TLDR
- Ondo Global Markets has integrated Chainlink oracles to provide real-time pricing for tokenized U.S. equities on Ethereum.
- Tokenized equities like SPYon, QQQon, and TSLAon can now be used as collateral in DeFi lending markets.
- The integration enables decentralized finance platforms like Euler to borrow stablecoins using tokenized stocks.
- Chainlink’s institutional-grade price feeds incorporate corporate actions such as dividends, ensuring accurate asset values.
- Ondo and Chainlink aim to bridge traditional finance with blockchain-based DeFi infrastructure for enhanced security and efficiency.
Ondo Global Markets has launched real-time price feeds for its tokenized U.S. equities through Chainlink oracles on Ethereum. The integration advances decentralized finance (DeFi) platforms by enabling lending markets to use tokenized stocks like SPYon, QQQon, and TSLAon. The data feeds ensure reliable, institutional-grade pricing and risk management, marking a major milestone for tokenized assets in DeFi.
Tokenized Equities Now Usable as DeFi Collateral
With the live integration of Chainlink data feeds, Ondo’s tokenized equities can now be used as collateral in DeFi lending markets. SPYon, QQQon, and TSLAon represent major U.S. equities and exchange-traded funds (ETFs) in tokenized form. Users can now borrow stablecoins against these tokenized assets through lending protocols such as Euler, creating new opportunities for DeFi participants.
This development combines the liquidity of traditional exchanges, such as Nasdaq and NYSE, with Chainlink’s trusted oracle network. As a result, these tokenized equities function as valuable collateral in decentralized markets, supporting lending, vault strategies, and other structured products.
The integration opens up new possibilities for tokenized equities, transforming them from simple investment vehicles to productive assets in DeFi. The move aims to provide broader adoption by addressing previous limitations related to price exposure. By making tokenized stocks more usable in decentralized applications, Ondo and Chainlink set a foundation for more complex use cases in DeFi.
Ondo Leverages Chainlink for Institutional-Grade Pricing
Ondo has integrated Chainlink feeds for accurate pricing of its tokenized U.S. equities. The new feeds include corporate actions like dividends. This ensures the tokenized assets match the real-time market values of the underlying equities. It makes tokenized stocks more reliable for DeFi applications. The feeds help define collateral parameters and liquidation thresholds.
The pricing data is designed to offer institutional-grade accuracy, which strengthens the reliability of tokenized securities in DeFi markets. Chainlink’s oracles provide a decentralized, tamper-resistant method of delivering this pricing data, supporting Ondo’s goal of creating a more secure and efficient DeFi ecosystem. Ondo’s collaboration with Chainlink is seen as a strategic move to integrate traditional financial assets into blockchain-based financial systems.
