Crypto
Home›Crypto›Market Structure›Ondo launches in-kind minting for tokenized US stocks
Ondo launches in-kind minting for tokenized US stocks
Approved institutions can now exchange existing share inventory for Ondo Stocks via Alpaca, eliminating the platform’s separate cash funding step.
The Defiant reports that Ondo has opened in-kind minting for its tokenized US stocks.
Under the updated process, approved institutions can swap existing share inventory for Ondo Stocks through Alpaca.
The change removes the need for separate cash funding that was previously required by Ondo’s existing issuance flow.
← Newer storyChina highlights leverage over Iran ahead of US-China summitOlder story →SiriusPoint names Rachel Winoski chief human resources officer