Ondo Incorporates Chainlink for Tokenized Securities Support

Partnership Announcement: Ondo Finance has partnered with Chainlink to utilize its oracle services for real-time pricing and interoperability on its tokenized stocks platform, Ondo Global Markets.

Integration of Features: The collaboration will enable the use of Chainlink’s verified data feeds for accurate pricing, capture corporate actions, and incorporate Chainlink’s Automated Compliance Engine for regulatory adherence.

Market Expansion: Ondo is expanding its presence in the real-world asset sector, now operating across 10 blockchains and partnering with over 100 DeFi applications, having surpassed $300 million in tokenized equity assets shortly after launch.

Alignment of Markets: The partnership highlights a growing alignment between traditional and onchain markets, emphasizing the importance of transparency and standardization in the regulated digital asset space.