- The Ondo Bridge has a single cross-chain framework, allowing faster expansion to new chains and quick integration with over 2,600 applications connected to LayerZero.
- Apart from the bridge launch, Ondo is expanding its Global Markets platform to Solana and has submitted a regulatory roadmap to the U.S. SEC.
Ondo Finance has announced its latest collaboration with LayerZero, to launch its native Ondo Bridge for exchange-traded funds (ETFs), and tokenized stocks. The bridge is already live on Ethereum and BNB Chains, and will support more EVMs in the coming days.
Using this bridge, users can move Ondo’s tokenized stocks and ETFs easily across blockchains. Moreover, protocols, wallets, and applications that are already part of LayerZero can easily support Ondo Global Markets assets. With more than 100 assets available at launch, Ondo Bridge debuts as the largest cross-chain bridge for tokenized securities.
Ondo Bridge Coming to More EVM Chains In Weeks
Powered by LayerZero, Ondo’s new unified cross-chain bridging system replaces the previous method of separate, asset-specific bridges. This new framework brings together all Ondo Global Markets assets under a single cross-chain architecture. Thus, it allows tokenized equities and ETFs to move across networks without requiring individual bridge contracts for each asset on each chain.
As per Ondo, this setup pushes ahead the expansion to new EVM-compatible chains. Thus, Ondo Bridge can complete new integrations within weeks instead of months. All Ondo Global Markets assets now follow one consistent pathway for cross-chain transfers. This approach supports large-scale growth along with the increase in the number of tokenized assets.
With the infrastructure now live, Ondo assets can now be part of more than 2,600 applications already connected to LayerZero across networks such as Ethereum and BNB Chain. Cross-chain liquidity protocol Stargate has already added support for Ondo assets. The upgrade positions Ondo Bridge as a core piece of infrastructure for tokenized equities. Speaking on the development, Ondo Finance President Ian De Bode said:
“The stage is set for the rapid expansion of Ondo Global Markets across the multi-chain economy. Launching this Ondo Bridge with LayerZero empowers users to seamlessly transfer 100+ tokenized stocks and ETFs between Ethereum and BNB Chain, with many more chains coming soon.
Moreover, with any wallet, protocol, or app in LayerZero’s ecosystem now able to easily integrate Ondo assets out of the box, we’re accelerating the creation of advanced cross-chain use cases and embedding Ondo tokenized stocks as foundational DeFi assets.”
Launching Tokenized Stocks on Solana Blockchain
As reported by CNF on Dec. 16, Ondo Finance will be launching its tokenized stocks on the Solana blockchain network. Being popular for bringing US Treasuries and equities on-chain, Ondo will introduce its Global Markets platform on Solana. This will give investors 24/7 access to tokenized stocks and ETFs.
In its wider push for tokenized securities, Ondo Finance submitted a roadmap to the U.S. Securities and Exchange Commission (SEC) for putting its focus on regulating real-world assets on blockchain networks. In its submission, Ondo outlines how traditional financial instruments can be tokenized while remaining compliant with current securities laws. As per the firm, assets such as government bonds and money market products can operate within existing regulations.
