Ondo bridges tokenized stocks to Hyperliquid HyperEVM, supporting on-chain trading of assets like SPY, Nvidia, and Tesla

According to official news, Ondo Finance announced the introduction of tokenized stocks and ETFs to Hyperliquid's HyperEVM ecosystem via the LayerZero-based Ondo Bridge, bringing them from the BNB Chain and Ethereum. Currently, 35 types of tokenized assets support cross-chain transactions, including SPY on, QQQ on, NVDA on, TSLA on, GOOGL on, CRC on, NFLX on, BABA on, and more.

Users can combine tokenized spot stocks with perpetual contracts on Hyperliquid to execute advanced trading strategies such as basis trading, funding rate arbitrage, and delta-neutral strategies. Ondo stated that its tokenized stocks do not rely on fragmented on-chain liquidity but are anchored to the underlying liquidity of traditional markets like NYSE and Nasdaq.

Since its launch in September 2025, Ondo Global Markets has become the world's largest tokenized securities platform, with a total locked value (TVL) exceeding $970 million and a cumulative trading volume approaching $18 billion.