According to CoinMeta, ondo and finance have introduced Fidelity’s fcat as the necessary verification party for the tokenization of their stocks to be transferred across networks such as Ethereum and hyperevm via ondo and bridge. fcat’s decentralized verification network, together with other verification parties, verifies each transaction to confirm its integrity before settlement on the target chain. fcat is responsible for verifying the 35 types of ondo and stocks that are transferred to hyperevm, as well as over 450 types of ondo and stocks that can be transferred across other supported networks. Eligible investors outside of the United States can currently transfer the supported ondo and stocks through ondo and bridge.