Ondo launches 24/7 minting and redemption for tokenized stocks, closing a weekend gap that has cost traders up to 46 times more on other platforms.
- Ondo has launched 24/7 instant minting and redemption for tokenized U.S. stocks and ETFs across Ethereum, BNB Chain, and Solana, addressing a key limitation of previous platforms.
- This upgrade allows users to mint or redeem assets at any time, including weekends and holidays, at the prevailing market price, significantly reducing execution costs compared to other venues.
- The move aims to align tokenized stocks with the continuous liquidity and utility of crypto markets, further solidifying Ondo's leading position in the tokenized stock space.
Topics: Asset types, Infrastructure providers, Scalability, Financial instruments, Tokenization platforms, Market depth liquidity
Tags: #ondo #tokenizedstocks #247minting #redemption #ethereum #bnbchain #solana #etfs #liquidity #continuoustrading
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