1inch Enhances Swap API with Ondo Finance Partnership, Boosting DeFi Liquidity and Interoperability

1inch, a decentralized exchange aggregator, has partnered with Ondo Finance to upgrade its Swap API, providing expanded access to tokenized assets in the DeFi sector. This integration enables seamless trading capabilities for major U.S. equities, boosting market liquidity and interoperability for global traders. The partnership is expected to bridge traditional and digital financial sectors, addressing previous liquidity constraints and offering new investment opportunities on-chain.

Ondo Finance, a blockchain-based financial services provider, has announced a strategic partnership with 1inch, a decentralized exchange aggregator. The collaboration aims to enhance the trading capabilities of tokenized assets in the DeFi sector. This partnership will expand access to major U.S. equities, significantly boosting market liquidity and interoperability for global traders.

The integration of Ondo Finance's tokenized assets into 1inch's Swap API will provide users with seamless trading experiences. This upgrade will enable DeFi users to trade tokenized versions of leading U.S. stocks and ETFs, which are currently available on Ethereum. The partnership is expected to bridge the gap between traditional and digital financial sectors, addressing previous liquidity constraints and offering new investment opportunities on-chain.

Ondo Finance has already launched over 100 tokenized U.S. stocks and ETFs on Ethereum. The platform plans to expand to more than 1,000 tokenized assets by the end of 2025, backed by U.S. broker-dealers. The tokenized assets can be transferred 24/7 peer-to-peer and integrated into DeFi platforms like stablecoins. The platform's support for Solana and BNB Chain is set to follow the Ethereum launch soon [1].

The partnership with 1inch will leverage the aggregator's extensive network of liquidity providers and decentralized exchanges to offer users the best possible trading conditions. This integration will facilitate the trading of tokenized assets across multiple blockchains, enhancing market liquidity and interoperability.

The collaboration between Ondo Finance and 1inch reflects the growing need to bridge traditional and decentralized markets. The partnership aims to provide investors with access to a wider range of assets and trading opportunities, while also addressing the liquidity constraints that have historically plagued the DeFi sector.

For investors and financial professionals, this partnership signals a significant step forward in the integration of blockchain technology and traditional finance. The ability to trade tokenized U.S. equities on-chain will open up new investment opportunities and enhance market efficiency.

References:
[1] https://blockonomi.com/ondo-brings-100-tokenized-u-s-stocks-to-ethereum-with-solana-and-bnb-support-next/