Newsig · Cointelegraph
Ondo lets institutions convert stocks directly into tokenized shares
Ondo’s new in-kind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash.
Why it matters
ONDO · Why linked: The news is directly about Ondo's new in-kind tokenization system for stocks and ETFs. Market context: New institutional infrastructure for tokenized shares could expand Ondo's addressable market and usage of its platform.
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