In-Kind Minting Streamlines Institutional Stock Tokenization
Ondo Finance has streamlined the process of tokenizing stocks for institutional clients by introducing in-kind minting and redemption. This service eliminates the need for institutions to convert their existing equity inventory to cash before creating tokenized positions.
The integration with Alpaca's Instant Tokenization Network allows eligible institutions to contribute their existing shares directly, reducing settlement friction and making tokenized equities more accessible.
The new in-kind flow supports minting and redemption on both Ethereum and BNB Chain, bringing the workflow closer to traditional institutional investment products. This change is particularly significant for large institutions that hold a substantial amount of equity inventory.