Fidelity’s FCAT Becomes Required Validator for Ondo Cross-Chain Stock Transfers

Ondo Finance has made Fidelity Investments’ application technology center, FCAT, a required validator for cross-chain transfers of its tokenized stocks, adding the group to transaction checks across Ethereum, HyperEVM and other supported networks.

FCAT’s decentralized verification network, or DVN, will work alongside other validators to check each transfer. Because FCAT is required, its verification is part of the transfer process for the Ondo Stocks covered by the integration, rather than an optional check.

The stated coverage includes 35 Ondo Stocks transferred to HyperEVM and more than 450 Ondo Stocks on other supported networks. That places FCAT’s validation role across the HyperEVM assets and a larger set on Ondo’s other supported networks.

The update extends an earlier use of FCAT’s DVN on Ondo Bridge. Ondo began using the network through LayerZero for tokenized assets in February 2026, and the current integration brings Ondo Stocks into that setup.

Cross-chain transfers move assets between blockchains, so the validator role applies as covered stocks move from one supported network to another.