[Ondo Partners with Alpaca to Launch Stock Tokenization Channel, Now Live on Ethereum and BNB Chain] According to an announcement by Ondo Finance, approved institutions can now use Alpaca's Instant Tokenization Network to directly mint Ondo Stocks with their existing stock holdings and redeem the tokens for the corresponding stocks. This mechanism is now live on Ethereum and BNB Chain, aiming to enhance capital efficiency and improve secondary market liquidity, spreads, and market depth.