Alpaca launches Instant Tokenization Network for US stocks
Alpaca has unveiled its Instant Tokenization Network (ITN), enabling institutions to mint and redeem tokenized US stocks directly, significantly enhancing onchain liquidity and addressing structural barriers in the tokenization market. The ITN allows for the tokenization of portfolios with a single API call and offers 24/7 access, facilitating in-kind settlements where tokens can be exchanged for their underlying stocks without cash delays. This initiative aligns with recent SEC efforts to improve efficiency in the crypto exchange-traded product market. Alpaca's tokenization capabilities cater to US-regulated financial institutions, with the tokenized stock market already valued over $700 million. The trend towards the tokenization of real-world assets is gaining momentum, particularly in the US, with regulators showing increasing support. Conclusion: The tokenization of stocks is poised to revolutionize traditional finance (TradFi), providing innovative trading features while institutional players remain cautious about privacy and infrastructure control.
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