The institutional infrastructure of RWA takes a significant step forward. Ondo has implemented an in-kind conversion system that allows approved institutions to mine and redeem shares and tokenized ETFs using the underlying values instead of cash. ๐Ÿ›๏ธ

This mechanism reduces capital frictions and optimizes settlement efficiency for traditional players seeking on-chain exposure. Monitor the adoption of these settlement channels and their impact on tokenized liquidity.

#RWA #Tokenizacion #DeFi #Institucional $BTC