CoinScoopOndo Finance Enables In-Kind Stock Tokenization for Institutions
Ondo Finance (Ondo Finance) has launched a feature allowing approved institutions to mint Ondo Stocks tokens using existing stock holdings via Alpaca's Instant Tokenization Network. Available on Ethereum and BNB Chain, this mechanism enables in-kind conversions alongside existing cash-based liquidity models, aiming to improve capital efficiency and secondary market depth.
Summaries are written by AI from the original article. Not investment advice.