TREE NEWS update: Ondo Finance said approved institutions can now mint Ondo Stocks directly using shares they already hold through Alpaca’s Instant Tokenization Network, and redeem the tokens back into the corresponding equities. The mechanism is live on Ethereum and BNB Chain, aimed at improving capital efficiency, secondary-market liquidity, spreads and market depth.
Ondo and Alpaca Launch Stock Tokenization Channel on Ethereum and BNB Chain
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AI take
The notable shift here is structural: tokenized equities are being framed as a redemption-in-kind channel rather than a synthetic wrapper, which matters because it ties onchain supply to real shares held by institutions. That could tighten spreads and depth on Ethereum and BNB Chain, but the mechanism's value depends on whether approved institutions actually route flow through it. The open question is whether this becomes a genuine two-way market or stays a one-directional minting venue.
Generated by AI for reference only.
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