Key Notes
Partnership establishes Chainlink as primary data provider for Ondo's tokenized financial products across multiple blockchains.
Ondo manages $1.8B in tokenized assets and recently expanded to BNB Chain with over 100 tokenized equities available.
ONDO token declined 5% despite increased trading volume following the announcement amid broader market downturn.
Ondo Finance and Chainlink have announced a strategic partnership to accelerate the adoption of infrastructure by traditional institutions on October 30. The agreement positions Chainlink as the data provider for Ondo’s tokenized stocks and ETFs, and selects Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the preferred solution for cross-chain asset movement for financial institutions.
Ondo has established i

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