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Ondo Launches Tokenized Stock 24/7 Minting and Redemption Service
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BlockBeats News, June 25th, Ondo announced the official launch of 24/7 real-time minting and redemption of US tokenized stocks and ETFs. Previously, the platform only supported a 24/5 minting and redemption window, excluding weekends and US public holidays. With this upgrade, eligible users can mint or redeem supported tokenized assets at any time, including weekends and holidays, at the current market price.

The first batch of assets supporting 24/7 real-time minting and redemption include six tokenized stocks: SPYon, QQQon, CRCLon, NVDAon, TSLAon, and GOOGLon. They are currently live on the Ethereum and BNB Chain, with Solana support coming soon.

Source: BlockBeats

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