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View ChartFabrinet Tokenized Stock (Ondo) (FNON) is a tokenized representation of Fabrinet (FN) issued by Ondo Finance, described as the only issuer of tokenized Fabrinet on CoinGecko. Fabrinet is a global provider of specialized manufacturing services, offering optical packaging, high-precision optical, electromechanical, and electronic manufacturing services. FNON gives tokenholders economic exposure similar to holding FN and reinvesting any dividends, and it is issued through Ondo Global Markets, a platform that brings traditional public securities onchain. The token is implemented as an ERC-20 on Ethereum with a BeaconProxy upgradeable contract architecture, and it is also deployed on BNB Smart Chain as a BEP20 token and on Solana. Supply figures vary across data sources and snapshots, reflecting the multiplier mechanism and evolving circulating supply. CoinMarketCap's latest snapshot lists a total and circulating supply of 338.66 FNon, while Etherscan snapshots show circulating supply around 340.00 FNon. The project is part of the broader Ondo Stocks ecosystem, which launched in September 2025 and has since become a major tokenized securities platform.
FNON is issued by Ondo Finance, the entity described as the only issuer of tokenized Fabrinet on CoinGecko. Ondo Finance designs institutional-grade platforms, assets, and infrastructure to bring financial markets onchain. The underlying asset, Fabrinet, is a separate publicly traded company and is not the issuer of the token. Detailed public information about the specific individuals who created the FNON token is currently limited; the token is a product of Ondo Finance's Ondo Global Markets and Ondo Stocks initiatives. Ondo states that it works exclusively with preeminent asset managers, regulated service providers, and experienced leadership, and it emphasizes third-party audited security and a compliance-first focus. Fabrinet investor relations materials are maintained separately at investor.fabrinet.com.
FNON is a tokenized stock that provides economic exposure similar to holding Fabrinet (FN) and reinvesting any dividends. 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. The Ethereum contract uses a BeaconProxy upgradeable proxy pattern, with the proxy implementation at 0xebBcb2cE...8B0b22250. The contract employs a UIMultiplier mechanism, based on the UIMultiplierUpdated event, which scales displayed token amounts to reflect dividend reinvestment and economic exposure adjustments. Pricing is derived from underlying listings on venues such as NYSE and Nasdaq rather than from fragmented onchain liquidity, with execution designed to remain consistent and efficient across market conditions. Cross-chain transfers of Ondo tokenized stocks are enabled by the Ondo Bridge, powered by LayerZero, connecting BNB Chain, Ethereum, and Hyperliquid's HyperEVM. Ondo also launched the first 24/7 minting and redemption for tokenized stocks, announced June 25, 2026.
FNON's primary distinction is that it is the only issuer of tokenized Fabrinet on CoinGecko, issued by Ondo Finance through Ondo Global Markets. Ondo Global Markets launched in September 2025 and became the largest tokenized securities platform globally, reaching over $970 million in total value locked, more than all other platforms combined, and powering almost $18 billion in volume for tens of thousands of holders. On May 11, 2026, Ondo Global Markets surpassed $1 billion in total value locked, a first for tokenized stocks, reaching the milestone in under eight months with over 70% market share and $18 billion in cumulative trading volume. Ondo's platform metrics show a current TVL of $1.08B, more than 450 assets, and roughly 221,300 unique holders. FNON tokens are freely transferable and usable in DeFi, and Ondo's pricing model taps into the depth of traditional equity markets. Ondo also partnered with Broadridge to bring voting capabilities to tokenized stocks, announced April 28, 2026.
FNON is used to gain economic exposure similar to holding Fabrinet (FN) and reinvesting any dividends, without directly holding the underlying equity. Because it is a freely transferable token, it can be used within DeFi and moved across supported chains via the Ondo Bridge. Ondo tokenized stocks allow non-US retail and institutional users to instantly mint and redeem tokenized U.S. stocks and ETFs, 24 hours a day, five days a week, with access to traditional exchange liquidity. The token is also used as an onchain representation of a real-world asset within the Ondo Stocks ecosystem, and it can be transferred from BNB Chain and Ethereum to Hyperliquid's HyperEVM. Its availability is subject to restrictions, and Ondo Stocks and USDY are not available in the US. Additional restrictions apply to Ondo tokenized stocks.
The FNON ecosystem is tied to the broader growth of Ondo Finance and Ondo Global Markets. Ondo Global Markets launched in September 2025 and reached over $970 million in total value locked before surpassing $1 billion on May 11, 2026. The Ondo Stocks platform currently reports a TVL of $1.08B, more than 450 assets, and roughly 221,300 unique holders. Ondo's Ondo Bridge, powered by LayerZero, enables transfers of tokenized stocks between BNB Chain, Ethereum, and Hyperliquid's HyperEVM, with thirty-five Ondo tokenized assets now bridgeable to HyperEVM. Protocols such as Felix and Melt are bringing Ondo tokenized stocks to their users, and Ondo's integration with Felix brought over 260 Ondo tokenized stocks and ETFs to its users. MetaMask added tokenized US stocks, ETFs, and commodities via Ondo Global Markets on February 3, 2026. Ondo also completed the first cross-border, cross-bank redemption of tokenized U.S. Treasuries with Kinexys by J.P. Morgan, Mastercard, and Ripple on May 6, 2026, and partnered with Broadridge on voting capabilities on April 28, 2026. On September 17, 2026, the SEC issued a temporary, conditional innovation exemption to trade tokenized NMS stock, granted to Tokenized Securities Venues.
FNON is not mined. It is a tokenized stock issued by Ondo Finance, so there is no mining process, no proof-of-work consensus, and no staking-based issuance mechanism for the token itself. Instead, tokens are minted and redeemed through Ondo's platform infrastructure. Ondo tokenized stocks enable non-US retail and institutional users to instantly mint and redeem tokenized U.S. stocks and ETFs, 24 hours a day, five days a week, and Ondo launched the first 24/7 minting and redemption for tokenized stocks, announced June 25, 2026. The token's economic exposure adjustments, including dividend reinvestment, are handled through the contract's UIMultiplier mechanism rather than through mining rewards. Users seeking exposure to FNON should therefore use supported minting, redemption, or trading venues rather than mining hardware or staking pools.
Because FNON is an ERC-20 token on Ethereum, a BEP20 token on BNB Smart Chain, and also deployed on Solana, holders should use wallets and custody solutions that support the specific chain on which their tokens are held. Store private keys and seed phrases offline and never share them with anyone. Verify the correct contract address before interacting with any token, since the Ethereum contract address is 0x93A96721a624822A6aB6461A7891a5C6b154102F and the Solana address is cfxyRHXjqoKN6hF3oEGu1bpEEFGcEiVXoNG4UUCondo. Note that no contract security audit has been submitted per Etherscan, so users should exercise additional caution and conduct their own due diligence. Be aware that Ondo Stocks and USDY are not available in the US, and additional restrictions apply. TradingView notes FNON is as reliable as any other crypto asset and that the global market segment is extremely volatile, with estimated volatility of 2.26% on the snapshot date. Avoid sharing wallet balances or transaction details publicly, and use hardware wallets for larger holdings where supported.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for FNON 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 Fabrinet Tokenized Stock (Ondo) (FNON) is ₹30,359.62. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated FNON to USD rate at the top of BTCC’s price page. In terms of market scope, Fabrinet Tokenized Stock (Ondo) records a 24h trading volume of ₹2.35Cr (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹3.14Cr. Its current circulating supply stands at 1.04K out of a maximum supply cap of ∞.
The price volatility of Fabrinet Tokenized Stock (Ondo) (FNON) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (1.04K) 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, Fabrinet Tokenized Stock (Ondo) (FNON) hit an all-time high (ATH) of ₹57,731.87 on 2026-08-17 20:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹29,617.44 on 2026-10-23 14:05. 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 FNON 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 (₹2.35Cr), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s FNONUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Fabrinet Tokenized Stock (Ondo), simply log into your BTCC account with USDT margin available, navigate to the FNONUSDT 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 FNONUSDT 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: ₹30,359.62), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for FNONUSDT with zero financial risk.
Trading Fabrinet Tokenized Stock (Ondo) (FNON) 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 FNONUSDT, and review its live price (₹30,359.62) 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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