Chainlink Launches Price Feeds for Ondo Tokenized U.S. Equities on Ethereum

TL;DR

• Chainlinknow provides onchain price feedsfor Ondo Finances tokenized US equities, including SPYon, QQQon, and TSLAonon Ethereum.
• The feeds allow these assets to serve as collateralin DeFi lending platformslike Euler.
• By incorporating corporate actions such as dividends, the integration ensures accurate, real-time pricingand expands the practical use of tokenized stocksin decentralized finance applications.

Ondo Financehas announced that Chainlinkhas become the official oraclefor its tokenized US stock offerings on Ethereum. Price feeds for SPYon, QQQon, and TSLAonare now live, supplying decentralized protocolswith reliable onchain reference data.

Users on Eulercan use these tokenized equities as collateralto borrow stablecoins. The feeds reflect changes in the underlying stocks, including dividends and corporate actions, improving the precision of lending and liquidation processes. This integration also enables automated strategies within DeFi platforms, allowing liquidity providers and borrowers to interact with tokenized equities more efficiently and with less reliance on manual price checks.

Expanded Lending Opportunities With Onchain Pricing

Before this integration, tokenized equitiesmainly provided price exposurebut were limited as collateral. By linking exchange-traded pricesto decentralized oracles, Ondo enables DeFi protocolsto set and monitor collateral factors and liquidation thresholdsmore effectively. The initial rollout covers SPYon, QQQon, and TSLAon, while additional tokenized stocks and ETFsare planned as adoption increases. Sentorais responsible for overseeing risk parametersin these new lending markets. Developers can also leverage these feeds to build new financial products, including synthetic derivatives and automated yield strategies tied directly to tokenized equities.

Tokenized Equities Gain Momentum Across Platforms

The launch coincides with growing activity in both traditional and crypto marketsfor tokenized securities. Nasdaqand the New York Stock Exchangeare exploring blockchain-based platformsfor trading tokenized stocks and ETFs. On the crypto side, over 60 tokenized US stocksare already live on Krakenand Bybit. Robinhoodhas also started testing tokenized assetson its Ethereum-based layer-2 network. These developments indicate wider acceptance of blockchain-based equitiesin both centralized and decentralized finance.

By providing secure, accurate price feeds, Chainlinkstrengthens the foundation for tokenized equitiesto be used in lending, trading, and structured products. As more stocks and ETFsintegrate into DeFi, tokenized US equitiescould become a mainstream optionfor investors seeking flexible, onchain exposureto traditional markets.