CoinScoopOndo enables institutional stock-to-token conversion
Ondo has announced that approved institutions can now mint Ondo Stocks using existing stock holdings via Alpaca's Instant Tokenization Network. This feature, available on Ethereum and BNB Chain, allows for direct conversion between underlying stocks and on-chain tokens, providing an alternative to cash-based transactions.
Summaries are written by AI from the original article. Not investment advice.