Ondo Adds In-Kind Conversion of Stocks Into Tokenized Shares

The notable shift here is structural rather than promotional: an in-kind mint/redeem rail ties tokenized equities to the same creation-and-redemption logic that underpins ETFs, which matters for the institutional desks that treat cash-settled tokenization as an operational compromise. It positions Ondo against venues that only support cash legs, though the absence of fee and launch details leaves the economics and timing unresolved. The open question is whether approved institutions actually route size through in-kind conversion, or continue treating tokenized shares as a satellite position.