#Euler

Chainlink Powers Price Feeds for Ondo Tokenized Stocks

Chainlink has launched decentralized price feeds for Ondo Finance’s tokenized equities, enabling these assets to function as collateral within the Euler lending protocol. This integration provides real-time, on-chain pricing for SPYon, QQQon, and TSLAon, while accounting for corporate actions like dividend distributions. Previously, tokenized stocks were primarily held for price exposure rather than utility in decentralized finance lending markets. By bridging exchange-linked liquidity with reliable price data, this development allows DeFi protocols to accurately manage collateral parameters and liquidation risks. The move represents a significant step toward integrating traditional equity markets into blockchain-based financial infrastructure. Broader industry momentum is also building, evidenced by Nasdaq’s recent SEC filing regarding tokenized stock trading and Robinhood’s launch of an Arbitrum-based layer-2 network. These combined efforts signal a shift toward 24/7 on-chain trading and lending for institutional-grade assets.

coinmarketcap.com·Jul 1