Ondo Finance has introduced an in-kind conversion feature allowing approved institutions to directly convert their existing US stock and ETF holdings into blockchain-based Ondo Stocks tokens without needing to sell shares for cash first. This new process, facilitated through Alpaca's Instant Tokenization Network, reduces financing costs and timing delays by enabling seamless transfers between traditional brokerage accounts and tokenized assets on Ethereum and BNB Chain. The feature is tightly controlled, requiring institutional approval and active accounts with both Ondo and Alpaca. This innovation aims to improve liquidity and efficiency for market makers and liquidity providers by linking traditional share inventories directly to on-chain tokens, while maintaining regulatory compliance and existing rights structures for token holders.
Ondo Finance's new feature for converting shares into tokenized stocks is presented here with Pluang's market data as context. As of Sep 22, 2026 19:03 WIB, 26 out of 50 major cryptocurrencies on Pluang rose while 22 fell. Notable price changes include COTI down 19.02% at Rp267, XNO up 18.89% at Rp7.572, and BAL up 11.14% at Rp16.297.
THOR Industries reported Q4 earnings with an EPS of $0.78, missing analyst estimates and showing a 66.9% drop from last year. Despite this, the company beat revenue expectations with $2.31 billion, though revenue declined 8.4% year-over-year due to w...
Cracker Barrel Old Country Store is set to report its Q3 2026 earnings on September 23, with analysts predicting a significant decline. Earnings per share are expected to fall to $0.17 from $0.74 last year, and revenue is forecasted around $834.57 mi...
Abivax received positive pre-NDA feedback from the U.S. FDA for its drug Obefazimod, marking a key step in its development. Despite a recent price target cut by Wedbush to $118, analysts maintain a "Moderate Buy" consensus with an average target of $...
HSBC and Wells Fargo have downgraded Netflix stock due to declining subscriber engagement and an 8% drop in viewership time. Despite a recent 2.19% stock gain, Netflix shares have fallen over 40% in the past year amid strong competition and weaker or...
A director at FormFactor sold 2,100 shares, indicating a notable insider transaction. Such sales can reflect personal financial decisions or strategic portfolio adjustments by company insiders. Investors often watch these moves for potential signals ...
