Ondo Finance has introduced the Ondo cross-chain bridge, facilitating the transfer of on-chain securities across Ethereum and BNB Chain. This new bridge supports over 100 stock and ETF tokens, allowing for seamless cross-chain transfers at a 1:1 asset parity. Developed in collaboration with LayerZero, the bridge is secured by decentralized validator nodes, including Canary Protocol, and utilizes Stargate for implementation.
The Ondo cross-chain bridge enables applications on Ethereum and BNB Chain to easily integrate support for Ondo assets. It also promises rapid scalability to other Ethereum Virtual Machine (EVM) compatible chains, enhancing the interoperability of on-chain securities.
Ondo Finance Launches Cross-Chain Bridge for On-Chain Securities
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