Ondo Finance selects Chainlink for tokenized asset price feeds

Ondo Finance has selected Chainlink as the official provider for its tokenized stock and ETF price feeds, CoinDesk reported. Chainlink will supply data for over 100 of Ondo's tokenized stocks, a service that includes information on corporate actions such as dividend payments. The two companies also plan to use Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the standard for transferring tokenized assets between blockchains. As part of the collaboration, Chainlink is set to join the Ondo Global Markets Alliance.