stocks and ETFs.

Ondo Perps is the first crypto perpetuals platform to unlock:

Tokenized securities as collateral – post tokenized stock and ETF holdings directly as collateral for perpetual futures positions, eliminating the need to maintain separate capital reserves across multiple platforms.Market depth comparable to traditional derivatives – trade with liquidity comparable to traditional derivatives venues, resulting in tight spreads and minimal slippage, even at size.The fastest permissionless perps exchange – Ondo Perps has the fastest execution speed of any perps platform, comparable to the best centralized exchanges in crypto. Order routing, margin updates, and liquidations are processed in real time, all while maintaining decentralization guarantees.

“Ondo Perps marks the first time a permissionless equity perps platform has been built with the infrastructure required to unlock liquidity, speed, and capital efficiency comparable to traditional derivatives markets,” said Ian De Bode, President at Ondo Finance. “Hundreds of millions of investors outside the United States can now access 24/7 exposure to stocks, ETFs, and commodities with up to 20x leverage, and deploy tokenized stock holdings as productive capital. We are rapidly approaching an investing experience that is, quite frankly, far better than what a traditional brokerage account can offer.”

Ondo Global Markets, which provides the underlying tokenized equity infrastructure, has grown approximately 5% per week since launching in September 2025 to over $1 billion in total value locked. Ondo Perps is the next layer of that ecosystem, enabling tokenized assets to function not just as holdings, but as productive collateral within a unified trading platform. The platform is designed to serve the large and growing population of investors outside the United States who seek leveraged exposure to U.S. capital markets but lack access to traditional brokerage infrastructure.

Note: The Ondo Perps platform is made available by Ondo Global Panama Inc. (dba Ondo Perps) using technology developed by Ondo Finance Inc. Not available in the U.S., Panama and other prohibited jurisdictions.

About Ondo Perps 

Ondo Global Panama (dba Ondo Perps) is a decentralized perpetual futures platform. Its platform software enables users outside the U.S. and other prohibited jurisdictions to enter into peer-to-peer perpetual futures contracts on equities, ETFs, and commodities. For more information visit https://ondoperps.xyz/.

About Ondo Finance 

Ondo Finance is a blockchain technology company. Its mission is to accelerate the transition to an open economy by building the platforms, assets, and infrastructure that bring financial markets onchain. For more information, visit https://ondo.finance.

Ondo Perps Disclaimer

In General. Access to and use of the Ondo Perps platform (the “Platform”) is strictly prohibited for: (i) persons that are subject to any sanctions program or list maintained by the United Nations Security Council (“UN”), the Republic of Panama (“Panama”), the United States (“US”), the European Union (“EU”) the United Kingdom (“UK”) or Canada; (ii) persons who are located in, incorporated in, organized in, or operating from a jurisdiction subject to the international sanctions regimes maintained by the UN, Panama, US, EU, UK, or Canada, as applicable; (iii) persons or entities that are located in, incorporated in, organized in, or operating from Panama, the US (or any of its states, possessions, territories or federal districts), Canada, or any other jurisdiction that prohibits or restricts access to perpetual futures contracts of the type offered through the Platform; and (iv) persons that are acting on behalf of or for the benefit of any of the foregoing. The assets referenced herein (including Ondo Perps perpetual futures contracts and Ondo Global Markets tokenized stocks, tokenized ETFs, and tokenized ADRs, (collectively, the “Assets”) have not been registered under the US Securities Act of 1933, as amended (the “Act”) or the securities or financial instrument laws of any other jurisdiction. The Assets may not be offered or sold in the United States or to US persons. Other jurisdiction-based prohibitions and restrictions apply. See ondoperps.xyz for details.

No U.S. Access. Without limiting the foregoing, access to and use of the Platform is not available in the United States, any of its states, possessions, territories or federal districts, or to U.S. persons (as defined under (i) Regulation S promulgated under the U.S. Securities Act of 1933, as amended, (ii) the U.S. Commodity Exchange Act, as amended, and the rules and regulations promulgated thereunder, and (iii) the U.S. Internal Revenue Code of 1986, as amended, and the rules regulations promulgated thereunder) pursuant to the Platform’s Terms of Use.

No Registration. Neither the Platform nor any perpetual futures contracts traded on the Platform are registered with the Superintendence of the Securities Markets of Panama, the United States Securities and Exchange Commission, the United States Commodity Futures Trading Commission, or with any other regulator or governmental authority within or outside of the United States.

Risk of Total Loss of Investment. Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, any assets. Nothing herein constitutes investment, legal, tax or financial advice. Trading in perpetual futures and financial derivatives involves risks. A holder of perpetual futures may incur losses, including total loss of their purchase price. Past performance may not be (and for perpetual futures will not be) an indication of future results. Investors are responsible for conducting their own research, investigation, verification, checks or consultation for professional or investment advice. 

No Investment Advice. Ondo Perps does not provide investment advice. The materials on the Platform nor any correspondence with you should be interpreted as investment advice.

Important Information Regarding the Platform. Ondo Global Panama Inc., a Panama corporation makes available the Platform, which eligible users may access and utilize to enter into peer-to-peer perpetual futures contact transactions. Neither Ondo Global Panama Inc. nor any direct or indirect parent or subsidiary operates as an exchange, stock exchange, broker, dealer, financial advisor, market maker, or financial intermediary of any kind. No such entity acts as a counterparty to any transaction entered into by persons using the Platform. No such entity custodies any Platform user funds or digital assets, and no such entity has any oversight, involvement, or control over the individual contracts entered into between Platform users.

Peer-to-Peer Transactions. All perpetual futures contracts entered into through the Platform are executed directly between users on a peer-to-peer basis. The terms of each contract are governed solely by the applicable smart contracts and the parameters set by the parties to that contract.

Forward-Looking Statements. The communications herein may contain forward-looking statements, including, but not limited to, statements regarding future financial performance, business strategies, or expectations for the growth or development of the Platform or any of its respective affiliates (each, an “Applicable Entity”). These statements are based on management’s current expectations, estimates, projections, and beliefs, and are subject to a number of risks, uncertainties, and assumptions that could cause actual results to differ materially from those anticipated. Forward-looking statements can be identified by the use of terminology such as “may,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other similar expressions. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include, but are not limited to, the following: economic, competitive, legal, governmental, and technological factors affecting the operations, markets, products, services, or prices of any Applicable Entity. No Applicable Entity undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Additional terms and restrictions apply. See ondoperps.xyz for details.

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SOURCE Ondo Finance

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

on

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

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RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

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