Ondo Finance has launched the Ondo cross-chain bridge for on-chain securities, which is now live on Ethereum and BNB Chain

Ondo Finance has 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 cross-chain bridge is built in collaboration with LayerZero and is secured by a decentralized validation node network (DVN) that includes Canary Protocol, and it is implemented through Stargate, allowing for the following functionalities: cross-chain transfers of Ondo stock tokens and ETF tokens at a 1:1 asset parity; facilitating applications on Ethereum and BNB Chain to easily add support for Ondo assets; and rapid large-scale expansion to other Ethereum Virtual Machine (EVM) compatible chains.