US broker-dealer Alpaca launches network for directly tokenizing US stocks

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