Ondo Finance Introduces In-Kind Minting for Institutional Stock Tokenization
Ondo Finance has simplified the process of tokenizing stocks for institutional users. By integrating with Alpaca's Instant Tokenization Network, eligible institutions can now contribute existing equity inventory directly to mint Ondo Stocks positions.
This eliminates the need to convert shares to cash first, a step that was previously required. The new in-kind flow supports minting and redemption on both Ethereum and BNB Chain.
The service is restricted to KYC and AML-verified institutional participants, meaning it's not available to retail users. This move aims to make the bridge between conventional equity custody and tokenized ownership less cumbersome for large institutions.