Ondo Brings Wall Street Assets to DeFi with 173 Tokenized Stocks

Ondo Finance has made significant strides in tokenizing traditional Wall Street assets by adding 173 U.S. stocks and exchange-traded funds (ETFs) to its platform on the BNB Chain network.

This move brings institutional finance directly onto a decentralized ecosystem, making it easier for on-chain investors to buy and sell these assets without needing brokers.

The newly introduced assets include large-cap equity shares such as Apple, Nvidia, and Microsoft, among others. The platform's total offering has now surpassed 430 assets across Ethereum, Solana, and BNB Chain.

Ondo Finance utilizes Chainlink oracles to provide real-time pricing data for the tokenized assets, ensuring absolute precision and accuracy in market valuations.