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.
Source: Ondo lets institutions convert stocks directly into tokenized shares (https://cointelegraph.com/news/ondo-lets-institutions-convert-stocks-directly-into-tokenized-shares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)