Freeport-McMoRan Tokenized Stock (Ondo) PriceFCXON

What is Freeport-McMoRan Tokenized Stock (Ondo) (FCXON)?

Freeport-McMoRan Tokenized Stock (Ondo) (FCXON) is a tokenized version of Freeport-McMoRan Inc. (FCX) common stock, issued through Ondo Finance's Ondo Stocks product line. It gives tokenholders economic exposure similar to holding FCX shares while reinvesting any dividends. The underlying reference asset is Freeport-McMoRan Inc. common stock, a company listed on the NYSE. FCXON is designed for non-US retail and institutional users who want instant minting and redemption of tokenized U.S. stocks and ETFs, with access to traditional exchange liquidity. Ondo Stocks has listed over 430 tokenized stocks and ETFs across Solana, Ethereum, and BNB Chain. Ondo Stocks reports that it was among the first tokenized stock platforms to pass $1 billion in total value locked, a figure the platform states exceeds that of other tokenized stock platforms combined.

Key Specifications & Tokenomics

• Name: Freeport-McMoRan Tokenized Stock (Ondo)
• Ticker / Symbol: FCXON
• Token Symbol Variant: FCXon
• Issuer / Platform: Ondo Finance (Ondo Stocks product line)
• Underlying Reference Asset: Freeport-McMoRan Inc. (FCX) common stock
• CoinMarketCap ID: 39756
• Category: Tokenized Stock / Real-World Asset
• Supported Chains: Solana (primary per CoinMarketCap), with ERC-20, BEP-20 and HyperEVM deployments listed in Ondo's documentation
• Ethereum Contract: 0xeb08d539Be0f6a6C90eA24276196E348f5688A02
• BNB Chain (BEP-20) Contract: 0xE3b17E6D290A0F28bd32aF4064637057627004D5
• Solana Contract: CY8ttw5rYCT6fFBJwqXofefqa7Ji9E8zfLmhRLmondo
• HyperEVM Contract (additional deployment): 0xA019295D44677dd2f5B066245453938B1b1C483B
• Max Supply: No fixed maximum supply
• Total Supply: 336 FCXon (CoinMarketCap snapshot as of 2026-10-23)
• Circulating Supply: 336 FCXon (CoinMarketCap snapshot as of 2026-10-23)
• Listing Date: March 24, 2026 (CoinMarketCap)
• Official Website: https://app.ondo.finance/
• Asset Page: https://app.ondo.finance/assets/fcxon

Who created Freeport-McMoRan Tokenized Stock (Ondo)?

FCXON is issued by Ondo Finance through its Ondo Stocks product line. Ondo Finance is the entity behind the tokenized stock model. Ondo Finance's leadership is listed publicly as Ian De Bode, CEO, per the project's own materials. The token is built with infrastructure partners including Alpaca's Instant Tokenization Network, Broadridge, Oasis Pro, and others. The product is not issued, sponsored, endorsed, or affiliated with Freeport-McMoRan; the company name and trademarks are used solely to identify the underlying reference asset.

How does Freeport-McMoRan Tokenized Stock (Ondo) work?

FCXON operates as a tokenized representation of Freeport-McMoRan Inc. common stock. Eligible users can mint or redeem supported assets around the clock at the current prevailing price. Minting and redemption run 24/7 as of June 25, 2026; before that date the window was 24 hours a day, five days a week. Eligible users mint by depositing stablecoins or fiat into Ondo's smart contracts; redemption burns the token and settles either in USDC or by delivering the underlying share, subject to jurisdiction-specific eligibility. The token is live across Ethereum, BNB Chain, and Solana, with additional deployment on HyperEVM. Tokenized stocks can move through the onchain economy even when traditional U.S. equity markets are closed, and they can be deployed as collateral across platforms including Ondo Perps, Morpho, and Euler. In-kind conversion between underlying shares and tokenized stocks is enabled through Alpaca's Instant Tokenization Network, allowing approved institutions to mint and redeem Ondo Stocks.

What makes Freeport-McMoRan Tokenized Stock (Ondo) unique and valuable?

FCXON combines exposure to a major NYSE-listed copper and gold producer with the flexibility of onchain assets. Ondo Stocks reports that it was among the first tokenized stock platforms to pass $1 billion in total value locked, a figure the platform states exceeds that of other tokenized stock platforms combined. The infrastructure supports 24/7 permissionless onchain trading, enabling tokenized stocks to be used as collateral across multiple platforms. The token also benefits from Ondo's institutional-grade infrastructure and partnerships with Alpaca, Broadridge, Oasis Pro, and others. According to Ondo, the SEC issued an Innovation Exemption on September 17, 2026 that would give platforms facilitating trading of tokenized NMS stock a five-year exemption; the practical scope and any conditions have not been independently confirmed.

What is Freeport-McMoRan Tokenized Stock (Ondo) used for?

FCXON provides tokenholders with economic exposure similar to holding FCX and reinvesting any dividends. It can be bought, sold, swapped, and used in prediction markets and staking through supported platforms such as MetaMask. Perpetual markets on some platforms offer leverage of up to 50x; leveraged positions can be liquidated quickly and losses can exceed the collateral posted. The token can be deployed as collateral across platforms including Ondo Perps, Morpho, and Euler, allowing traders to use tokenized stocks as collateral for leveraged trades without selling their equity exposure first. It also enables 24/7 permissionless transfers and can move through the onchain economy even when traditional U.S. equity markets are closed. Eligible users can hold, transfer, and use these assets across supported wallets, exchanges, custodians, and protocols at any time.

How Is the Freeport-McMoRan Tokenized Stock (Ondo) ecosystem developing?

The Ondo Stocks ecosystem has expanded significantly. On April 28, 2026, Ondo Finance brought shareholder voting capabilities to tokenized securities with Broadridge. On June 16, 2026, Ondo partnered with Mirae Asset to tokenize its Global X ETF lineup. On June 22, 2026, Ondo Tokenized Stocks went live on LI.FI. On June 25, 2026, Ondo extended minting and redemption to 24/7. On July 2, 2026, Ondo introduced custodial tokenized securities in the U.S., which the company describes as a first, and debuted an SEC-aligned tokenized stock model with BlackRock ETF and Micron shares. On Aug. 25, 2026, Ondo expanded perps collateral as tokenized stocks gained. On Sept. 17, 2026, the SEC issued an Innovation Exemption to facilitate trading of tokenized NMS stock. Ondo has described ongoing work with market infrastructure providers on tokenized securities settlement. Transfer activity across tokenized stocks has grown, though figures vary by source and date. As of August 30, 2026, the BEP-20 contract had 43 holders, per BscScan.

How to mine Freeport-McMoRan Tokenized Stock (Ondo)?

FCXON is not mined. It is minted by Ondo Finance when eligible users deposit stablecoins or fiat, and burned on redemption; the token supply therefore expands or contracts with demand rather than being produced by validators or miners. Minting and redemption operate 24/7 across Ethereum, BNB Chain, and Solana. There is no mining process, and no fixed maximum supply exists. Users can acquire FCXON through supported trading venues and platforms, or by minting directly where eligible. Staking options may be available through supported platforms such as MetaMask, but these are not mining mechanisms.

How to keep your Freeport-McMoRan Tokenized Stock (Ondo) Coin safe?

Store FCXON in supported wallets that are compatible with Ethereum, BNB Chain, Solana, or HyperEVM, depending on the network you use. Use hardware wallets for long-term holdings and keep private keys or seed phrases offline and secure. Verify contract addresses before interacting with any token, and only use official Ondo Finance links and verified platforms. Be aware that investing in crypto-assets carries significant market risk, including extreme volatility and the potential loss of capital. Research thoroughly, diversify your portfolio, invest responsibly, adopt a long-term perspective, and stay informed. Consider dollar-cost averaging and beware of scams and fraud. Seek professional advice if needed.