Ondo integrates Chainlink feeds for tokenized US stocks on Ethereum

Ondo Finance said its Ondo Global Markets platform has integrated Chainlink as its official data oracle, bringing price feeds for tokenized US stocks — SPYon, QQQon and TSLAon — live on Ethereum. The feeds are already used on Euler, where users can post the tokenized equities as collateral to borrow stablecoins.

They supply onchain pricing data that lets DeFi protocols set collateral parameters and manage liquidations using reference prices tied to the underlying equities, and they incorporate corporate actions such as dividends so applications can reference updated equity values.

Initial support covers SPYon (SPDR S&P 500 ETF), QQQon (Invesco QQQ ETF) and TSLAon (Tesla stock), with additional tokenized stocks and ETFs expected as oracle coverage and protocol integrations expand.

ondo finance, chainlink, tokenized stocks, spyon, qqqon, tslaon, ethereum, euler, defi, price feeds