Ondo Finance, a leader in tokenizing real-world assets, today announced the launch of Ondo Bridge in partnership with LayerZero.
This bridging solution enables seamless cross-chain transfers of Ondo tokenized stocks and ETFs, while also allowing more than 2,600 protocols, wallets, and applications integrated with LayerZero to easily add Ondo global market assets.
Ondo Bridge is already live on the Ethereum and BNB chains, and will support other EVM chains in the future. It is the largest tokenized security bridge, supporting over 100 stocks and ETFs.
Cross-chain capabilities provide DeFi applications with broader liquidity and more flexible usage, while maintaining the reliability and predictability expected of institutional-grade real-world assets.
Main features:
Rapidly deploy new chains : Ondo Bridge can connect to other EVM chains within weeks.
Single path for all assets : All Ondo global market assets can now be bridged across the EVM network via LayerZero's standardized framework.
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’s global marketplace to rapidly expand in 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 shares into underlying DeFi assets.”
“Tokenized assets are rapidly becoming a better version of all existing assets in traditional markets: more transparent, more programmable, and able to move with internet speed and determinism,” said Bryan Pellegrino, CEO of LayerZero Labs. “We are excited to support Ondo in bringing next-generation financial assets on-chain and making them widely available in the global crypto economy.”
Since its launch on Ethereum in September, Ondo Global Marketplace has become the world's largest tokenized securities platform, with a total value locked exceeding $400 million and a trading volume exceeding $2 billion. The platform recently expanded to the BNB chain, providing access to on-chain securities to the network's 3.4 million daily active users.
Stargate has integrated Ondo assets into its protocol via the Ondo Bridge. This architecture will expand to the new EVM network within weeks, accelerating democratization of access to the US market 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 onto the blockchain. For more information, please visit https://ondo.finance .
