Ondo Finance has partnered with Alpaca to launch a physical stock tokenization channel via Alpaca's Instant Tokenization Network. Approved institutions can now mint Ondo Stocks directly using existing equity holdings and redeem tokens for the corresponding underlying shares. The integration is now live on both Ethereum and BNB Chain. The initiative aims to improve capital efficiency while enhancing secondary market liquidity, spreads, and market depth for tokenized equities.