Ondo Finance integrates Chainlink as its official data oracle, enabling price feeds for tokenized US stocks like SPYon, QQQon, and TSLAon to go live on Ethereum. The feeds are used on Euler, allowing users to post tokenized equities as collateral to borrow stablecoins. Corporate actions like dividends are incorporated into the feeds.

The integration of Chainlink provides onchain pricing data for tokenized assets, allowing DeFi protocols to set collateral parameters and manage liquidations based on reference prices tied to the underlying equities. The initial support includes SPYon, QQQon, and TSLAon, with more tokenized stocks and ETFs expected to be added.

Ondo Finance and Chainlink announced a partnership in October 2025, designating Chainlink as the primary data provider for Ondo’s tokenized stocks and ETFs. This move aims to expand the use of tokenized stocks in lending and structured products by providing onchain price feeds and exchange-linked liquidity.

As US regulators refine the legal framework for tokenized securities, Nasdaq, NYSE, and crypto platforms are accelerating efforts to tokenize US equities. Nasdaq filed for a rule change, while NYSE and ICE are developing a blockchain-based platform for trading tokenized stocks and ETFs. Over 60 tokenized US stocks are already available on crypto exchanges.

Fintech Robinhood introduced tokenized versions of nearly 500 US stocks for EU users and launched a public testnet for Robinhood Chain, an Ethereum layer-2 network supporting tokenized real-world and digital assets. This network allows 24/7 trading, self-custody, and onchain lending and derivatives applications.

Read more at Cointelegraph: Ondo Integrates Chainlink Price Feeds for Tokenized US stocks on Ethereum