Buy Crypto

Ondo Finance Teams Up with Chainlink for Tokenized Stocks Growth

Date:

Share post:

Ondo Finance Partners with Chainlink for Tokenized Stocks

Ondo Finance has chosen Chainlink as its official oracle provider. This partnership powers real-time pricing and interoperability for Ondo’s regulated tokenized stocks platform, Ondo Global Markets. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will connect assets within Ondo’s onchain framework.

Each tokenized equity and ETF on Ondo Global Markets will use Chainlink’s verified data feeds to provide accurate, real-time pricing, according to a press release.

Chainlink oracles will also capture corporate actions, such as dividends and stock splits. Investors can track asset performance onchain with institutional-grade accuracy.

The integration includes Chainlink’s Automated Compliance Engine (ACE) to enforce jurisdictional and regulatory rules in real time.

Growth in Tokenized Stocks and Real-World Assets

Ondo’s move to integrate Chainlink supports its growing role in the real-world asset (RWA) sector. The company now operates on 10 blockchains and works with over 100 DeFi applications and institutions, according to data.

Earlier this month, Ondo Global Markets announced it surpassed $300 million in tokenized equity assets, only weeks after launching, as reported by Crypto Times.

This growth shows rising demand for regulated digital assets. Chainlink provides the essential data, compliance, and interoperability layers. Together, Ondo and Chainlink demonstrate alignment between traditional and onchain markets on transparency and standards.

Marcel
Marcelhttps://cryptonewspub.com/
Marcel is the enthusiastic owner and editor-in-chief of CryptoNewsPub, the go-to source for the latest news, sharp analyses, and groundbreaking insights into the world of cryptocurrency and blockchain. With his passion for decentralization and innovation, he makes complex developments clear and accessible to both novice crypto enthusiasts and seasoned traders. Marcel’s articles inspire, inform, and empower you to embrace the digital financial revolution with confidence.

Related articles

Post-Halloween Crypto Rally Boosts Ethereum AAVE Dogecoin Gains

Crypto Market Activity Around Halloween As Halloween approaches, the crypto market faces its usual mix of volatility and anticipation....

JPMorgan Tokenizes Private Equity on Kinexys Blockchain Platform

JPMorgan Chase has begun tokenizing private equity funds on its own blockchain. This initiative targets the bank’s private...

TeraWulf Raises 900M With Convertible Senior Notes for Crypto Data Center

TeraWulf Upsizes Convertible Senior Notes Offering to $900 Million TeraWulf Inc. (Nasdaq: WULF), a U.S.-based digital infrastructure company, announced...

Ondo Finance and Chainlink partner to tokenize financial assets

Ondo Finance Partners with Chainlink to Tokenize Real-World Assets Ondo Finance and Chainlink have joined forces to improve tokenized...