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.
Ondo lets institutions convert stocks directly into tokenized shares
Markets Brief gilt-and-policy 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).