Ondo Finance Launches In-Kind Conversion, Letting Institutions Convert Underlying Shares Directly Into Tokenized Stocks
Why now
Thesis: Tokenized-equity conversion could deepen institutional crypto rails.
Catalyst to watch: Institutional adoption.
Main risk: Scope and adoption unproven.
Why it matters
Tokenized-equity in-kind conversion could deepen institutional crypto rails, but scope and adoption are unproven.
Details
New primary market route, built with Alpaca's Instant Tokenization Network, allows approved institutions to mint and redeem Ondo Stocks using existing share inventory instead of cash, supporting tighter spreads and deeper secondary market liquidity NEW YORK, Sept. 21, 2026 /PRNewswire/ --...
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- prnewswire · 2026-09-21 13:38 UTC