Ondo Finance has opened an in-kind creation and redemption route for Ondo Stocks, allowing approved institutions to exchange U.S. stocks and ETFs held at Alpaca for corresponding tokens on Ethereum or BNB Chain. The change, announced on Sept. 21, lets eligible institutions use existing share... Read the full story at The Defiant
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Ondo Opens In-Kind Minting for Tokenized US Stocks
Approved institutions can now swap existing share inventory for Ondo Stocks through Alpaca, removing the separate cash funding required by the platform’s existing issuance flow.
