Ondo Finance, a platform for tokenized real-world assets, has named Chainlink as its official oracle provider, significantly enhancing the reliability and institutional integration of U.S. stocks and exchange-traded funds (ETFs) on blockchain networks for a global investor base. The collaboration aims to improve price accuracy and interoperability across decentralized markets, where tokenized shares are traded on various blockchains.
Chainlink will deliver customized price data for more than 100 tokenized instruments available on the Ondo platform. These include US-listed stocks and ETFs, offering a compliant and transparent alternative for international investors who face restrictions using traditional brokers.
Ondo currently manages over $320 million in locked value across 10 different blockchain networks. The company has expanded its reach into emerging markets, including an integration with BNB Chain, which is widely adopted in regions such as Asia and Latin America.
This expansion addresses a growing demand from non-U.S. investors seeking exposure to U.S. stock markets without relying on conventional financial services. Ondo ensures this access through auditable smart contracts and verified data sources.
The partnership will leverage Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to facilitate the secure movement of tokenized assets between blockchains and financial institutions. CCIP is currently undergoing trials with established financial entities, including Swift and the Depository Trust & Clearing Corporation (DTCC), which handle global clearing and settlement services.
Through CCIP, Ondo and Chainlink aim to establish a shared infrastructure, enabling banks, funds, and custodians to integrate tokenization while maintaining regulatory compliance. This initiative seeks to bridge traditional finance with more efficient blockchain environments.
Beyond the technical agreement, Chainlink will join the Ondo Global Market Alliance, a network focused on driving the adoption of tokenized assets globally. Concurrently, Ondo will participate in Chainlink’s corporate actions initiative, alongside 24 financial institutions like Swift, DTCC, and Euroclear, to transition traditional market processes onto blockchain.
The announcement reinforces Chainlink’s role as a foundational oracle infrastructure provider in the tokenized financial sector. It also solidifies Ondo’s position as a leading platform for integrating real-world assets into decentralized ecosystems. Both companies anticipate the alliance will accelerate the institutionalization of the sector, providing reliable data and interoperable mechanisms for a rapidly expanding market.