Ondo Finance has integrated Chainlink as the official oracle for its Ondo Global Markets platform, enabling live price feeds for SPYon, QQQon and TSLAon tokenised US stocks on Ethereum.
The feeds are now active on Euler, where users can post the Ondo-issued tokenised equities as collateral to borrow stablecoins in decentralised finance lending markets.
According to Ondo, the integration delivers onchain pricing tied to underlying equities and incorporates corporate actions such as dividends, allowing DeFi protocols to set collateral parameters and manage liquidations.
Initial coverage includes SPYon representing the SPDR S&P 500 ETF, QQQon representing the Invesco QQQ ETF and TSLAon tracking Tesla stock, with additional tokenised stocks and ETFs expected as oracle support and protocol integrations expand.
Risk parameters for the new lending markets, including collateral factors and liquidation thresholds, are being set and monitored by Sentora, and following the announcement the Chainlink share price was unchanged at $XX.
Ondo said the development addresses a prior limitation where tokenised equities were largely held for price exposure rather than widely accepted as collateral in DeFi, with the companies aiming to pair exchange-linked liquidity and onchain data to broaden structured product use.
The move follows an October 2025 partnership naming Chainlink as Ondo’s primary data provider and comes amid a wider push by Nasdaq, the SEC, the New York Stock Exchange, Kraken, Bybit and Robinhood to bring tokenised US equities and ETFs onto blockchain infrastructure.
At the time of reporting, Ondo price was $0.2446.