MasTec Tokenized Stock (Ondo) PriceMTZON

What is MasTec Tokenized Stock (Ondo) (MTZON)?

MasTec Tokenized Stock (Ondo) (MTZON) is a tokenized equity product issued by Ondo Global Markets (BVI) Limited, designed to provide onchain economic exposure to MasTec, Inc., a U.S.-listed construction and infrastructure company traded under the underlying ticker MTZ. The token is categorized as an asset-backed token and forms part of the Real-World Assets (RWA) sector, specifically within Ondo's tokenized equities offering. MTZON aims to give tokenholders economic exposure similar to holding MTZ shares while reinvesting any dividends, without requiring direct access to traditional U.S. brokerage infrastructure.

Ondo Stocks is a tokenization platform designed to give investors outside the US onchain exposure to thousands of US publicly traded securities, including stocks and ETFs.

The token is deployed across multiple blockchain networks, including Ethereum as an ERC-20 token, BNB Smart Chain (BSC), and Solana. The Ethereum contract operates as a BeaconProxy with 18 decimals. Token amounts are scaled by an active UI multiplier based on the UIMultiplierUpdated event. The project represents an early-stage tokenized asset with a relatively small market capitalization and a limited number of holders.

Key Specifications & Tokenomics

• Name: MasTec Tokenized Stock (Ondo)
• Ticker / Symbol: MTZON (also written MTZon)
• Issuer: Ondo Global Markets (BVI) Limited
• Asset Type: Tokenized stock / tokenized equity; asset-backed token; Real-World Assets (RWA) sector
• Underlying Asset: MasTec, Inc. (U.S.-listed; underlying ticker MTZ)
• Blockchains / Networks: Ethereum (ERC-20), BNB Smart Chain (BSC), and Solana
• Ethereum Contract Address: 0x5cb95099a2c7e3c8187fbca6efe5ba222b5ba820
• BSC Contract Address: 0xF49046aae76EaEB7ffD3Ef116Ce0f7Cd0F52D93e
• Solana Contract Address: R3ywbVQ5t8LNmjQsn2Ngv43dSqyZscQwNag9G3Eondo
• Token Standard: ERC-20 (Source Code is Proxy)
• Contract Name: BeaconProxy
• Decimals: 18
• Contract Security Audit: No Contract Security Audit Submitted
• Listing Date: 8 January 2026 (CoinMarketCap)
• Circulating Supply: 25 MTZON
• Total Supply: 25 MTZON
• Max Supply: Not set (—)
• Market Cap: Market capitalization is small relative to the underlying equity.
• Holders: Holder count is limited.
• Official Website: https://ondo.finance/global-markets
• Product Page: https://app.ondo.finance/assets/mtzon

The Ethereum contract is a proxy contract, so its logic can be upgraded by the issuer.

Who created MasTec Tokenized Stock (Ondo)?

MTZON is issued by Ondo Global Markets (BVI) Limited, the entity responsible for bringing tokenized U.S. stocks and ETFs onchain. Ondo Finance is the blockchain technology company behind the product, known for making assets such as funds that invest in U.S. Treasuries available in digital form. The company has expanded its footprint through initiatives such as joining Mastercard's Multi-Token Network and enabling tokenized stocks to be used as collateral for leveraged trades. MTZON is issued by Ondo Global Markets (BVI) Limited, with Ondo Finance as the technology provider behind the product. Ondo Finance's broader product line includes tokenized real-world assets such as USDY and OUSG, alongside Ondo Stocks.

How does MasTec Tokenized Stock (Ondo) work?

MTZON functions as a tokenized representation of MasTec, Inc. stock, providing onchain economic exposure to the underlying U.S.-listed equity. Ondo tokenized stocks enable non-US retail and institutional users around the world to instantly mint and redeem tokenized U.S. stocks and ETFs, 24 hours a day, five days a week, with full access to traditional exchange liquidity. Additional restrictions apply to these products.

The token operates on Ethereum as an ERC-20 BeaconProxy contract and on BNB Smart Chain. Token amounts are scaled by an active multiplier based on the UIMultiplierUpdated event, which adjusts token balances to reflect economic changes such as dividend reinvestment. This mechanism allows tokenholders to maintain exposure equivalent to holding MTZ shares and reinvesting dividends, without manually managing corporate actions. The token is listed on a small number of trading venues; liquidity is limited relative to the underlying equity.

What makes MasTec Tokenized Stock (Ondo) unique and valuable?

MTZON's primary distinction lies in its ability to deliver economic exposure to a traditional U.S. equity within a blockchain-native format. By tokenizing MasTec stock, Ondo bridges the gap between conventional capital markets and decentralized finance, allowing users to access a U.S.-listed construction and infrastructure company without opening a traditional brokerage account. The product offers 24-hour minting and redemption five days a week, with full access to traditional exchange liquidity.

Another differentiating factor is the dividend reinvestment mechanism embedded in the token's multiplier system, which automatically adjusts token amounts to reflect dividend equivalents. This feature simplifies the investor experience compared to manually tracking and claiming dividends. Furthermore, Ondo's broader ecosystem includes integration with institutional initiatives such as Mastercard's Multi-Token Network and the use of tokenized stocks as collateral for leveraged trades, adding utility beyond simple holding. However, the token currently has a very small market capitalization, limited holder base, and no contract security audit, which are important considerations for potential users.

What is MasTec Tokenized Stock (Ondo) used for?

MTZON is primarily used to gain onchain economic exposure to MasTec, Inc. without directly holding the underlying U.S.-listed security. Tokenholders can hold MTZON to mirror the price movements of MTZ and benefit from dividend reinvestment through the token's multiplier mechanism. The token can be traded on supported centralized and decentralized exchanges.

Beyond simple holding, MTZON can be used as collateral for leveraged trades on platforms that support Ondo's tokenized stocks, allowing traders to maintain their equity exposure while accessing additional capital. Ondo tokenized stocks can be used as collateral for leveraged trades on platforms that support them. Its availability on multiple blockchains, including Ethereum and BNB Smart Chain, enables users to choose the network that best suits their needs for transaction costs and speed.

How Is the MasTec Tokenized Stock (Ondo) ecosystem developing?

The Ondo ecosystem continues to expand its tokenized asset offerings and institutional partnerships. Ondo Finance joined Mastercard's Multi-Token Network, signaling growing integration between traditional financial infrastructure and blockchain-based assets. Ondo has expanded its footprint by enabling tokenized stocks to be used as collateral for leveraged trades. This development enhances the utility of tokens like MTZON beyond passive holding.

On 15 July 2026, Ondo Finance announced tokenized stocks based on DTC Tokenized Entitlements in collaboration with DTCC, with a planned rollout through its global partner network of exchanges, wallets, and DeFi platforms.

Ondo's tokenized stocks ecosystem includes a range of similar assets, such as MicroStrategy (Ondo Tokenized), Mastercard Tokenized Stock (Ondo), Merck Tokenized Stock (Ondo), and Li Auto Tokenized Stock (Ondo), indicating a broader strategy to tokenize diverse U.S.-listed equities. Ondo's tokenized stocks offering is part of a broader push by institutions toward onchain settlement, payments, and investment access. MTZON itself remains an early-stage asset with a small market capitalization and limited holder base, but it operates within a growing ecosystem that is actively developing infrastructure for tokenized real-world assets.

How to mine MasTec Tokenized Stock (Ondo)?

MTZON is not a mineable cryptocurrency. It is a tokenized stock issued on blockchain networks, meaning there is no proof-of-work mining process or block reward mechanism associated with the token. Instead, MTZON is minted and redeemed through Ondo's platform, which manages the issuance of tokens backed by the underlying equity exposure. Users do not need specialized hardware or energy-intensive mining rigs to acquire MTZON.

Staking is also not a native feature of MTZON. The token's value is derived from its underlying asset, MasTec, Inc. stock, and its economic exposure is maintained through the token's multiplier mechanism rather than through staking rewards. Users can acquire MTZON by purchasing it on supported exchanges or through Ondo's platform, and can potentially use it as collateral in supported DeFi applications. There is no mining or staking process that generates new MTZON tokens as a reward.

How to keep your MasTec Tokenized Stock (Ondo) Coin safe?

Securing MTZON requires standard best practices for cryptocurrency and tokenized asset storage. Users should store tokens in a reputable self-custody wallet that supports ERC-20 tokens on Ethereum or BEP-20 tokens on BNB Smart Chain, depending on the network used. Hardware wallets provide an additional layer of security by keeping private keys offline and protected from online threats. Users should always verify contract addresses before interacting with any token, using the official Ethereum address 0x5cb95099a2c7e3c8187fbca6efe5ba222b5ba820 or the BSC address 0xF49046aae76EaEB7ffD3Ef116Ce0f7Cd0F52D93e.

It is important to note that the MTZON contract has no Contract Security Audit Submitted, which means users should exercise additional caution and conduct their own due diligence. Phishing attacks, fake tokens, and malicious smart contracts are common risks in the tokenized asset space. Users should only interact with official Ondo platforms and verified exchange listings, avoid sharing private keys or seed phrases, and consider using separate wallets for different asset types to minimize exposure. Given the additional restrictions that apply to Ondo tokenized stocks, users should also ensure they are eligible to hold and trade these products in their jurisdiction.