Ondo Global Markets has announced a strategic partnership with Chainlink, using Chainlink Data Feeds as the official oracle solution to improve onchain pricing for its tokenized US stocks and ETFs.
Chainlink’s decentralized oracle networks will enable smart contracts on Ondo’s platform to communicate securely with external data sources, ensuring accurate and reliable pricing information for tokenized assets such as SPYon, QQQon and TSLAon. These feeds are now live and already secure DeFi applications like Euler, allowing users to borrow stablecoins against tokenized stocks and ETFs used as collateral.
Tokenized securities can now be safely and reliably used as productive DeFi collateral, including in the credit markets, vaults and structured products – all backed by institutional-quality market data powered by Chainlink.
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