Ondo And Alpaca Add In-Kind Minting For Tokenized Stocks

TL;DR Ondo Finance has added in-kind minting and redemption for institutional Ondo Stocks users. Eligible institutions can contribute existing equity inventory rather than converting shares to cash first. The service currently supports tokenized positions on Ethereum and BNB Chain and is not a retail minting product. Ondo Finance is removing one of the more awkward steps in institutional stock tokenization: converting existing share inventory to cash before moving it onchain. Through an integration with Alpaca’s Instant Tokenization Network, eligible institutional users can now contribute existing equity inventory directly to mint Ondo Stocks positions. Shares Can Move Into The Tokenized System Without A Cash Detour The new in-kind flow changes the mechanics for institutions that already hold the underlying securities. Instead of selling shares, moving cash and then using that cash to create tokenized exposure, qualified users can deposit the existing inventory into the process. Ondo says the mechanism supports minting and redemption on Ethereum and BNB Chain. For large institutions, that can reduce settlement friction and make tokenized equities feel less like a separate market th...