Salesforce Tokenized Stock (Ondo) PriceCRMON

What is Salesforce Tokenized Stock (Ondo) (CRMON)?

Salesforce Tokenized Stock (Ondo) (CRMON) is a tokenized equity product issued by Ondo Global Markets (BVI) Limited that provides onchain economic exposure to Salesforce, Inc., a U.S.-listed company whose underlying shares trade under the ticker CRM. The token is designed so that its price mirrors the economic performance of holding CRM, including the reinvestment of any dividends. CRMON is classified as a stock token and is offered through the Ondo platform, which enables non-U.S. retail and institutional users to mint and redeem tokenized U.S. stocks and ETFs instantly, 24 hours a day, five days a week, with access to traditional exchange liquidity. The token is native to three blockchain networks: Ethereum and BNB Chain, where it uses the ERC-20 standard, and Solana, where it uses the token-2022 standard. The inception date for the asset is July 31, 2025. Circulating supply figures reported across data providers vary slightly, with RWA.xyz listing 4,546.01 tokens and Yahoo Finance reporting approximately 4.33 thousand. Market capitalization is reported at approximately $1.06 million by Yahoo Finance and a total asset value of $1,149,314 by RWA.xyz. CRMON is positioned as a regulated tokenized securities offering under the U.S. Securities Act Regulation S exemption, with the issuer domiciled in the British Virgin Islands.

Key Specifications & Tokenomics

• Name: Salesforce Tokenized Stock (Ondo)
• Ticker / Symbol: CRMON (also written CRMon)
• Issuer: Ondo Global Markets (BVI) Limited
• Platform: Ondo
• Underlying Security: Salesforce, Inc. (CRM)
• Asset Class: Stocks (tokenized equity)
• Blockchain(s): Ethereum (native), BNB Chain (native), Solana (native)
• Token Standard: ERC-20 (Ethereum, BNB Chain); token-2022 (Solana)
• Token Supply by Network: Ethereum 4,226.06; BNB Chain 257.22; Solana 62.73
• Circulating Supply: 4,546.01 (RWA.xyz)
• Total Supply: 4,546.01 (RWA.xyz)
• Market Cap: Approximately $1.06M (Yahoo Finance)
• Fully Diluted Valuation: 1.06M (Yahoo Finance)
• Net Asset Value (NAV): $253 (RWA.xyz)
• Holders: 255 (RWA.xyz)
• Inception Date: 07/31/2025
• Domicile: British Virgin Islands
• Regulatory Framework: U.S. Securities Act Reg. S Exemption; SEC
• Tokenization Type: Distributed Tokenization Sponsorship Third-Party
• Management Fees: 0%
• Performance Fees: 0%
• Subscription Fees: 0%
• Redemption Fees: 0%
• Eligible Investors: Non-U.S. Investor
• Base Assets: USDC
• Subscription Time: Instant
• Redemption Time: Instant
• Custodian: Alpaca Securities LLC
• Crypto Custodian: BitGo
• Auditor: BPM UK Audit Ltd
• Official Website: https://app.ondo.finance/assets/crmon

Who created Salesforce Tokenized Stock (Ondo)?

Salesforce Tokenized Stock (Ondo) is issued by Ondo Global Markets (BVI) Limited, a entity domiciled in the British Virgin Islands and referenced across data sources as Ondo Global Markets. The token is part of the broader Ondo platform, which focuses on bringing tokenized real-world assets, including U.S. stocks and ETFs, to blockchain networks. The service provider ecosystem supporting CRMON includes Alpaca Securities LLC as the traditional broker, transfer agent, and legal custodian; BitGo as the crypto custodian; Ondo Stocks as the fund administrator; and BPM UK Audit Ltd as the auditor. Detailed public information about the specific founding team or individual creators behind this particular tokenized asset is currently limited in the available references. The issuer operates under the U.S. Securities Act Regulation S exemption and reports the U.S. Securities and Exchange Commission as its regulatory framework, with dispute resolution handled in the British Virgin Islands.

How does Salesforce Tokenized Stock (Ondo) work?

CRMON functions as a tokenized representation of Salesforce, Inc. stock. When a non-U.S. investor purchases CRMON, they gain economic exposure similar to holding CRM and reinvesting any dividends, without directly owning the underlying shares. The primary market mechanics allow eligible non-U.S. investors to mint and redeem tokens instantly using USDC as the base asset, with zero subscription and redemption fees. Ondo tokenized stocks are designed to provide 24/5 access, meaning users can mint and redeem tokens 24 hours a day, five days a week, aligned with traditional exchange trading hours. The token exists natively on Ethereum, BNB Chain, and Solana, giving users flexibility in choosing which network to transact on. The price of CRMON is designed to track the economic value of CRM shares, and its market price is influenced by trading activity across various venues. The underlying assets are held with Alpaca Securities as the traditional broker and custodian, while BitGo serves as the crypto custodian, and Ondo Stocks acts as the fund administrator. This structure allows for peer-to-peer transactions of the token while maintaining a link to the traditional equity market.

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

CRMON offers several distinctive features that differentiate it from both traditional equity investments and other crypto assets. First, it provides onchain economic exposure to a major U.S.-listed company, Salesforce, Inc., enabling crypto-native users to access equity-like returns without leaving the blockchain ecosystem. Second, the token is available on three major networks — Ethereum, BNB Chain, and Solana — which broadens accessibility and allows users to choose the network that best suits their needs. Third, the minting and redemption process is instant and free of subscription and redemption fees, with no management or performance fees, making it cost-efficient for eligible non-U.S. investors. Fourth, the 24/5 minting and redemption model provides flexibility beyond traditional stock market hours. Fifth, the token operates under a defined regulatory framework, the U.S. Securities Act Regulation S exemption, and involves established service providers such as Alpaca Securities and BitGo. Finally, CRMON is part of a broader suite of Ondo tokenized stock assets, which includes tokenized versions of other major equities and ETFs, suggesting a growing ecosystem of tokenized real-world assets.

What is Salesforce Tokenized Stock (Ondo) used for?

The primary use case for CRMON is to provide tokenized economic exposure to Salesforce, Inc. stock. Non-U.S. retail and institutional investors can use CRMON to gain exposure to CRM's price movements and dividend reinvestment within a blockchain environment. It can be traded on various venues that list the token, with trading pairs including CRMON/USDT and CRMON/USD. The token enables peer-to-peer transactions, allowing users to transfer value directly without intermediaries. It can also be used as a component in diversified crypto portfolios that seek exposure to tokenized equities alongside other digital assets. The instant minting and redemption feature makes CRMON suitable for users who want to move between USDC and tokenized equity exposure quickly. Additionally, CRMON serves as part of the Ondo ecosystem of tokenized stocks, which includes related assets such as SNOWON, GSON, IVVON, IAUON, AAPLON, STRCon, and COINON, allowing users to build diversified portfolios of tokenized traditional assets onchain.

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

The CRMON ecosystem is part of the broader Ondo tokenized stock platform, which has expanded to include multiple tokenized equity and ETF products. As of the available data, CRMON is listed across numerous trading venues and data providers, with 12 to 13 active markets reported by Yahoo Finance. The token has attracted 255 holders, with 98 trailing 30-day active addresses and a monthly transfer count of 731, according to RWA.xyz. Monthly transfer volume is reported at $646,339, indicating a moderate level of onchain activity. The token's market capitalization and total asset value are approximately $1.06 million to $1.15 million. The ecosystem benefits from the involvement of established service providers, including Alpaca Securities, BitGo, and BPM UK Audit Ltd. Ondo has also introduced tokenized versions of other major assets, such as Coinbase Tokenized Stock (COINON) and Strategy Stretch Preferred (STRCon), suggesting ongoing development and expansion of the tokenized stock offering. The platform's focus on non-U.S. investors and its Regulation S exemption framework position it within the growing segment of regulated tokenized securities.

How to mine Salesforce Tokenized Stock (Ondo)?

CRMON is not a mined cryptocurrency. It is a tokenized stock issued by Ondo Global Markets, and its supply is created through a minting process rather than through mining or proof-of-work consensus. Eligible non-U.S. investors can mint CRMON tokens instantly using USDC as the base asset, with zero subscription fees. Similarly, tokens can be redeemed instantly with zero redemption fees. There is no mining mechanism, no staking requirement, and no consensus algorithm associated with the token itself, as it operates as an ERC-20 or token-2022 asset on its respective blockchains. The token supply is managed by the issuer and is backed by the underlying Salesforce shares held through the custody arrangement with Alpaca Securities. Therefore, users do not mine CRMON; they acquire it through minting, purchasing on supported markets, or receiving it via peer-to-peer transfers.

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

Keeping CRMON safe requires standard cryptocurrency security practices combined with awareness of the token's specific characteristics. Since CRMON exists on Ethereum, BNB Chain, and Solana, users should use compatible wallets that support the respective token standards: ERC-20 for Ethereum and BNB Chain, and token-2022 for Solana. Hardware wallets are recommended for holding significant amounts, as they keep private keys offline and reduce exposure to online threats. Users should always verify contract addresses before interacting with any token and avoid sharing private keys or seed phrases with anyone. Because CRMON is a tokenized security, users should also be aware of the regulatory and jurisdictional restrictions, as it is available only to non-U.S. investors under Regulation S. Additionally, users should consider the custody arrangements: the underlying shares are held by Alpaca Securities, while BitGo serves as the crypto custodian, and the issuer is domiciled in the British Virgin Islands. Staying informed about the issuer's announcements and any changes to the token's terms or supported networks is also advisable for long-term security. As with any digital asset, diversifying holdings and not investing more than one can afford to lose are prudent risk management practices.