Originally reported November 10, 2026, at 22:22:08 UTC+08:00.
Ondo Finance announced that Fidelity Investments’ Fidelity Center for Applied Technology (FCAT) had become a required verifier for cross-chain transfers of Ondo Stocks through Ondo Bridge.
FCAT’s decentralized verifier network (DVN) checks each transfer alongside other verifiers, confirming transaction integrity before settlement on the destination chain. The requirement covers 35 Ondo Stocks transferred to HyperEVM and more than 450 Ondo Stocks on other supported networks. Eligible investors outside the United States can transfer the assets through Ondo Bridge.
Ondo said the total value of tokenized stocks had exceeded $3 billion. The report also cited $19.9 trillion in assets under custody at Fidelity Investments, FCAT’s parent company. That custody figure describes Fidelity’s broader business; it does not establish who holds the assets underlying Ondo Stocks or what obligations investors have against any custodian.
Ondo Bridge first adopted FCAT’s DVN through LayerZero in February 2026. The November announcement extended that verification requirement to Ondo Stocks. A required transaction verifier is a control over cross-chain transfers, not evidence by itself of asset backing or investor protections.