Expanding Institutional-Grade RWA Bridging to Solana with Ondo Bridge
When Ondo Finance launched our bridging solution with LayerZero, we introduced groundbreaking innovations designed specifically to meet institutional standards. We proposed a custom Decentralized Verifier Network (DVN) operated by Ondo, ensuring users would never have to trust more than they already do when holding Ondo-issued assets. We layered in multiple security redundancies to deliver the highest level of confidence to our institutional and individual users.
Today, we’re pushing boundaries again. We're proud to announce that the industry's first institutional-grade bridging solution now seamlessly connects Solana’s vibrant ecosystem directly with leading EVM ecosystems, including Ethereum, Arbitrum, and Mantle. As part of this expansion, the Ondo DVN is officially going live—providing maximum security with minimum trust assumptions.
With this integration, USDY holders gain unmatched flexibility: the ability to move assets seamlessly across some of the largest crypto ecosystems and tap into the best opportunities wherever they emerge.
RWAs You Can Actually Use, Where You Want
USDY is already thriving on Solana, with over $170 million in TVL, 15+ integrations, and thousands of active users. But until now, Solana remained siloed. With Ondo Bridge's expansion, USDY becomes a truly omnichain asset: easily accessible across Solana and the broader EVM landscape.
This new bridge unlocks frictionless RWA mobility, empowering users to move USDY fluidly without introducing extra counterparty risks or requiring inefficient capital reserves. Each USDY transfer between chains is maximally capital efficient, requiring no additional external capital to fill transfers, as would be required via third-party bridge environments. Instead, LayerZero burns and mints USDY as it goes between chains, enabling the asset to move between chains 1:1 with the only cost being incurred via gas.
Solana’s active community can now effortlessly tap into liquidity, investment opportunities, and yield strategies across Ethereum, Arbitrum, and Mantle—optimizing yield, efficiency, and capital allocation with an RWA you can actually use.
Enhanced Security: Introducing Ondo’s Proprietary DVN
With this launch, we also debut Ondo’s own DVN, an essential advancement that reinforces security and minimizes trust assumptions. Ondo’s DVN features tailored validation specifically for our issued assets, independently verifying each mint and burn transaction that occurs when USDY is moved between chains.
Key highlights of the Ondo DVN include:
- Customized off-chain validation tailored explicitly for Ondo-issued assets
- Assurance of asset supply integrity across chains
- Enhanced verification diversity to mitigate single points of failure
This proprietary DVN ensures that cross-chain composability maintains the stringent security standards our institutional and individual users expect. And where all the DVNs on an Ondo-bridge transaction are required, which provides a compound effect of security, it also means that each transaction’s trust assumptions can be distilled down to one preferred provider: Ondo. With Ondo deploying its own DVN, your trust assumptions become no greater than the trust assumptions required to hold an Ondo asset.
Secure Composability and the Institutional Flywheel
LayerZero and Ondo's collaboration delivers not only interoperability but also a fundamental rethinking of asset usability. By combining multiple independent verification methods (known as Multi-Messaging Aggregation), we significantly enhance transaction security across multiple DVNs, including LayerZero Labs’ solutions alongside our proprietary DVN, ensuring a robust bridging infrastructure resilient from single points of failure. This significantly expands the practical utility of RWAs, with their security guarantees positioning them as flexible and composable assets reliable across all blockchain environments. It also makes USDY an asset available to market makers and institutional capital looking to rebalance portfolios across chains. Since USDY can move between chains quickly and with no slippage while still retaining yield bearing properties, it can now compete with stablecoins as a settlement asset.
Where institutions decide to deploy their capital has much to do with ensuring institutional-grade security requirements are in place. With our redundant design, enabled only by the tech stack of LayerZero, we are able to ensure that USDY has sufficient security in traveling through omnichain environments. Thus, our secure bridging solution builds trust with institutional investors, attracting greater liquidity, which then encourages wider adoption and usability across DeFi platforms, creating a positive cycle of growth.
What’s Next?
Ondo is committed to expanding the versatility and availability of RWAs across global blockchain ecosystems. Today’s milestone sets the stage for even broader applications, building toward a future where all real-world assets, from Treasuries to US equities, can move freely across ecosystems.
With the upcoming launch of Ondo Global Markets, we’re preparing to bring US equities onchain with omnichain functionality at their core. This is just the beginning.
GM, omnichain RWAs.