Odaily reported on November 10, 2026 (22:58, UTC+8), citing Ondo Finance’s official blog, that the Fidelity Center for Applied Technology (FCAT), part of Fidelity Investments, has become a necessary verification institution for transfers of Ondo Stocks tokenized stocks through Ondo Bridge.
The routes named are Ethereum, HyperEVM, and other chains the bridge supports. On a transfer, the tokenized stock starts on one of those chains and is checked before the destination chain outcome. FCAT’s decentralized verification network (DVN) verifies each cross-chain transaction jointly with other validators. The report treats FCAT as required for that check and does not describe a path that proceeds without the DVN and those other validators.
As of the November 10, 2026 report, coverage included 35 Ondo Stocks on transfers to HyperEVM and more than 450 Ondo Stocks on the other supported networks.
Ondo Stocks are tokenized stocks—represented assets, not the underlying shares. The account, as relayed by Odaily, identifies the verification handoff. It does not state whether assets are locked, burned, or minted, and it does not describe the bridge as trustless. The stated trust boundary is joint verification by FCAT’s DVN and the other validators.
Original article: Odaily, November 10, 2026
