Tokenized stock platform Ondo adds Fidelity's FCAT as required cross-chain validator

TechFlow reported on November 10 that, according to an official announcement by Ondo Finance, Fidelity's Applied Technology Center (FCAT) has become a required validator for transferring Ondo Stocks via Ondo Bridge between supported networks such as Ethereum and HyperEVM.

FCAT's decentralized validator network will validate each transaction together with other validators and help confirm transaction integrity before settlement on the target chain. FCAT is responsible for validating 35 Ondo Stocks transferred to HyperEVM, as well as more than 450 Ondo Stocks transferred across other supported networks.

Ondo said eligible investors outside the United States can currently transfer supported Ondo Stocks via Ondo Bridge.

Source: TechFlow