Ondo Taps Chainlink to Power Data Feeds for 100+ Tokenized Equities
Summary
Ondo Finance has named Chainlink as the official oracle provider for its platform, which features over 100 tokenized U.S.-listed stocks and ETFs spanning 10 blockchains and representing over $320 million in total value locked. Chainlink will supply custom price feeds, including data on corporate actions like dividends, to ensure accurate valuations across these decentralized assets. This partnership also involves leveraging Chainlink's Cross-Chain Interoperability Protocol (CCIP) as a standard for institutional movement of tokenized assets between blockchains. Furthermore, Chainlink is joining the Ondo Global Market Alliance, while Ondo will participate in Chainlink’s corporate actions initiative, which focuses on integrating market infrastructure onto blockchain rails.
(Source:CoinDesk)