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View ChartCisco Systems Tokenized Stock (Ondo) (CSCOON) is a tokenized real-world asset (RWA) that provides tokenholders with economic exposure similar to holding Cisco Systems, Inc. common stock while reinvesting any dividends. Issued by Ondo Global Markets and built on the Ondo platform, CSCOON is part of a broader effort to bridge traditional capital markets with the crypto ecosystem. The token enables non-U.S. 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. CSCOON is deployed natively on Ethereum, BNB Chain, and Solana, using ERC-20 and token-2022 standards. The token has an inception date of July 31, 2025, with market data starting September 3, 2025. Its circulating supply is approximately 25,139 tokens, distributed primarily on Ethereum, with smaller amounts on BNB Chain and Solana. The asset is categorized as a stock for non-U.S. investors and carries zero management, performance, subscription, and redemption fees.
CSCOON is issued by Ondo Global Markets, the issuer entity behind the Ondo tokenized stocks platform. The asset is domiciled in the British Virgin Islands and operates under a U.S. Securities Act Regulation S exemption, meaning it is designed for non-U.S. investors. The tokenization structure is described as a Distributed Tokenization Sponsorship Third-Party arrangement. Service providers supporting the asset include Alpaca Securities LLC as custodian and transfer agent, BitGo as crypto custodian, Ondo Stocks as fund administrator, and BPM UK Audit Ltd as auditor. Detailed public information about the specific founding team or individual creators behind the Ondo platform is currently limited in the available materials.
CSCOON functions as a tokenized representation of economic exposure to Cisco Systems, Inc. common stock. Eligible non-U.S. investors can mint CSCOON by depositing USDC as the base asset, with subscription and redemption processed instantly. The token is issued across three native blockchain networks: Ethereum and BNB Chain using the ERC-20 standard, and Solana using the token-2022 standard. This multi-chain deployment allows users to hold and transfer the tokenized stock across different ecosystems. The underlying asset is custodied by Alpaca Securities LLC, while BitGo provides crypto custody services. The token operates under a Regulation S exemption, restricting access to non-U.S. investors. Ondo tokenized stocks are designed to provide full access to traditional exchange liquidity, with minting and redemption available 24 hours a day, five days a week. The token also reinvests any dividends, offering economic exposure similar to holding the underlying stock directly.
CSCOON's primary value proposition lies in its ability to bridge traditional capital markets and the crypto ecosystem. By tokenizing a well-known U.S. equity like Cisco Systems, the asset provides non-U.S. investors with streamlined access to a major technology stock through blockchain networks. The multi-chain deployment on Ethereum, BNB Chain, and Solana enhances accessibility and flexibility for tokenholders. Zero management, performance, subscription, and redemption fees make the token cost-efficient compared to traditional investment vehicles. The instant minting and redemption feature, combined with 24/5 availability, offers liquidity and convenience that traditional stock trading may not provide. Furthermore, the asset is part of the broader Ondo Global Markets platform, which has noted that the total tokenized stock market has nearly doubled to $3 billion in 90 days, indicating growing adoption and utility for such assets. The involvement of established service providers like Alpaca Securities and BitGo adds a layer of institutional credibility to the structure.
CSCOON is primarily used to gain economic exposure to Cisco Systems, Inc. common stock without directly holding the traditional equity. Tokenholders can benefit from potential price appreciation of the underlying stock and any dividends, which are reinvested. The token is designed for non-U.S. retail and institutional users seeking to diversify their portfolios with tokenized real-world assets. It can be traded on various platforms, providing liquidity and price discovery. The token also serves as a tool for portfolio rebalancing and capital rotation into the tokenized RWA sector. Additionally, CSCOON can be used within the broader Ondo ecosystem and across supported blockchain networks for transfers, swaps, and other decentralized finance activities, subject to platform and regulatory restrictions.
The ecosystem for CSCOON is part of the expanding Ondo tokenized stocks platform, which includes related assets such as Apple Tokenized Stock (Ondo), Lockheed Tokenized Stock (Ondo), General Electric Tokenized Stock (Ondo), Chevron Tokenized Stock (Ondo), SPDR S&P 500 (Ondo), and Invesco QQQ (Ondo Tokenized). The token is listed on multiple trading venues and platforms, with trading on 23 active markets. Ecosystem activity includes growing interest in tokenized equities, as evidenced by reports of surging trading volumes and adoption. Ondo has noted that the total tokenized stock market has nearly doubled to $3 billion in 90 days. Platforms enabling memecoin/stock pairs and new tokenized equity listings have increased overall utility and visibility for such assets. The token is available on various wallets and exchanges, including Trust Wallet, MetaMask, Coinbase, Bybit, Gate.io, BingX, and Kraken, among others. On-chain activity shows 260 holders, with a monthly transfer count of 203 and a monthly transfer volume of $191,623.
CSCOON is not a mined cryptocurrency and does not use a proof-of-work or proof-of-stake consensus mechanism. Instead, it is a tokenized real-world asset issued by Ondo Global Markets. Tokens are created through a minting process where eligible non-U.S. investors deposit USDC as the base asset. The subscription and redemption processes are instant, allowing users to mint or redeem tokens directly through the Ondo platform. There is no mining or staking mechanism associated with CSCOON. The token's supply is managed by the issuer and is backed by the underlying Cisco Systems common stock held in custody. As such, traditional mining or staking participation is not applicable to this asset.
Keeping CSCOON safe involves standard cryptocurrency security practices. Since the token is deployed on Ethereum, BNB Chain, and Solana, users should store their tokens in compatible wallets that support the respective token standards, such as ERC-20 and token-2022. Hardware wallets provide an extra layer of security by keeping private keys offline. Users should ensure they use official and reputable platforms for minting, redeeming, and trading CSCOON. Enabling two-factor authentication and using strong, unique passwords for exchange accounts are essential. It is also important to verify contract addresses before interacting with any token, as fraudulent tokens may exist. Given that CSCOON is a regulated tokenized asset under a Regulation S exemption, investors should be aware of the restrictions and ensure they are eligible non-U.S. investors. Consulting qualified legal, tax, or investment professionals is advisable to understand the specific risks and compliance requirements associated with holding tokenized stocks.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for CSCOON 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 Cisco Systems Tokenized Stock (Ondo) (CSCOON) is $113.62. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated CSCOON to USD rate at the top of BTCC’s price page. In terms of market scope, Cisco Systems Tokenized Stock (Ondo) records a 24h trading volume of $1.44M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $2.85M. Its current circulating supply stands at 25.12K out of a maximum supply cap of ∞.
The price volatility of Cisco Systems Tokenized Stock (Ondo) (CSCOON) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (25.12K) 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, Cisco Systems Tokenized Stock (Ondo) (CSCOON) hit an all-time high (ATH) of $132.53 on 2026-06-04 00:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $66.14 on 2025-09-12 16:50. 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 CSCOON 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 ($1.44M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s CSCOONUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Cisco Systems Tokenized Stock (Ondo), simply log into your BTCC account with USDT margin available, navigate to the CSCOONUSDT 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 CSCOONUSDT 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: $113.62), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for CSCOONUSDT with zero financial risk.
Trading Cisco Systems Tokenized Stock (Ondo) (CSCOON) 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 CSCOONUSDT, and review its live price ($113.62) 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.
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