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View ChartRedwire Tokenized Stock (Ondo) (RDWON) is a tokenised equity product issued by Ondo Finance through its Ondo Global Markets platform. It gives holders on-chain economic exposure to Redwire Corporation (NYSE: RDW), an American aerospace manufacturer and space infrastructure company headquartered in Jacksonville, Florida. Each RDWON token is backed 1:1 by real Redwire shares held by a regulated custodian, meaning the token tracks the price of the underlying NYSE-listed stock.
The token operates on a distributed tokenisation model and is available across three blockchain networks: Ethereum, BNB Smart Chain, and Solana. On Ethereum and BNB Smart Chain, RDWON uses the ERC-20 standard, while on Solana it uses the token-2022 standard. The product launched on July 31, 2025, and is domiciled in the British Virgin Islands under a U.S. Securities Act Regulation S exemption.
RDWON has no fixed maximum supply. Tokens are minted on demand when users purchase exposure and burned upon redemption, creating an elastic supply model that ensures the token always reflects the actual number of custodied RDW shares. Dividends paid by Redwire are automatically reinvested into the token's value. The product is designed primarily for non-U.S. retail and institutional investors seeking access to U.S.-listed space and defence equities without a traditional brokerage account.
RDWON is issued and managed by Ondo Finance, a regulated real-world asset tokenisation company operating through its Ondo Global Markets platform. Ondo Finance handles all custody arrangements, mint and redemption mechanics, and regulatory compliance for the product. The platform governs the tokenised stock offerings as a whole rather than through independent governance structures for individual products like RDWON.
The underlying asset, Redwire Corporation, was formed in 2020 and listed on the New York Stock Exchange in 2021 through a SPAC merger. Redwire is an aerospace manufacturer and space infrastructure company based in Jacksonville, Florida.
The custody of the underlying Redwire shares is managed by Alpaca Securities LLC, with BitGo serving as the crypto custodian. BPM UK Audit Ltd acts as the auditor, and Alpaca Securities also serves as the transfer agent. The fund administrator is Ondo Stocks. Detailed public information about individual team members associated with the RDWON product specifically is currently limited.
RDWON operates as a security token backed 1:1 by real Redwire shares held by a regulated custodian. When a user mints RDWON, the equivalent value in RDW shares is purchased and held in custody. When the token is redeemed, those shares are sold and the proceeds are returned to the user. This mechanism ensures that RDWON closely tracks the price of RDW on traditional markets.
Minting and redemption are available 24 hours a day, five days a week, with full access to traditional exchange liquidity. Trading of the token itself mirrors stock market hours, operating five days a week. The primary market accepts USDC as the base asset, with instant subscription and redemption times and zero fees for both operations.
On Solana, the token price is continuously updated to match the real-world stock price using secure on-chain oracles. The Solana contract address for RDWON is E6KSaqjvqe2HiUpbEweRxLK4RimQddigm95H9Jaondo. Each xStock token follows the real-time price of the corresponding equity and is backed or collateralised according to protocol specifications. Trades are executed on-chain via decentralised protocols, and prices and liquidity are mirrored from the underlying market.
RDWON provides global access to NYSE-listed Redwire stock without requiring a U.S. brokerage account, making it a tool for international investors seeking exposure to the space and defence technology sector. The 1:1 custodial backing ensures the token is fully collateralised by real shares, providing a direct link between the on-chain asset and the traditional equity.
The token's multi-chain availability on Ethereum, BNB Smart Chain, and Solana enables on-chain composability and potential integration with DeFi protocols, allowing the tokenised stock to function within broader blockchain ecosystems. Dividend reinvestment is handled automatically within the token's value, simplifying the investment process for holders.
RDWON represents part of the broader vision of tokenised real-world assets bringing traditional financial markets onto blockchain infrastructure. Ondo Global Markets aims to make U.S. equity markets accessible to global retail and institutional users around the clock, with RDWON serving as an example of how aerospace and defence stocks can be made composable, borderless, and programmable. The product is part of Ondo's growing catalogue of tokenised equities targeting the space sector, alongside tokens tracking other aerospace names.
RDWON is primarily used to gain economic exposure to Redwire Corporation stock without direct ownership of the underlying shares. Holders can trade the token on supported blockchain networks, use it within DeFi ecosystems, and potentially leverage it in on-chain financial applications. The token allows non-U.S. investors to access U.S.-listed space and defence equities through blockchain infrastructure.
On Solana, RDWON can be swapped instantly through non-custodial wallets that execute trades via smart order routing across major Solana DEXes. Users can trade with SOL or USDC, and can also use other crypto balances such as SOL, BTC, or stablecoins. The token is verified on Solana and can be converted back into crypto at any time.
It is important to note that holding RDWON provides indirect exposure to the stock's price movements, but holders do not own the underlying shares. This means no voting rights, no direct dividends, and no shareholder perks. The token simply allows holders to trade based on the stock's value.
The RDWON ecosystem is part of Ondo Finance's expanding catalogue of tokenised equities, which focuses on bringing U.S.-listed securities onto public blockchains. As of September 18, 2026, RWA.xyz reported 423 holders with a 2.42% increase from 30 days prior, and trailing 30-day active addresses of 111. Monthly transfer count stood at 531, with monthly transfer volume of $864,865.
Supply figures vary across reporting sources and snapshots, ranging from 38,188 to 81,347 RDWON, reflecting the elastic, mint-on-demand and burn-on-redemption supply model. As of September 18, 2026, RWA.xyz reported token supply of 39,069.05 RDWON, with 20,689.72 on Ethereum, 18,077.85 on BNB Chain, and 301.47 on Solana. Total asset value was reported at $421,685 with a net asset value of $10.79.
The product is available across Ethereum, BNB Smart Chain, and Solana, enabling use within broader DeFi ecosystems. It forms part of Ondo's growing catalogue of tokenised equities targeting the space sector, alongside tokens tracking other aerospace names. The ecosystem continues to develop as part of the broader tokenised real-world asset movement.
RDWON cannot be mined. It is not a cryptocurrency that uses proof-of-work or proof-of-stake consensus mechanisms. Instead, RDWON is minted on demand when eligible users purchase exposure through the Ondo platform using USDC as the base asset. The minting process involves the purchase of equivalent value in Redwire shares, which are held in custody by a regulated custodian.
There is no mining or staking mechanism associated with RDWON. Tokens are burned upon redemption, and the supply is elastic, adjusting to reflect the actual number of custodied RDW shares. Subscription and redemption are available 24 hours a day, five days a week, with instant processing times and zero fees for both operations.
Eligible participants are non-U.S. investors subject to additional eligibility rules. The product is explicitly restricted for U.S. persons. To obtain RDWON, users must go through the minting process on the Ondo platform or acquire the token through supported trading venues on the Ethereum, BNB Smart Chain, or Solana networks.
Keeping RDWON safe requires attention to both blockchain security and the specific characteristics of tokenised securities. Since RDWON is available on Ethereum, BNB Smart Chain, and Solana, users should store their tokens in reputable non-custodial wallets that support the respective token standards. On Solana, RDWON uses the token-2022 standard and has a verified status, which helps users confirm they are interacting with the correct token contract.
Users should always verify the token contract address before trading or storing RDWON. The Solana contract address is E6KSaqjvqe2HiUpbEweRxLK4RimQddigm95H9Jaondo. Hardware wallets provide an additional layer of security for private key management, and users should never share their private keys or seed phrases with anyone.
It is also important to understand the risks associated with tokenised securities. Regulatory requirements are evolving across jurisdictions, and the product is subject to access restrictions for U.S. persons. Token value depends on the custodian correctly holding the underlying shares, and low liquidity in the token may lead to price deviations from the NYSE-listed stock. When investing in xStocks such as RDWON, capital is at risk and investors could lose the total amount invested. The token inherits all market and business risks of Redwire Corporation stock.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for RDWON are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Redwire Tokenized Stock (Ondo) (RDWON) is A$16.61. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated RDWON to USD rate at the top of BTCC’s price page. In terms of market scope, Redwire Tokenized Stock (Ondo) records a 24h trading volume of A_24h.69M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of A$457.96K. Its current circulating supply stands at 28.66K out of a maximum supply cap of ∞.
The price volatility of Redwire Tokenized Stock (Ondo) (RDWON) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Reserve Bank of Australia (RBA) or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (28.66K) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Redwire Tokenized Stock (Ondo) (RDWON) hit an all-time high (ATH) of A$39.96 on 2026-05-27 04:50, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at A$10.64 on 2026-03-30 19:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading RDWON futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (A_24h.69M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s RDWONUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Redwire Tokenized Stock (Ondo), simply log into your BTCC account with USDT margin available, navigate to the RDWONUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for RDWONUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: A$16.61), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for RDWONUSDT with zero financial risk.
Trading Redwire Tokenized Stock (Ondo) (RDWON) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for RDWONUSDT, and review its live price (A$16.61) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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