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Ondo Adds 15 Tokenized Stocks to Robinhood Chain
Ondo has integrated 15 tokenized stocks and exchange-traded funds onto the Robinhood Chain, enabling traders to swap these assets through Uniswap pools. The announcement includes 11 StablePair pools linking Ondo tokens with Robinhood Stock Tokens representing the same securities. Users can mint and redeem the 11 paired assets on Ethereum and BNB Chain, with the Ondo Bridge connecting Robinhood Chain to both networks. The pools adjust fees when paired token prices deviate from their expected 1:1 ratio, but price gaps do not guarantee profits due to fees, liquidity, and redemption rules.