Alpaca rolls out network enabling direct tokenization of US stocks


Alpaca rolls out network enabling direct tokenization of US stocks


The Instant Tokenization Network allows institutions to mint and redeem tokenized US stocks with in-kind settlement and 24/7 access.

US broker-dealer Alpaca has launched an Instant Tokenization Network (ITN) that allows institutions to mint and redeem tokenized US stocks directly, a move that could help boost onchain liquidity in a segment of the tokenization market still constrained by structural barriers.

The ITN enables institutions to tokenize portfolios with a single API call and redeem tokens in-kind for the underlying shares without settlement delays, Alpaca disclosed Wednesday. The service operates beyond traditional market hours, offering 24/7 access. 

By allowing in-kind redemptions — directly exchanging tokens for their underlying assets rather than settling in cash first — the network aims to make tokenized stocks more liquid and efficient.

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