Ondo Finance, a leading platform for tokenized real-world assets, has partnered with Chainlink, a top oracle network, to speed up the global adoption of tokenized stocks and exchange-traded funds (ETFs) on the blockchain.
Key Highlights
- Ondo and Chainlink partnership: This collaboration aims to bring traditional finance onchain, bridging the gap between global institutions and blockchain technology.
- Official oracle provider: Chainlink is now the official oracle provider for Ondo’s tokenized stocks and ETFs.
- Preferred cross-chain solution: Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will serve as the main interoperability layer for institutional transactions in Ondo’s ecosystem.
Why it matters
This partnership builds the foundation for a new era of financial infrastructure, enabling the tokenization of trillions of dollars in real-world assets. By using Chainlink’s secure and reliable oracle technology, Ondo enhances transparency, accuracy, and real-time access to essential data like prices, dividends, and valuations directly onchain.
Expanding global access
Ondo’s Global Markets Alliance — which includes major industry players like wallets, exchanges, and custodians — focuses on driving adoption of tokenized securities as financial markets transition to blockchain.
Tokenized growth
With more than 100 tokenized stocks and ETFs and over $300 million in total value locked, Ondo continues to redefine how investors access traditional financial instruments. Through Chainlink’s innovative technology, Ondo can now offer seamless, data-driven solutions for institutions seeking secure exposure to onchain assets.
