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Ondo Finance launches Ondo cross-chain bridge for on-chain securities, now live on Ethereum and BNB Chain
PANews December 18 News, according to official sources, Ondo Finance announced the launch of the Ondo Cross-Chain Bridge for on-chain securities. The Ondo Cross-Chain Bridge is now live on Ethereum and BNB Chain, enabling cross-chain transfers of over 100 stock tokens and ETF tokens. The bridge is built in collaboration with LayerZero and secured by a decentralized verification node network (DVN) including Canary Protocol, and is integrated with Stargate to enable the following functions: cross-chain transfer of Ondo stock tokens and ETF tokens at a 1:1 asset parity; helping applications on Ethereum and BNB Chain easily add support for Ondo assets; and rapid large-scale expansion to other EVM-compatible chains.