McDonald's Tokenized Stock (Ondo) PriceMCDON

What is McDonald's Tokenized Stock (Ondo) (MCDON)?

McDonald's Tokenized Stock (Ondo) (MCDON) is a tokenized real-world asset (RWA) that provides tokenholders with economic exposure similar to holding McDonald's Corporation (MCD) stock, including reinvestment of any dividends. Issued by Ondo Global Markets, MCDON is part of a broader platform that enables non-US retail and institutional users to instantly mint and redeem tokenized US stocks and ETFs, 24 hours a day, five days a week, with access to traditional exchange liquidity. The token is native to Ethereum and is also issued on BNB Chain and Solana, using ERC-20 and token-2022 standards respectively. As of September 18, 2026, the total token supply across networks was approximately 9,564 units, with Ethereum holding the majority at 9,167.52, followed by BNB Chain at 379.29 and Solana at 17.57. The asset class is categorized as Stocks within the Real-World Asset sector, targeting eligible non-US investors.

Key Specifications & Tokenomics

• Name: McDonald's Tokenized Stock (Ondo)
• Ticker: MCDON / MCDon
• Asset Class: Stocks (tokenized stock / Real-World Asset)
• Underlying Security: McDonald's Corporation (MCD)
• Blockchain / Platform: Ethereum (native), BNB Chain, Solana
• Token Standards: ERC-20 (Ethereum, BNB Chain), token-2022 (Solana)
• Issuer: Ondo Global Markets
• Offered by: Ondo
• Domicile: British Virgin Islands
• Regulatory Framework: U.S. Securities Act Reg. S Exemption; SEC
• Inception Date: 07/31/2025
• Total Supply: Approximately 9,564.37 (RWA.xyz, as of 09/18/2026)
• Circulating Supply: Approximately 9,564.37 (RWA.xyz)
• Maximum Supply: Unlimited (CryptoRank)
• Management Fees: 0%
• Performance Fees: 0%
• Subscription Fees: 0%
• Redemption Fees: 0%
• Primary Market Base Asset: USDC
• Subscription / Redemption Time: Instant
• Eligible Investors: Non-U.S. Investor
• Custodian / Legal Identifier: Alpaca Securities LLC (0001702580)
• Crypto Custodian: BitGo
• Auditor: BPM UK Audit Ltd
• Official Website: https://app.ondo.finance/assets/mcdon
• Twitter / X: https://twitter.com/ondofinance

Who created McDonald's Tokenized Stock (Ondo)?

McDonald's Tokenized Stock (Ondo) is issued by Ondo Global Markets, the platform behind the tokenized asset. The product is offered through Ondo, a platform focused on bringing traditional financial assets on-chain. The custodian and legal identifier is Alpaca Securities LLC, with BitGo acting as crypto custodian, BPM UK Audit Ltd serving as auditor, and Alpaca Securities also acting as transfer agent. The fund administrator is Ondo Stocks. Detailed public information about individual founders or team members behind the specific MCDON token is currently limited in available references.

How does McDonald's Tokenized Stock (Ondo) work?

MCDON operates as a distributed tokenization product. Eligible non-US investors can mint tokens instantly using USDC as the base asset, with zero subscription fees, and redeem them instantly with zero redemption fees. The token provides economic exposure similar to holding McDonald's Corporation stock and reinvesting any dividends. The token is native to multiple networks: Ethereum (ERC-20), BNB Chain (ERC-20), and Solana (token-2022). Ondo's infrastructure enables 24/5 access to traditional exchange liquidity, meaning users can interact with the token during market hours five days a week. The product falls under the U.S. Securities Act Reg. S Exemption, allowing access for non-US investors only, with additional restrictions applying. The tokenization type is distributed, with third-party sponsorship and native network type.

What makes McDonald's Tokenized Stock (Ondo) unique and valuable?

MCDON offers several distinctive features. First, it provides exposure to McDonald's Corporation, a globally recognized brand, in tokenized form, allowing non-US investors to access US equity exposure on-chain. Second, the product charges zero management, performance, subscription, and redemption fees, making it cost-efficient for eligible users. Third, instant minting and redemption with USDC provide liquidity and flexibility. Fourth, the multi-chain presence across Ethereum, BNB Chain, and Solana enhances accessibility and interoperability within the broader DeFi ecosystem. Fifth, the token is part of Ondo's expanding suite of tokenized assets, which includes SPYon, QQQon, NVDAon, and others, positioning it within a growing RWA ecosystem. The regulatory framework under Reg. S and the involvement of established service providers like Alpaca Securities and BitGo add a layer of institutional credibility.

What is McDonald's Tokenized Stock (Ondo) used for?

MCDON is primarily used to gain economic exposure to McDonald's Corporation stock without directly holding the underlying equity. Eligible non-US investors can use it to diversify their portfolios with tokenized US equities, potentially benefiting from dividends reinvested into the token's value. The token can be minted and redeemed instantly using USDC, making it useful for on-chain liquidity and trading strategies. It is also tradable on various platforms and supports multiple conversion pairs, including USD, INR, AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW. Additionally, as part of Ondo's ecosystem, MCDON may serve as collateral or be integrated into future DeFi applications, although it was not included in the initial rollout of Ondo's perpetual futures collateral feature.

How Is the McDonald's Tokenized Stock (Ondo) ecosystem developing?

The Ondo tokenized stock ecosystem is expanding, with related assets such as SPYon, QQQon, NVDAon, CRCLon, TSLAX, and SLVon referenced in materials. On July 21, 2026, Ondo announced that users could use tokenized stocks SPYon and QQQon as collateral on its perpetual futures platform, though MCDon was not part of the initial rollout. This exclusion led to relative underperformance for MCDON around that time, as noted in a July 22, 2026 analysis. The ecosystem also includes tokens like ONDO, LINK, WLFI, and others listed alongside Ondo assets. As of September 18, 2026, RWA.xyz reported 1,914 holders (up 418.70% from 30 days prior), 2,146 active addresses, and a monthly transfer volume of $15.82 million (up 6,995.23% from 30 days prior), indicating growing adoption and activity within the ecosystem.

How to mine McDonald's Tokenized Stock (Ondo)?

MCDON is not mined through traditional proof-of-work or proof-of-stake mechanisms. Instead, it is minted and redeemed through Ondo's platform by eligible non-US investors using USDC as the base asset. The process is instant, with zero subscription and redemption fees. There is no mining or staking mechanism associated with this tokenized stock. Users who wish to acquire MCDON can do so by minting it directly on the platform or by purchasing it on supported trading markets. The token supply is not capped, and there is no emission schedule or yield farming associated with it. Holding MCDON does not generate staking rewards; its value is tied to the underlying McDonald's stock performance and dividend reinvestment.

How to keep your McDonald's Tokenized Stock (Ondo) Coin safe?

To keep MCDON safe, use a reputable self-custody wallet that supports ERC-20 tokens on Ethereum, BNB Chain, or token-2022 on Solana. Since MCDON is a tokenized real-world asset, it is important to store it in a wallet where you control the private keys. Avoid sharing your private keys or seed phrases with anyone. Consider using hardware wallets for enhanced security, especially for significant holdings. Verify the official contract address before interacting with any token, and be cautious of phishing sites or fake tokens. Since the token is issued by Ondo Global Markets and custodied by BitGo, ensure you are interacting with the official Ondo platform for minting and redemption. Additional restrictions apply, and only non-US investors are eligible, so comply with all applicable regulations. Always double-check URLs and smart contract addresses before approving transactions.