US brokerage firm Alpaca launches a network that allows direct tagging of US stocks

Golden Finance reported that US brokerage firm Alpaca has launched an Instant Tokenization Network (ITN), allowing institutions to mint and redeem tokenized US stocks directly, which helps to enhance on-chain liquidity in areas still constrained by structural barriers in the tokenization market. Alpaca disclosed on Wednesday that ITN allows institutional investors to tokenize their portfolios through a single API call and exchange physical tokens for underlying stocks without settlement delays. The service operates outside of traditional market trading hours, providing around-the-clock service.