Ondo Finance has partnered with Chainlink to become the official data oracle for tokenized US stocks, enabling these assets to serve as collateral in decentralized finance (DeFi) on the Ethereum blockchain. This development aligns with the growing trend of using tokenized real-world assets, like US stocks, to enhance liquidity in DeFi markets. Chainlink’s oracles are a standard choice for Real-World Asset (RWA) protocols, providing crucial pricing and risk management support that contributes to the expansion of institutional-grade DeFi solutions on Ethereum.
Ondo Finance partners with Chainlink for tokenized US stocks as DeFi collateral
