Ondo And Alpaca Add In-Kind Minting For Tokenized Stocks
TL;DROndo Finance has added in-kind minting and redemption for institutional Ondo Stocks users.
Eligible institutions can contribute existing equity inventory rather than converting shares to cash first.
The service currently supports tokenized positions on Ethereum and BNB Chain and is not a retail minting product.Ondo Finance is removing one of the more awkward steps in institutional stock tokenization: converting existing share inventory to cash before moving it onchain.
Through an integratio
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