Ondo Finance partnered with Chainlink to use its oracles. This strategic move will secure and scale the tokenization of RWAs globally.
Let me guess-another blockchain āpartnershipā where they take a perfectly good financial system and make it⦠more complicated? š Ondo Finance, a āprominent tokenization platform,ā just dropped a landmark deal with Chainlink, a ātop oracle platform.ā Signed on October 30th, because why not pick a random date and call it historic? š This ābridge between traditional finance and blockchainā basically means theyāre slapping a blockchain label on things that already work fine. But hey, at least the basis of tokenized assets is now āsecured.ā
Chainlink Becomes Official Oracle Provider for Ondoās Assets
Tokenization is the āessential processā of turning real-world assets (like stocks) into digital tokens. Because nothing says ādemocratize financeā like letting people buy fractions of things they donāt understand. š¤·āļø Chainlink is now the āofficial oracle providerā for Ondoās tokenized securities. Great! Now we can trust robots to tell us what a stock is worth. š¤
Related Reading: Crypto News: Ondo Finance Calls for More Transparency Before Nasdaq Tokenization | Live Bitcoin News
Chainlink also joined the Ondo Global Market Alliance. Because nothing says ātrustā like adding more middlemen. š¤ Now Ondo claims to have over 100 tokenized assets live. Congrats! Thatās 100 ways to confuse investors. Oh, and $300 million TVL-because nothing says āsecureā like locking up cash in a system only a developer could love. šø
Chainlinkās ācustom and robust price feedsā track dividends and ārich valuations on-chain.ā Because nothing says ādata integrityā like a bunch of code that probably crashes every time the stock market does. š But hey, itās āseamlessā across all blockchains. Nothing like trusting 10 different ledgers to agree on the same number.
Collaboration Will Accelerate Institutional Adoption of CCIP Technology
Ondo has a ābiggest institutional ecosystem.ā By which they mean theyāve convinced some banks to play along. š¦ Now theyāll work with Chainlink to transfer assets on-chain. Because nothing says āinstitutional adoptionā like making banks do the same thing theyāve been doing for decades⦠but slower. ā³
Theyāre also teaming up to make CCIP the āsolution of choiceā for cross-chain projects. Because nothing says āinteroperabilityā like creating a new acronym no one asked for. š¤·āļø Ondo will join Chainlinkās ācorporate actions initiativeā immediately. Because urgency is key when youāre building a house of cards.
The project includes 24 ālargest financial institutions,ā including Swift, DTCC, and Euroclear. Oh, how exciting! Now theyāre āsignificantly improving interoperabilityā between traditional markets and blockchain. Because nothing says āinnovationā like pretending the past decade didnāt happen. š°ļø
Nathan Allman, CEO of Ondo, said this is a āmilestone for on-chain finance.ā Because nothing says āevolutionā like rebranding old systems as āblockchain.ā š He mentioned ācomposably linkedā assets-because nothing says āfinancial revolutionā like using the word ācomposable.ā š¤Æ
This partnership will āfacilitate inclusion of asset managersā in on-chain markets. Because nothing says āfinancial inclusionā like charging fees for the privilege of being confused. šø It also āspeeds up adoptionā in āenterprise.ā Because nothing says āenterpriseā like a system that only works if youāre already rich and powerful. š¼
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2025-11-03 17:23