Ondo bridges tokenized US equity assets to Hyperliquid's HyperEVM

Odaily reported that Ondo Finance officially disclosed that Ondo now supports bridging its tokenized stocks and ETFs (such as SPYon, NVDAon, TSLAon, etc.) from Ethereum and BNB Chain to Hyperliquid's HyperEVM via the Ondo Bridge. This integration supports 35 tokenized assets that can be combined with Hyperliquid's perpetual contract market for strategies such as basis trading, funding rate arbitrage, and delta-neutral hedging. The price of Ondo's tokenized assets is pegged to quotes from traditional markets like the NYSE and Nasdaq, aiming to retain off-chain market liquidity. Since its launch in September 2025, Ondo Global Markets has accumulated a total TVL of approximately $970 million, with a trading volume of nearly $18 billion.