Today as part of the Road to SmartCon, tokenized real-world asset (RWA) issuer Ondo Finance announced a strategic partnership with industry-standard oracle platform Chainlink to power its regulated tokenized stocks platform. Ondo has established Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its preferred interoperability solution and adopted the Chainlink data standard to ensure tokenized stocks are accurately and reliably priced.
Chainlink has also joined the Ondo Global Market Alliance, a group of firms supporting the adoption of tokenized stocks onchain.
Last month, the Ondo Foundation officially launched Ondo Global Markets, the largest platform providing 24/7 onchain access to more than 100 U.S. stocks and ETFs with over $300 million in total value locked. Chainlink’s institutional-grade data infrastructure now provides each tokenized equity with custom price feeds that capture all economic and corporate action events and deliver comprehensive valuations directly onchain.
Ondo is also joining Chainlink’s corporate actions initiative with 24 of the world’s largest financial organizations, including Swift, DTCC, and Euroclear. The system demonstrates how Chainlink oracles and large language models can validate and deliver critical financial data cross-chain, ultimately saving the global financial industry tens of billions of dollars in annual processing costs with minimal disruption to existing operations.
Ondo has one of the largest institutional ecosystems for RWA tokenization spanning top global financial institutions and DeFi protocols, with assets live across 10 blockchains and integrated into more than 100 applications. Now with CCIP as the preferred solution for cross-chain initiatives, Chainlink and Ondo are working together to bring leading financial institutions and their tokenized assets onchain.
In an official announcement, Ondo Finance CEO Nathan Allman underscored the partnership’s potential to unlock entirely new use cases and accelerate enterprise adoption.
“With the recent launch of Ondo Global Markets, we’re witnessing the convergence of traditional and decentralized finance in real time,” he said. “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.”
“Ondo’s deployment of tokenized stocks using Chainlink showcases what institutional-grade tokenized stocks look like in production,” added Chainlink co-founder Sergey Nazarov.
“By securing its tokenized stocks with Chainlink, Ondo is redefining how traditional financial instruments can operate onchain in a programmable, composable, and globally accessible way. This is how we build the next generation of capital markets.”