Tokenized Equity Platform Ondo Introduces Fidelity's FCAT as an Essential Cross-Chain Validator
TechFlow reports that on November 10, according to an official announcement from Ondo Finance, FCAT, Fidelity’s Crypto Application Technology center, has become a required validator for the transfer of Ondo Stocks via Ondo Bridge across supported networks such as Ethereum and HyperEVM.FCAT’s decentralized validation network will work alongside other validators to verify each transaction and assist in confirming transaction integrity before settlement on the destination chain. FCAT is responsible for validating 35 types of Ondo Stocks transferred to HyperEVM, as well as more than 450 Ondo Stocks transferred across other supported networks.Ondo stated that eligible investors outside the United States can currently transfer supported Ondo Stocks via Ondo Bridge.
TechFlow reports that on November 10, according to an official announcement from Ondo Finance, FCAT, Fidelity’s Crypto Application Technology center, has become a required validator for the transfer of Ondo Stocks via Ondo Bridge across supported networks such as Ethereum and HyperEVM.
FCAT’s decentralized validation network will work alongside other validators to verify each transaction and assist in confirming transaction integrity before settlement on the destination chain. FCAT is responsible for validating 35 types of Ondo Stocks transferred to HyperEVM, as well as more than 450 Ondo Stocks transferred across other supported networks.
Ondo stated that eligible investors outside the United States can currently transfer supported Ondo Stocks via Ondo Bridge.
