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.
Crypto
Ondo lets institutions convert stocks directly into tokenized shares
TradeNews USA cash-and-futures note (2026-09-21): 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. Primary source: original at Cointelegraph (cointelegraph.com).