Ondo Finance and Alpaca Introduce In-Kind Minting for Tokenized Stocks
Ondo Finance has launched in-kind minting and redemption for institutional users of its tokenized stock products. Through an integration with the Alpaca Instant Tokenization Network, eligible institutions can now contribute existing equity inventory directly to mint positions on Ethereum and BNB Chain, eliminating the need to convert shares to cash first. This service is restricted to KYC and AML-verified institutional participants.
Summaries are written by AI from the original article. Not investment advice.