Jakarta, Pintu News – In a recent development that marks a new era in real asset adoption (RWA), the Solana ecosystem is now directly connected to major Ethereum Virtual Machine (EVM) networks such as Ethereum , Arbitrum , and Mantle .
This was realized through the launch of a new bridge powered by LayerZero (ZRO), developed by Ondo Finance. This integration not only expands cross-network functionality but also improves efficiency and security in asset transfer.
Ondo Finance has issued its revenue-generating token, USDY, which now has a total locked value of $170 million and over 15 active protocol integrations on Solana.
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Previously, USDY was limited to the Solana network, but can now move between blockchains with high efficiency without the need for third-party liquidity pools. LayerZero’s infrastructure enables token burning and minting on transfer, which reduces barriers to asset mobility.
With this launch, Ondo is also introducing a purpose-built Decentralized Verification Network (DVN), which is a dedicated verification layer for tokens issued by Ondo.
DVN independently validates all mint and burn operations across the network, ensuring the total amount of USDY remains consistent and accurate across all networks.
In contrast to conventional bridge mechanisms, Ondo’s DVN incorporates various checks and authorizations that are performed off-chain. The Ondo system and DVN are used for every transaction that crosses the bridge, reducing reliance on a single validator and increasing system resilience and asset transfer integrity.
With this connectivity, Solana users can now access decentralized finance strategies and liquidity opportunities that exist outside of their ecosystem. USDY is designed as a high-efficiency settlement asset, comparable to conventional stablecoins used in cross-network applications.
This integration enables new forms of capital allocation and portfolio management strategies, highly attractive to market participants looking for assets that can be composable and still generate income when moving across networks.
The launch of this bridge lays the groundwork for broader use cases as Ondo partners with LayerZero. The infrastructure is designed to accommodate expansions that include tokenized US equities and government securities.
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Ondo Finance is preparing for the launch of Ondo Global Markets, which will allow tokenized US equities to function with omnichain. This next phase will increase access to traditional financial instruments in a decentralized environment while further integrating RWA.
Overall, the integration between Solana and Ondo Finance through LayerZero not only strengthens Solana’s position in the growing RWA market but also opens up the possibility of interoperability with institutional-scale financial products. This marks an important step in the evolution of decentralized finance, where real assets can move freely and securely across multiple blockchain networks.
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