Hassan Maishera
On Wednesday, the Ondo Finance team announced via X that it has launched the Ondo Bridge for onchain securities. Now live on Ethereum and BNBCHAIN, the Ondo Bridge enables cross-chain transfers for 100+ tokenized stocks and ETFs.
Launched in collaboration with LayerZero, users can seamlessly transfer Ondo tokenized stocks and ETFs cross-chain. Any protocol, wallet, or application already integrated with LayerZero can easily add Ondo Global Markets assets. With 100+ assets live from day one, it launches as the largest bridge for tokenized securities.
The new unified bridging system, powered by LayerZero, replaces the previous model of isolated per-token bridges with a single framework. Through the custom configuration, all Ondo Global Markets assets now use one consolidated architecture for cross-chain movement, eliminating the need for separate bridge contracts for each asset on each network.
LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $1.292, down 9.1% in the last 24 hours.
