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.
Trade News wire, 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).
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.