Ondo Finance named Chainlink as the official oracle provider for its tokenized stocks and exchange-traded funds (ETFs), aiming to improve how financial data moves across blockchain networks.

Chainlink will supply custom price feeds for the more than 100 tokenized equities on Ondo’s platform, including U.S.-listed stocks and ETFs. Ondo’s tokenized equities now span 10 blockchains and represent over $320 million in total value locked, according to a statement shared with CoinDesk.

The data includes corporate actions like dividend payments and is intended to help keep valuations accurate across the various blockchains where these assets are traded.

Ondo has recently expanded to the BNB Chain, broadening access particularly in Asia and Latin America, where BNB has a large user base.

These assets are aimed at non-U.S. investors who want exposure to U.S. markets and face restrictions accessing traditional brokerage services.

The two companies plan to leverage Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as a standard for institutions moving tokenized assets between blockchains. CCIP is already being tested by traditional finance firms including interbank messaging service Swift and DTCC, which provides clearing, settlement and trade reporting, for similar use cases.

The agreement is part of a broader collaboration. Chainlink is joining the Ondo Global Market Alliance, a group of firms supporting the adoption of tokenized stocks onchain.

In parallel, Ondo will join Chainlink’s corporate actions initiative, which includes 24 financial institutions such as Swift, DTCC and Euroclear focused on bringing market infrastructure onto blockchain rails.