Pyth Powers Ondo’s Global Markets Alliance with Precision Data for Tokenized Stocks and ETFs

July 22, 2025 – Pyth Network has officially expanded its role in Ondo Finance’s Global Markets Alliance, delivering institutional-grade pricing data to fuel the upcoming wave of tokenized stocks, ETFs, and RWAs. As the lines blur between TradFi and DeFi, this collaboration positions both players at the heart of tokenized capital markets.

Unveiled in June 2025, the Global Markets Alliance already includes names like Solana Foundation, Bitget Wallet, Trust Wallet, and Fireblocks. Its mission: offer compliant, self-custodial access to tokenized U.S. equities and funds, enabling global investors to interact with traditional assets on-chain.

Over the past week, BNB Chain and Bitget joined the coalition, further accelerating growth. Bitget alone plans to integrate over 100 tokenized assets—an ambitious expansion that underscores the Alliance’s scale.

Pyth’s Role: Real-Time, Oracle-Backed Accuracy

Pyth’s strength lies in its low-latency, multi-source pricing feeds, pulled directly from over 90 data providers including Jane Street, OKX, and Binance. For tokenized equity products like AAPL or TSLA, this precision is critical—ensuring each token is fully collateralized and accurately priced.

Ondo’s synthetic assets and stablecoins like USDY rely on Pyth’s data to stay compliant and tradable 24/7. This expands Pyth’s previous support for tokenized treasuries and builds on integrations with SoneFi, Equity Block, and others—solidifying its status as a foundational oracle for RWAs.

With Pyth now live on 65+ chains, including Sui, Aptos, and Solana, it offers coverage that few data providers can match. Its Pull Oracle model also reduces gas costs and delivers confidence intervals for critical DeFi functions like lending, synthetic trading, and derivatives.

Ondo’s Momentum in RWA Dominance

The move further fuels Ondo Finance’s momentum. The firm has recently announced integrations with JP Morgan, Chainlink, and PayPal’s PYUSD, while hitting record highs in RWA TVL. Combined with Pyth’s accuracy, Ondo’s vision of tokenizing global equities is edging closer to reality.

As the Global Markets Alliance moves toward launch, experts anticipate a surge in liquidity and user access, calling it a landmark initiative that blends the regulatory rigor of TradFi with the programmability of DeFi.

Did You Know?

Pyth’s very first price feed—used during its early testnet days—was for Tesla (TSLA) stock. The irony? Tesla never tokenized officially, but it helped Pyth simulate volatility and latency conditions for its now-massive oracle network.