Ondo Taps Chainlink to Power Onchain Price Feeds for Tokenised U.S. Stocks

• ‘Ondo Finance has integrated Chainlink as its official oracle to provide live, on-chain price feeds for tokenised US stocks, including SPYon, QQQon, and TSLAon (Tesla).
• These tokenised assets are now usable as collateral on the Euler lending protocol, allowing users to borrow stablecoins against their stock holdings without selling them.
• The move aims to transform “static” tokenised equities into productive capital, bridging the gap between traditional stock market liquidity and DeFi ecosystems.

Ondo Finance is powering price feeds for tokenised US stocks, according to a recent blog post. 

On Wednesday, the platform said its Ondo Global Markets platform has integrated Chainlink as its official oracle, putting live on-chain price feeds in place for its tokenised equities: SPYon, QQQon and TSLAon. 

The feeds are already being used on Euler, where users can deposit the tokens as collateral and borrow stablecoins.

DeFi shouldn’t stop at crypto. By enabling tokenized stocks as collateral on Euler users can borrow against their securities and unlock liquidity without selling. This transforms static holdings into productive capital while bringing much-needed diversification to DeFi collateral.

Jonathan Han, CEO at Euler.

Ondo said tokenised equities have mostly been used for simple price exposure and were rarely accepted as collateral. By pairing exchange-linked liquidity with on-chain price feeds, it says the assets can plug into lending markets and other structured DeFi products. More tokenised stocks and ETFs are expected as oracle coverage and protocol integrations expand.

Read more: Bitcoin Miner Cango Sells $305M in BTC to Fund AI Compute Push

Tokenising US Stocks

The integration follows an October 2025 Ondo-Chainlink partnership that designated Chainlink as the primary data provider for Ondo’s tokenised stocks and ETFs. 

Tokenisation refers to representing ownership or value of real-world assets as blockchain tokens, typically on networks such as Ethereum, to enable on-chain transfer and settlement.

The move comes as more traditional institutions are embracing these benefits, including Nasdaq, which recently extended US equities trading to nearly 24 hours a day, as Crypto News Australia reported.

CME Group CEO Terry Duffy has also said the firm is exploring a potential “CME coin” on a decentralised network.

Related: Vitalik Buterin Draws Line on ‘Real’ DeFi, Slams USDC Yield Models

The post Ondo Taps Chainlink to Power Onchain Price Feeds for Tokenised U.S. Stocks appeared first on Crypto News Australia.