Ondo Finance has partnered with Chainlink to convey real-world property (RWA) knowledge to DeFi, enabling tokenized US stocks as collateral. Chainlink delivers institutional-grade pricing for property such as SPYon, QQQon, and TSLAon, supporting correct place administration. These tokenized property at the moment are out there for lending on Euler, the place customers can borrow stablecoins. The transfer goals to cut back DeFi exploit dangers by bettering collateral transparency. Future plans embody increasing to extra markets and structured merchandise.
ChainCatcher report, in accordance to official bulletins, Ondo Finance has partnered with Chainlink, adopting Chainlink as its official knowledge oracle to speed up the appliance of tokenized U.S. stocks in DeFi.
In accordance to the announcement, Chainlink gives institutional-grade pricing tailor-made particularly for Ondo’s on-chain tokenized stocks, enabling DeFi protocols to value Ondo International Markets property with industry-leading accuracy, securely handle positions, and supply customers stronger safety throughout market volatility.
At present, preliminary lending for Ondo tokenized property supported by Chainlink—together with SPYon, QQQon, and TSLAon—has been launched on Euler, permitting customers to borrow stablecoins utilizing tokenized stocks and ETFs as collateral. Sooner or later, tokenized stocks and ETFs might be expanded to extra markets, treasuries, and structured merchandise, enabling extra environment friendly capital deployment and portfolio development.
