Ondo and LayerZero launch cross-chain bridge for tokenized stocks and ETFs
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Ondo and LayerZero launch cross-chain bridge for tokenized stocks and ETFs
Ondo Bridge has launched on Ethereum and BNB Chain, with support for additional EVM chains coming in the future. It is the largest tokenized securities bridge, supporting over 100 stocks and ETFs.
Navigating Web3 tides with focused insightsOndo Finance, a leader in tokenizing real-world assets, today announced the launch of Ondo Bridge in collaboration with LayerZero.
This bridging solution enables seamless cross-chain transfers of Ondo's tokenized stocks and ETFs, while allowing over 2,600 protocols, wallets, and applications integrated with LayerZero to easily add Ondo Global Market assets.
Ondo Bridge is now live on Ethereum and BNB Chain, with support for additional EVM chains coming soon. It is the largest bridge for tokenized securities, supporting more than 100 stocks and ETFs.
Cross-chain capabilities provide DeFi applications with broader liquidity and greater flexibility in usage, while maintaining the reliability and predictability expected from institutional-grade real-world assets.
Key Features:
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Rapid deployment to new chains: Ondo Bridge can connect to additional EVM chains within weeks.
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Single path for all assets: All Ondo Global Market assets can now be bridged across EVM networks using LayerZero’s standardized framework.
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Built for scale: The architecture simplifies operations and is designed to support the flow of hundreds of assets across multiple chains.
"Now is the perfect time for Ondo Global Market to rapidly expand into the multi-chain economy," said Ian De Bode, President of Ondo Finance. "We are accelerating the creation of advanced cross-chain use cases and embedding Ondo tokenized equities into core DeFi assets."
"Tokenized assets are quickly becoming superior versions of all existing assets in traditional markets: more transparent, programmable, and capable of moving at internet speed and certainty," said Bryan Pellegrino, CEO of LayerZero Labs. "We're excited to support Ondo in bringing next-generation financial assets onchain and making them widely accessible across the global crypto economy."
Since launching on Ethereum in September, Ondo Global Market has become the world's largest platform for tokenized securities, with over $400 million in total value locked and more than $2 billion in trading volume. The platform recently expanded to BNB Chain, providing access to onchain securities for the network's 3.4 million daily active users.
Stargate has already integrated Ondo assets into its protocol via Ondo Bridge. The architecture will expand to new EVM networks within weeks, accelerating democratized access to U.S. markets while enabling new cross-chain DeFi use cases.
About Ondo Finance
Ondo is a blockchain technology company. Its mission is to accelerate the transition to an open economy by building platforms, assets, and infrastructure that bring financial markets onchain. For more information, visit https://ondo.finance.
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