ChainCatcher report, according to official announcements, Ondo Finance has partnered with Chainlink, adopting Chainlink as its official data oracle to accelerate the application of tokenized U.S. stocks in DeFi. According to the announcement, Chainlink provides institutional-grade pricing tailored specifically for Ondo's on-chain tokenized stocks, enabling DeFi protocols to price Ondo Global Markets assets with industry-leading accuracy, securely manage positions, and offer users stronger protection during market volatility. Currently, initial lending for Ondo tokenized assets supported by Chainlink—including SPYon, QQQon, and TSLAon—has been launched on Euler, allowing users to borrow stablecoins using tokenized stocks and ETFs as collateral. In the future, tokenized stocks and ETFs will be expanded to additional markets, treasuries, and structured products, enabling more efficient capital deployment and portfolio construction.
Ondo Finance partners with Chainlink to enable tokenized US stocks as DeFi collateral
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Summary
Ondo Finance has partnered with Chainlink to bring real-world assets (RWA) data to DeFi, enabling tokenized US stocks as collateral. Chainlink delivers institutional-grade pricing for assets such as SPYon, QQQon, and TSLAon, supporting accurate position management. These tokenized assets are now available for lending on Euler, where users can borrow stablecoins. The move aims to reduce DeFi exploit risks by improving collateral transparency. Future plans include expanding to more markets and structured products.
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