Ondo Finance Taps Chainlink to Power Institutional-Grade Tokenized Equities

6 hours ago 2
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Ondo Finance
  • Ondo Finance is teaming up with Chainlink to bring tokenized stocks and ETFs on-chain faster and at scale.
  • Consequently, Chainlink has joined the Ondo Global Market Alliance, an ecosystem of top wallets, exchanges, and custodians.

Ondo Finance, a leading platform for tokenized real-world assets, has announced a partnership with Chainlink, the world’s decentralized oracle network.

Through this partnership, Chainlink becomes the trusted data infrastructure behind Ondo’s tokenized equities, as the two firms work jointly to make CCIP the go-to interoperability solution for institutions entering the blockchain ecosystem.

By joining forces with Ondo, Chainlink has officially entered the Ondo Global Market Alliance, a network that is driving the tokenization of traditional securities. With over 100 assets live and $300 million in TVL, the platform continues to scale institutional-grade RWAs on-chain.

To ensure reliable and resilient market data, Chainlink will provide custom price feeds for each tokenized equity. This will guarantee that Ondo’s tokenized stocks and ETFs are priced using high-quality, tamper-resistant data, setting a new benchmark for transparency and accuracy in the tokenized asset space.

Beyond data, Chainlink delivers the infrastructure layer that supports compliance requirements such as investor eligibility, automation, transfer agent functionality, and proof-of-reserve verification, all essential for aligning tokenized assets with evolving regulatory standards.

Ondo is also joining Chainlink’s Corporate Actions Initiative, collaborating with 24 of the world’s top financial players, including Swift, DTCC, and Euroclear, to advance interoperability between traditional markets and blockchain networks.

“With the recent launch of Ondo Global Markets, we’re witnessing the convergence of traditional and decentralized finance in real time. By adopting Chainlink as the official oracle infrastructure for our tokenized stocks, we’re making our tokenized assets seamlessly composable across DeFi and institutional rails,” Nathan Allman, CEO & Founder of Ondo Finance, explained.

Ondo’s Market Growth and Metrics

The announcement follows Ondo Finance’s expansion of its Global Markets platform to BNB Chain to increase accessibility for non-U.S. investors. This move enables global users to gain exposure to tokenized U.S. equities with 24/7 trading, blockchain-based settlement, and on-chain custody, eliminating many of the limitations of traditional market hours and intermediaries.

As detailed in our recent coverage, this expansion builds on the platform’s successful debut on Ethereum in September, where Ondo Global Markets quickly gained momentum, surpassing $350 million in total value and recording more than $669 million in on-chain trading volume within weeks of launch.

According to data from RWA.xyz, Ondo currently boasts a total value of $1.80 billion, reflecting a 3.62% increase over the past 30 days. The platform now supports 105 tokenized real-world assets and counts 29,580 holders, marking a 3.03% month-over-month increase in participation.

However, the platform’s monthly transfer volume has dipped by 44.51% to $419.56 million, a temporary slowdown in trading activity as markets adjust to its recent cross-chain integrations.

Other projects in the tokenization space are also expanding their adoption of Chainlink’s technology stack. Streamex, a vertically integrated commodity tokenization company, recently implemented Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across both the Base and Solana mainnets.

According to our earlier update, Streamex has also adopted Chainlink’s Proof of Reserve (PoR) standard to ensure real-time verification of off-chain reserves backing its tokenized commodities.

Despite these developments, LINK has experienced a short-term pullback, declining by 5.94% in the past 24 hours to around $17.

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