Ondo Unlocks $3.6B Tokenized Market With Direct Stock-to-Token Conversions

3 hours ago 3

Rommie Analytics

Key Takeaways:

Ondo Finance has now introduced the ease of converting legacy shares into tokenized stocks and ETFs for approved institutions without cash invested.
The new in-kind conversion route uses Ondo Stocks and Alpaca’s Instant Tokenization Network on Ethereum and BNB Chain.
Ondo believes that creating tokens out of existing share inventory could facilitate deeper liquidity in the secondary market and limit funding friction.

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