> ## Documentation Index
> Fetch the complete documentation index at: https://docs.passage.coinlist.co/llms.txt
> Use this file to discover all available pages before exploring further.

# Embed tokenized stocks and funds

> Let your users buy, hold, and sell tokenized stocks and funds natively inside your app.

**In one sentence:** let your users buy, hold, and sell tokenized stocks and funds natively inside your app.

**Who it's for:** fintechs, neobanks, and wallets with a global user base.

**The flow:** the user signs in with Passage via OAuth, completes KYC and eligibility, buys through the Passage purchase flow inside your app, and receives tokens to their self-custody wallet.

## What a stock is

A stock is an ownership share in a company. Owning a share entitles the holder to the economic upside of the company, to dividends where the company pays them, and to other rights such as voting. A tokenized stock is a blockchain token that represents that share, held in the user's own wallet rather than a brokerage account, and it settles like any other digital asset. Not every tokenized stock carries the same rights: some are direct ownership of the underlying share, others are wrapped exposure that tracks the price. See [Asset catalog](/assets/catalog) for the full primer.

## What a fund is

A fund represents a basket of assets managed by an asset manager. Funds can be actively managed, where the manager makes discretionary decisions, or passively managed, where the fund follows an index or a set allocation strategy. See [Asset catalog](/assets/catalog) for the full primer.

## Who issues the assets

Superstate issues tokenized US equities through Opening Bell, where the token is direct ownership of the underlying share. Ondo issues a broad catalog of tokenized stocks and funds as wrapped exposure. WisdomTree is coming soon with tokenized funds where the token is a direct fund interest held in the investor's name. The difference matters to your users, so see [Asset partners](/assets/partners) before you pick what to surface.

## Build it

<CardGroup cols={3}>
  <Card title="Ondo Swap Buy" icon="arrows-rotate" href="/sdk/ondo-swap-buy">
    The purchase path for Ondo assets.
  </Card>

  <Card title="Superstate Swap" icon="arrows-rotate" href="/sdk/swap-flow">
    The purchase path for Superstate assets.
  </Card>

  <Card title="Fetch offers" icon="list" href="/sdk/fetch-offers">
    List the offers available to your users and read their requirements.
  </Card>
</CardGroup>