Ondo Finance launched a direct conversion mechanism allowing approved institutions to tokenize their existing stock and ETF holdings on Ethereum and BNB Chain without needing extra cash deposits. This new in-kind process simplifies token creation by transferring securities internally via Alpaca brokerage accounts, potentially lowering financing costs and improving liquidity. The service is limited to individually approved institutions and excludes U.S.-based clients. Ondo manages $3.63 billion in assets across 441 products, aiming to bridge traditional markets with blockchain-based tokenized stocks.
Ondo Finance's new direct stock-to-token conversion service is presented here with Pluang's cryptocurrency market snapshot as of Sep 22, 2026 14:12 WIB: Among 50 major cryptocurrencies, 42 rose and 7 fell today. Bitcoin (BTC) rose 4.83% to Rp1.523.683.700 with a typical hold time of 110 days and a Pluang order activity skewed 65% sell to 35% buy, contrasting with The Sandbox (SAND) which increased 4.71% to Rp752 and saw 89% buy activity, while Decentraland (MANA) rose 4.62% to Rp1.539 but had 99% sell activity and a longer typical hold time of 155 days.
4D Molecular Therapeutics reported a wider adjusted loss of $1.08 per share for Q3 2026, missing analyst expectations. However, the company's revenue reached $4.15 million, surpassing both estimates and last year's figures, continuing a trend of stro...
Atlas Energy Corp. completed its first royalty acquisition for $15 million on producing oil and gas assets in Southwest Alberta, funded by cash. The company began generating royalty revenue immediately, earning $141,000 in just seven days post-acquis...
Litecoin (LTC) fell 3.03% within one hour to $47.99 on Binance, continuing a 4.08% decline over 24 hours. During this period, long position liquidations across Binance, Bybit, and OKX totaled $470,000, with no short positions liquidated. LTC remains ...
Four traders on the Hyperliquid platform had their Bitcoin long positions liquidated within the past hour. The total value of the liquidated positions was $42 million, resulting in combined losses of $2.79 million for the traders. One trader alone lo...
Binance's latest reserve snapshot as of Nov. 3 shows a decrease in user assets across major cryptocurrencies. Tether holdings dropped by 14.43%, losing about 4.256 billion USDT. Bitcoin, Ether, and BNB also saw declines of 0.96%, 5.71%, and 0.30% res...
