Ondo Finance Enables 24/7 Tokenized Stock and ETF Minting & Redemption on Ethereum and BNB Chain
According to Cointelegraph, Ondo Finance has announced that the minting and redemption functionality for tokenized stocks and ETFs is now live on Ethereum and BNB Chain, operating around the clock. This allows investors to create or redeem these tokenized traditional financial assets at any time, bypassing the constraints of traditional market trading hours.
Ondo also revealed that integration with Solana is forthcoming, further expanding its multi-chain footprint. As a leading protocol in real-world asset (RWA) tokenization, this move is expected to enhance liquidity and accessibility for tokenized stocks and ETFs, attracting both institutional and retail participants to on-chain finance.
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