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Ondo lets institutions convert stocks directly into tokenized shares

Compiled by KoinLens from 1 source

Importance 29Bullish* Trust 78 · 1 source1.0Market Impact: 1.0/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
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.

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