Ondo bridges tokenized stocks to Hyperliquid HyperEVM, supporting on-chain trading of assets such as SPY, NVIDIA, Tesla, and more

BlockBeats News, May 11th, Ondo Finance announced that through the LayerZero-based Ondo Bridge, tokenized stocks and ETFs will be brought from the BNB Chain and Ethereum into Hyperliquid's HyperEVM ecosystem.

Currently, there are 35 supported tokenized assets for cross-chain transactions, including SPYon, QQQon, NVDAon, TSLAon, GOOGLon, CRCLon, NFLXon, BABAon, and more. Users can use tokenized equities and perpetual contracts on Hyperliquid to execute basis trading, funding rate arbitrage, Delta-neutral strategies, and other advanced trading strategies.

Ondo stated that its tokenized stocks do not rely on on-chain fragmented liquidity but are anchored to the underlying liquidity of traditional markets such as the NYSE and Nasdaq. Since its launch in September 2025, Ondo Global Markets has become the world's largest tokenized securities platform, with a total value locked (TVL) of over $9.7 billion and a cumulative trading volume close to $180 billion.