Bank of America Tokenized Stock (Ondo) PriceBACON

What is Bank of America Tokenized Stock (Ondo) (BACON)?

Bank of America Tokenized Stock (Ondo) (BACON) is a tokenized real-world asset that provides tokenholders with economic exposure similar to holding Bank of America Corporation (BAC) stock while reinvesting any dividends. Issued by Ondo Global Markets under the Ondo Finance platform, BACON belongs to the tokenized equity asset class and is designed specifically for non-U.S. retail and institutional investors. The token allows users 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. BACON is freely transferable and usable in DeFi applications, bridging traditional public securities with blockchain technology. The token launched on July 31, 2025, and operates across multiple blockchain networks including Ethereum, BNB Chain, and Solana. With a total asset value of approximately $28,000 and a token supply of roughly 475.62 tokens, BACON represents an early-stage but growing tokenized stock product in the rapidly expanding real-world asset sector.

Key Specifications & Tokenomics

• Name: Bank of America Tokenized Stock (Ondo)
• Ticker / Symbol: BACon (also referenced as BACON)
• Underlying Security: Bank of America Corporation (BAC)
• Asset Class: Tokenized equity / tokenized real-world asset
• Issuer / Platform: Ondo Global Markets / Ondo Finance
• Tokenization Type: Distributed Tokenization Sponsorship Third-Party
• Blockchains / Networks: Ethereum (Native, ERC-20), BNB Chain (Native, ERC-20), Solana (Native, token-2022)
• Contract Address (BNB Chain / BEP-20): 0xd615468088b19fb9d4f03cb3ce9e33876ff3db99
• Contract Address (Ethereum / ERC-20): 0x576e9ca70e3a040c00d8139b0665a2b7b7b64844
• Inception Date: 07/31/2025
• Domicile: British Virgin Islands
• Regulatory Framework: U.S. Securities Act Reg. S Exemption; SEC
• Total Asset Value: $28.00K
• Net Asset Value (NAV): $58.88
• Token Supply: 475.62
• Circulating Supply: 475.62
• Holders: 189
• Maximum Supply: Unlimited
• Management Fees: 0%
• Performance Fees: 0%
• Subscription Fees: 0%
• Redemption Fees: 0%
• Subscription Time: Instant
• Redemption Time: Instant
• Eligible Investors: Non-U.S. Investor
• Base Asset for Subscription: USDC
• Crypto Custodian: BitGo
• Fund Administrator: Ondo Stocks
• Traditional Broker / Transfer Agent: Alpaca Securities
• Auditor: BPM UK Audit Ltd

Who created Bank of America Tokenized Stock (Ondo)?

Bank of America Tokenized Stock (Ondo) is issued by Ondo Global Markets, the tokenization arm of Ondo Finance. Ondo Finance is the platform behind the product, responsible for the overall infrastructure and management of the tokenized stock offering. The legal identifier for the custodian is Alpaca Securities LLC (Legal Identifier 0001702580), which serves as the traditional broker and transfer agent. The crypto custodian for the token is BitGo, while BPM UK Audit Ltd acts as the auditor. Ondo Stocks functions as the fund administrator. The issuer is domiciled in the British Virgin Islands and operates under the U.S. Securities Act Regulation S exemption, making the product available exclusively to non-U.S. investors. Detailed public information about the founding team and individual executives behind the Ondo tokenized stock product line is currently limited.

How does Bank of America Tokenized Stock (Ondo) work?

BACON operates as a tokenized representation of Bank of America Corporation stock, giving tokenholders economic exposure similar to holding BAC shares and reinvesting dividends. The tokenization model follows a Distributed Tokenization Sponsorship Third-Party structure, where underlying securities are custodied by third-party depositary institutions under a custody agreement. Users can instantly subscribe to BACON using USDC as the base asset, and redemption is also processed instantly. The tokens are freely transferable and usable within DeFi ecosystems. BACON is available on three blockchain networks: Ethereum as an ERC-20 token, BNB Chain as an ERC-20 token, and Solana as a token-2022 asset. Trading is available 24 hours a day, five days a week, providing full access to traditional exchange liquidity. The platform emphasizes that the product is not available in the United States. The supply distribution across networks shows Ethereum holding 235.59 tokens, BNB Chain with 147.60 tokens, and Solana with 92.42 tokens as of September 18, 2026.

What makes Bank of America Tokenized Stock (Ondo) unique and valuable?

BACON distinguishes itself through several key features that address common barriers in traditional finance. First, it enables non-U.S. investors to gain exposure to one of America's largest financial institutions without needing direct access to U.S. brokerage accounts or traditional stock exchanges. Second, the token offers instant minting and redemption with zero management, performance, subscription, or redemption fees, making it a cost-efficient vehicle for gaining tokenized equity exposure. Third, the 24/5 trading availability with full access to traditional exchange liquidity provides flexibility that conventional stock markets cannot match. Fourth, BACON is freely transferable and composable within DeFi, allowing tokenholders to use their holdings in various on-chain applications. The token is backed by real Bank of America Corporation shares held by regulated third-party custodians, providing a direct link to the underlying asset. With monthly transfer volume of $58,101 and a growing holder base of 189 addresses, BACON demonstrates increasing adoption within the tokenized stock niche.

What is Bank of America Tokenized Stock (Ondo) used for?

BACON serves multiple purposes within the cryptocurrency and traditional finance intersection. Its primary use case is providing economic exposure to Bank of America Corporation stock for non-U.S. investors who may face regulatory or logistical barriers to accessing U.S. equities directly. Tokenholders can mint and redeem the token instantly using USDC, making it a convenient tool for portfolio diversification. The token's transferability and DeFi compatibility allow it to be used as collateral, in liquidity pools, or in other on-chain financial applications. Traders can access BACON through various trading pairs including BACon/USDT and BACon/USD on multiple platforms. The token also serves as a dividend-reinvestment vehicle, as holding BACON provides exposure similar to holding BAC and reinvesting dividends. Additionally, BACON functions as a bridge between traditional securities markets and blockchain ecosystems, enabling users to move between the two worlds efficiently.

How Is the Bank of America Tokenized Stock (Ondo) ecosystem developing?

The BACON ecosystem is in its early growth phase, having launched on July 31, 2025. The token is currently trading on nine active markets, with support from platforms such as Bitget, BitMart, LBank, and Binance Web3 Wallet. The holder base has grown to 189 addresses, representing a 12.50% increase from 30 days prior. Monthly transfer count reached 454, with monthly transfer volume of $58,101, up 42.79% from the previous month. Trailing 30-day active addresses stand at 89. The token supply is distributed across Ethereum, BNB Chain, and Solana, demonstrating multi-chain expansion. Ondo Finance continues to develop its tokenized stock platform, referencing related products such as Quanta Services Tokenized Stock (Ondo) (PWRon) and Applied Digital Tokenized Stock (Ondo) (APLDon). The broader Ondo ecosystem is also engaging with industry developments, including discussions around major U.S. banks planning tokenized deposit networks.

How to mine Bank of America Tokenized Stock (Ondo)?

BACON cannot be mined in the traditional sense because it is a tokenized real-world asset rather than a proof-of-work or proof-of-stake cryptocurrency. Instead of mining, users acquire BACON through instant subscription using USDC as the base asset. The subscription process is instantaneous, and redemption is equally immediate. There are no management fees, performance fees, subscription fees, or redemption fees associated with acquiring or redeeming the token. Tokenholders do not participate in staking or consensus mechanisms, as BACON derives its value from the underlying Bank of America Corporation stock rather than from network validation activities. The token is backed by real securities held by third-party custodians, and its supply is determined by user subscription and redemption activity rather than mining rewards or staking incentives. This model reflects the tokenized equity nature of the asset.

How to keep your Bank of America Tokenized Stock (Ondo) safe?

Securing BACON requires attention to both blockchain security and the unique characteristics of tokenized equities. Since BACON exists on Ethereum, BNB Chain, and Solana, users should use compatible wallets that support the respective token standards, including ERC-20 and token-2022. Hardware wallets provide an additional layer of security for storing private keys offline. Users should verify contract addresses carefully before interacting with any token, using the officially documented addresses for Ethereum and BNB Chain. Because BACON is a tokenized stock product, holders should understand that owning the token does not constitute ownership of the underlying Bank of America Corporation stock and does not convey shareholder rights. The product is available only to non-U.S. investors, and users should ensure compliance with their local regulations. Custody of the underlying securities is handled by third-party depositary institutions, while BitGo serves as the crypto custodian. Regular review of platform announcements and security best practices is recommended to protect holdings.