Credo Technology Group Holding Tokenized Stock (Ondo) PriceCRDOON

What is Credo Technology Group Holding Tokenized Stock (Ondo) (CRDOON)?

Credo Technology Group Holding Tokenized Stock (Ondo) (CRDOON) is a tokenized equity product issued through the Ondo platform, designed to provide onchain economic exposure to the common stock of Credo Technology Group Holding Ltd. The underlying company trades on the Nasdaq Stock Exchange under the ticker symbol CRDO. Through CRDOON, users gain access to tokenized Credo Technology Group Holding stock with live price data, charts, and 24/7 trading availability. The product also reflects reinvested dividends of the underlying equity, making it a yield-inclusive tokenized asset rather than a simple price-tracking derivative.

Credo Technology Group Holding Ltd, founded in 2008, focuses on redefining high-speed connectivity. Its mission is to deliver breakthrough solutions that enable the next generation of connectivity at scale through fast, reliable, and energy-efficient system solutions. The company provides high-speed, energy-efficient connectivity products that power AI, cloud computing, and hyperscale networks up to 1.6T. Its portfolio includes high-speed copper and optical connectivity solutions as well as 224G-based 1.6T optical transceivers. CRDOON brings this real-world equity exposure into the Real World Assets (RWA) category of digital assets.

CRDOON exists across multiple blockchain deployments, including Solana, BNB Chain, and Ethereum, each with its own token standard and smart contract address. Supply figures vary across data sources and reporting dates, with circulating supply observations ranging from approximately 88.65 CRDOON to over 4.79 thousand tokens depending on the source. The maximum supply is listed as infinite by CoinDesk and as not available by CoinMarketCap. The overall launch date is listed as 2026-05-30 by CoinDesk, while OneBullEx lists the launch as June 2026. The token is positioned as an accessible, always-on instrument for gaining exposure to a Nasdaq-listed connectivity solutions provider.

Key Specifications & Tokenomics

• Name: Credo Technology Group Holding Tokenized Stock (Ondo)
• Ticker / Symbol: CRDOON
• Alternative ticker forms: CRDOon, CRDO.ON
• CoinMarketCap ID: 40282
• Industry / Category: Real World Assets (RWA); tokenized equities
• Official platform: https://app.ondo.finance/assets/crdoon
• Underlying asset: Credo Technology Group Holding Ltd common stock (Nasdaq: CRDO)
• Underlying company CIK number: 0001807794
• Underlying company founded: 2008
• Smart contract (Solana, SPL): d4Rc6KvP3nQT8zC86Z31zM1DJCSfUD6y424cKnZondo
• Smart contract (BNB Chain, BEP20): 0xf157481bEBd0C0686780fd0F61806C900A6137e8
• Smart contract (Ethereum, ERC20): 0xB348a4Bce7FaE890d2d37Ea104e59fb3881757c2
• Decimals: 9
• Launch date (Solana): 2026-05-29
• Launch date (BNB Chain): 2026-05-30
• Launch date (Ethereum): 2026-05-30
• Overall launch date (CoinDesk): 2026-05-30
• Circulating supply observations: 88.65 CRDOON (revenuebot.io); 110 CRDOON (CoinGecko); 1,029.01 CRDOon (OneBullEx); 1,035.4 CRDOon (Bitget); 1,153 CRDOON (CoinMarketCap); 1,182 CRDOon (Crypto.com); 1.18K CRDO.ON (CoinDesk); 4.79 Thousands tokens (CryptoRank)
• Maximum supply: ∞ (infinite) per CoinDesk
• Fully diluted value (FDV): $202.25K (CoinDesk)
• FDV/MCap Ratio: 0.00 (OneBullEx)

Who created Credo Technology Group Holding Tokenized Stock (Ondo)?

CRDOON is issued through the Ondo platform, which is the entity responsible for creating the tokenized representation of the underlying equity. The underlying asset is Credo Technology Group Holding Ltd, a company founded in 2008 and listed on the Nasdaq Stock Exchange under the ticker CRDO. The company's CIK number is 0001807794. Detailed public information about the specific individuals or teams responsible for the tokenization process beyond the Ondo platform is currently limited in the available references.

The credibility of the tokenized product is closely tied to the operational and reporting standards of Ondo as the issuing platform, as well as the corporate governance and disclosure practices of Credo Technology Group Holding Ltd as the underlying equity issuer. Investors evaluating CRDOON should consider both the tokenization infrastructure provider and the fundamentals of the underlying company. The underlying company maintains investor relations resources and publishes financial results, including its second quarter of fiscal year 2026 results, which reported revenue of $268.0 million, representing growth of 20.2% quarter over quarter and 272.1% year over year.

How does Credo Technology Group Holding Tokenized Stock (Ondo) (CRDOON) work?

CRDOON operates as a tokenized equity instrument that provides onchain economic exposure to the underlying Credo Technology Group Holding Ltd common stock. The token is deployed across multiple blockchain networks, including Solana with the SPL standard, BNB Chain with the BEP20 standard, and Ethereum with the ERC20 standard. Each deployment has its own smart contract address and launch date. This multi-chain approach allows users to access the tokenized asset across different blockchain ecosystems, depending on their preferences and the platforms they use.

The token is designed to reflect the economic performance of the underlying stock, including reinvested dividends, meaning that holders gain exposure not only to price movements but also to dividend income generated by the underlying equity. Trading pairs referenced for CRDOON include CRDOON/USD and CRDOON/USDT. The token can be acquired through supported platforms and may also be available for swapping via onchain decentralized products. The tokenization model bridges traditional equity markets and blockchain-based trading, offering 24/7 access and live price data through platforms such as Ondo, Crypto.com, and various market data providers.

Because the token represents an economic interest in a real-world equity, its value is fundamentally linked to the performance of Credo Technology Group Holding Ltd. The underlying company delivers high-speed, energy-efficient connectivity solutions powering AI, cloud computing, and hyperscale networks up to 1.6T, with products including high-speed copper and optical connectivity solutions and 224G-based 1.6T optical transceivers. This business profile gives CRDOON exposure to the growing demand for high-speed connectivity infrastructure in AI and cloud computing markets.

What makes Credo Technology Group Holding Tokenized Stock (Ondo) (CRDOON) unique and valuable?

CRDOON's primary distinction lies in its dual nature as both a real-world asset token and a tokenized equity with dividend reinvestment. Unlike many digital assets that derive value purely from speculation or network utility, CRDOON is backed by the economic performance of an established Nasdaq-listed company. This provides a bridge between traditional equity markets and blockchain-based trading, allowing investors to gain exposure to Credo Technology Group Holding Ltd without necessarily going through traditional brokerage channels. The 24/7 trading availability and live price charts further differentiate it from conventional stock trading, which is limited to market hours.

The underlying company's focus on high-speed connectivity solutions for AI, cloud computing, and hyperscale networks positions CRDOON as a way to gain indirect exposure to the AI infrastructure buildout. Credo's products, including high-speed copper and optical connectivity solutions and 224G-based 1.6T optical transceivers, address the growing demand for faster and more energy-efficient data transmission. The company's second quarter fiscal year 2026 results showed revenue of $268.0 million, growing 20.2% quarter over quarter and 272.1% year over year, indicating strong business momentum. For token holders, this translates into exposure to a company operating in a high-growth sector.

Additionally, CRDOON's multi-chain deployment across Solana, BNB Chain, and Ethereum enhances its accessibility and composability within the broader decentralized finance ecosystem. The token's classification under Real World Assets aligns with the growing trend of bringing traditional financial instruments onchain, which can improve liquidity, transparency, and accessibility. The availability of trading tools such as DCA Bots, Signal Bots, and GRID Bots further expands the ways users can interact with CRDOON, from gradual accumulation strategies to automated trading based on webhook signals or range-bound market conditions.

What is Credo Technology Group Holding Tokenized Stock (Ondo) (CRDOON) used for?

CRDOON is primarily used to gain onchain economic exposure to Credo Technology Group Holding Ltd common stock. Holders can benefit from price movements of the underlying equity as well as reinvested dividends, making it a yield-inclusive instrument. The token can be traded on supported platforms using pairs such as CRDOON/USD and CRDOON/USDT. It may also be available for swapping via onchain decentralized products, allowing users to move in and out of positions without relying solely on centralized exchanges. This makes CRDOON suitable for investors seeking exposure to a Nasdaq-listed connectivity solutions company within a blockchain-native environment.

Beyond simple holding, CRDOON can be used in automated trading strategies. The DCA Bot allows users to invest gradually and reduce risk through dollar-cost averaging, with automated entries, take-profit targets, and trailing stop losses. The Signal Bot enables execution of trading strategies using webhook signals from any source or TradingView strategies. The GRID Bot places smart buy and sell orders within preset ranges to capture market swings in sideways conditions. These tools expand the utility of CRDOON beyond passive exposure, enabling active management and strategy execution in both trending and range-bound markets.

CRDOON also serves as a portfolio diversification tool for cryptocurrency investors who want exposure to traditional equity markets without leaving the blockchain ecosystem. By holding CRDOON, investors can participate in the performance of a company that powers AI, cloud computing, and hyperscale networks. The token's 24/7 trading availability means users are not restricted by traditional stock market hours, providing flexibility for those in different time zones or with varying schedules. This combination of equity exposure, dividend reinvestment, and round-the-clock trading makes CRDOON a versatile instrument for both speculative and strategic investment purposes.

How Is the Credo Technology Group Holding Tokenized Stock (Ondo) (CRDOON) ecosystem developing?

The CRDOON ecosystem is developing around the expansion of tokenized real-world assets and the growing demand for onchain equity exposure. The token is deployed across three major blockchain networks, Solana, BNB Chain, and Ethereum, indicating a multi-chain strategy aimed at maximizing accessibility and liquidity. Trading pairs such as CRDOON/USD and CRDOON/USDT are referenced across multiple platforms, and the token is listed on data aggregators including CoinGecko, CoinDesk, CoinMarketCap, MetaMask, Bitget, CryptoRank, Messari, Cointracker, and others. This broad presence across data and trading platforms suggests an ongoing effort to build visibility and integrate CRDOON into the broader digital asset infrastructure.

The underlying company, Credo Technology Group Holding Ltd, continues to expand its product portfolio and business reach. Recent developments include the expansion of its ZeroFlap portfolio with 224G-based 1.6T optical transceivers, which combine Credo's 224G per lane optical DSP with advanced connectivity capabilities. The company reported strong financial results for the second quarter of fiscal year 2026, with revenue of $268.0 million, up 20.2% quarter over quarter and 272.1% year over year. Additionally, news coverage noted that Credo Technology Group Holding (CRDO) was up 15.4% after strong Q3 results and a new AI-cloud deal, suggesting that the underlying business is actively growing and adapting to market demands.

Forecasts for CRDOON from various sources project potential price ranges and growth trajectories. 3commas provides predictions extending through 2027 and into 2031, with a 2031 estimate of up to $254.83779 and an average price of $229.0178 per coin. OneBullEx projects a 2027 forecast of $222.22, representing a 10.25% increase, and a 2029 forecast of $245.00 based on a conservative 5% annual growth rate. These forecasts, while speculative, reflect expectations of continued development and market interest. Technical analysis from 3commas shows sentiment indicators ranging from Neutral to Greed, while OneBullEx lists both 1-day and 1-week signals as Neutral, indicating a balanced market posture at the time of reporting.

How to mine Credo Technology Group Holding Tokenized Stock (Ondo) (CRDOON)?

CRDOON cannot be mined in the traditional sense because it is a tokenized equity product rather than a proof-of-work or proof-of-stake native cryptocurrency. There is no mining mechanism, no block reward, and no consensus participation that generates new CRDOON tokens. Instead, the token is issued through the Ondo platform as a representation of the underlying equity. The supply of CRDOON is not generated through computational effort but is instead tied to the tokenization process and the supply figures reported across various data sources, which range from approximately 88.65 CRDOON to over 4.79 thousand tokens depending on the source and reporting date.

Similarly, there is no staking mechanism for CRDOON that would allow holders to earn additional tokens by locking up their assets. The value proposition of CRDOON comes from its economic exposure to the underlying Credo Technology Group Holding Ltd common stock, including reinvested dividends, rather than from staking rewards or mining incentives. Users who wish to earn returns from CRDOON would typically do so through price appreciation of the underlying equity, dividend reinvestment, or active trading strategies using tools such as the DCA Bot, Signal Bot, or GRID Bot.

For those interested in acquiring CRDOON, the process involves purchasing the token on supported platforms rather than mining it. The general steps include creating an account, completing verification if required, funding a wallet, and then opening a CRDOON trading market to choose the desired purchase amount. Onchain swapping may also be available through decentralized products. Because CRDOON is a tokenized asset, acquisition is based on market purchases rather than computational mining or validator participation.

How to keep your Credo Technology Group Holding Tokenized Stock (Ondo) (CRDOON) safe?

Keeping CRDOON safe requires attention to both the blockchain networks on which it is deployed and the platforms used for trading and storage. Since CRDOON exists on Solana, BNB Chain, and Ethereum, users should ensure they are interacting with the correct smart contract address for the network they are using. Verifying contract addresses before executing transactions is a fundamental security practice, as interacting with fraudulent or malicious contracts can result in irreversible loss of funds. Users should also be cautious of phishing attempts that mimic legitimate platforms and should only use official links and verified sources when accessing trading or storage services.

For storage, users should consider whether to hold CRDOON on a centralized platform or in a self-custody wallet. Self-custody wallets give users full control over their private keys and tokens, but they also require responsible key management. Private keys and seed phrases should never be shared with anyone, and they should be stored securely offline. Hardware wallets can provide an additional layer of security for significant holdings. When using decentralized products for swapping or trading, users should review transaction details carefully and be aware of smart contract risks, including potential vulnerabilities or exploits.

Diversification and risk management are also important aspects of keeping CRDOON holdings safe in a broader sense. Because CRDOON is tied to the performance of an underlying equity, its value can be affected by stock market volatility, company-specific news, and broader economic conditions. Users should avoid investing more than they can afford to lose and should consider using tools such as trailing stop losses or take-profit targets to manage downside risk. Staying informed about developments related to both the tokenization platform and the underlying company can help holders make timely and informed decisions about their positions.