ORES supports Wikidata. You can enable it on wikidata.org and use it on e.g. Special:RecentChanges.
The ORES extension doesn't currently handle these edits on the client-side (e.g. when viewing Wikidata changes relevant to English Wikipedia in Wikipedia RC page).
However, it could (apparently schema changes are required though). It would be useful for the normal reasons ORES and the propagation feature itself are useful (track vandalism, good-faith, etc. to Wikidata content related to the current wiki)