Chainlink Price Feeds Launch for Ondo's Tokenized US Stocks

Ondo's tokenized stocks are now supported by Chainlink price feeds on Ethereum, enhancing their use in DeFi lending markets.

The integration of Chainlink price feeds for Ondo's tokenized equities has officially launched on the Ethereum network. With this development, the tokens SPYon, QQQon, and TSLAon can now serve as collateral within decentralized finance (DeFi) lending platforms.

This advancement marks a significant step in bridging traditional equity assets with blockchain technology, thereby expanding opportunities for users engaging with DeFi ecosystems. By utilizing Chainlink's reliable price oracles, Ondo's tokenized stocks can achieve enhanced liquidity and usability in various DeFi applications.