Netflix Tokenized Stock (Ondo) PriceNFLXON

What is Netflix Tokenized Stock (Ondo) (NFLXON)?

Netflix Tokenized Stock (Ondo) (NFLXON) is a tokenized real-world asset (RWA) that provides tokenholders with economic exposure similar to holding shares of Netflix, Inc. (NASDAQ: NFLX) while reinvesting any dividends. Issued through Ondo Global Markets, NFLXON is backed 1:1 with the underlying Netflix stock, meaning each token represents a proportional claim on the reference asset. The token is designed for non-U.S. retail and institutional users, allowing them 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.

NFLXON operates across multiple blockchain networks, including Ethereum, BNB Smart Chain (BEP20), Solana, and HyperEVM. The token uses integrated Chainlink data oracles to provide real-time market information, and its price tracks the underlying NFLX share value through smart contracts. The total supply is approximately 1.13K tokens, with a fully diluted valuation of around $857.34K. The asset is in an active growth phase, having launched in 2025, and is traded across 22 active markets with a 24-hour trading volume of roughly $2.93M.

Key Specifications & Tokenomics

• Name: Netflix Tokenized Stock (Ondo)
• Ticker / Symbol: NFLXON
• Asset Type: Tokenized real-world asset (RWA) / Tokenized stock
• Underlying Security: Netflix, Inc. (NASDAQ: NFLX)
• Blockchain / Platform: Ethereum, BNB Smart Chain (BEP20), Solana, HyperEVM
• Token Standards: ERC-20 (Ethereum, BNB Chain, HyperEVM), token-2022 (Solana)
• Contract Address (Ethereum): 0x032dec3372f25c41ea8054b4987a7c4832cdb338
• Website: https://app.ondo.finance/assets/nflxon
• Twitter / X: https://twitter.com/ondofinance
• Total Supply: 1.13K NFLXON
• Circulating Supply: 1.13K NFLXON
• FDV (Fully Diluted Valuation): $857.34K
• Holders: 1.18K
• Inception Date: 2025-09-03
• Category: Tokenized Assets, Solana Ecosystem, Tokenized Stock, Real-World Assets (RWA), Stocks, DeFi
• Fees: Management 0%, Performance 0%, Subscription 0%, Redemption 0%
• Regulatory Framework: U.S. Securities Act Reg. S Exemption; SEC
• Domicile: British Virgin Islands

Who created Netflix Tokenized Stock (Ondo)?

NFLXON is issued by Ondo Global Markets, the platform behind the tokenized asset. Ondo Global Markets is described as the world's largest tokenized real-world asset platform, with over $7B in cumulative volume and over $500 million in total value locked. The platform operates through a network of service providers, including Alpaca Securities LLC as custodian and traditional broker, BitGo as crypto custodian, BPM UK Audit Ltd as auditor, and Ondo Stocks as fund administrator. The issuer is Ondo Global Markets, and the transfer agent is Alpaca Securities. Detailed public information about the founding team or individual creators is currently limited.

How does Netflix Tokenized Stock (Ondo) work?

NFLXON functions as a tokenized representation of Netflix shares, backed 1:1 by the underlying asset. When a user acquires NFLXON, they gain economic exposure to Netflix's stock price movements and any dividends, which are reinvested. The token is minted and redeemed instantly using USDC as the base asset, with subscription and redemption times both instant. Ondo tokenized stocks use integrated Chainlink data oracles to provide real-time market information, ensuring the token price tracks the underlying asset through smart contracts.

Trading is available 24 hours a day, five days a week, from Sunday 8:05 PM ET through Friday 7:59 PM ET. Peer-to-peer transfers of NFLXON are available 24/7, including weekends and holidays, allowing users to send tokens globally at any time. The token is deployed across Ethereum, BNB Smart Chain, Solana, and HyperEVM, with token supplies distributed across these networks. This multi-chain architecture enhances accessibility and DeFi composability, enabling tokenized stocks to be used in lending, collateralization, and yield farming activities.

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

NFLXON offers several distinctive features that differentiate it from traditional stock ownership and other crypto assets. First, it provides 24/5 buying and selling with full access to traditional exchange liquidity, meaning non-U.S. users can trade tokenized Netflix shares during extended hours not available on conventional stock exchanges. Second, the token is backed 1:1 with the underlying real-world asset, and holders can sell them for this value, providing a direct link to Netflix's equity performance.

Third, NFLXON is DeFi composable. Unlike traditional real-world assets, which are historically illiquid, tokenized real-world assets can be used across decentralized finance protocols to lend, collateralize, and yield farm. Fourth, the token requires no extra signups and is MetaMask native, allowing users to trade tokenized real-world assets directly on MetaMask Mobile via Swaps. Finally, the asset operates with zero management, performance, subscription, and redemption fees, making it a cost-effective way to gain exposure to Netflix stock outside the United States.

What is Netflix Tokenized Stock (Ondo) used for?

NFLXON is primarily used to gain economic exposure to Netflix, Inc. stock without requiring direct access to U.S. equity markets. Non-U.S. retail and institutional users can mint and redeem the token instantly, 24 hours a day, five days a week, using USDC as the base asset. The token enables peer-to-peer transfers globally at any time, making it a versatile tool for cross-border value transfer.

Beyond simple exposure, NFLXON can be utilized within DeFi ecosystems for lending, collateralization, and yield farming, thanks to its tokenized nature and multi-chain deployment. It also serves as a trading instrument on various market venues, with 22 active markets and a 24-hour trading volume of approximately $2.93M. The token allows users to reinvest dividends automatically, providing a streamlined investment experience compared to traditional brokerage accounts. Its availability on Ethereum, BNB Chain, Solana, and HyperEVM further expands its utility across different blockchain ecosystems.

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

The NFLXON ecosystem is part of Ondo Global Markets, which has established itself as the world's largest tokenized real-world asset platform, with over $7B in cumulative volume and over $500 million in total value locked. The platform supports a growing list of tokenized stocks, including Nvidia, Apple, Alphabet, Microsoft, Amazon, Taiwan Semiconductor, SpaceX, Meta, Broadcom, Tesla, and many others. This expanding roster indicates strong institutional and retail demand for tokenized equity products.

NFLXON is currently trading on 22 active markets, with popular exchange names referenced including Binance, Coinbase, and Kraken. The token has 1.18K holders and has seen 1,409 monthly transfers with a monthly transfer volume of $523,487. The ecosystem benefits from partnerships with established service providers such as Alpaca Securities, BitGo, and BPM UK Audit Ltd. As the RWA sector grows, Ondo's tokenized stocks, including NFLXON, are positioned to capture increasing demand from non-U.S. investors seeking exposure to U.S. equities through blockchain technology.

How to mine Netflix Tokenized Stock (Ondo)?

NFLXON is not mined through traditional proof-of-work or proof-of-stake consensus mechanisms. Instead, it is minted and redeemed through Ondo Global Markets using USDC as the base asset. Users can acquire NFLXON by subscribing through the Ondo platform, where tokens are issued instantly and backed 1:1 by the underlying Netflix shares. Redemption is also instant, allowing holders to convert their tokens back to USDC at any time during trading hours.

There is no mining process, staking requirement, or block reward associated with NFLXON. The token supply is managed through the platform's issuance and redemption mechanisms, with a total supply of approximately 1.13K tokens. Trading is available 24/5, and peer-to-peer transfers are available 24/7. To obtain NFLXON, users must be non-U.S. investors and comply with the platform's eligibility requirements. The token can also be purchased on various trading venues where it is listed, subject to availability and regional restrictions.

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

Keeping NFLXON safe requires adherence to best practices for cryptocurrency and tokenized asset security. Since NFLXON is an ERC-20 and token-2022 asset deployed on Ethereum, BNB Smart Chain, Solana, and HyperEVM, users should store their tokens in compatible wallets that support these networks. Hardware wallets provide the highest level of security by keeping private keys offline, while reputable software wallets offer convenience for frequent trading.

Users should always verify contract addresses before interacting with any token. The official Ethereum contract address is 0x032dec3372f25c41ea8054b4987a7c4832cdb338. Avoiding phishing sites and unofficial links is critical, as is enabling two-factor authentication on any platform accounts. Because NFLXON is a tokenized real-world asset, holders should also be aware of the regulatory framework, which includes the U.S. Securities Act Reg. S Exemption and the jurisdiction of the British Virgin Islands for dispute resolution. Additionally, users should understand that the product is not issued, sponsored, endorsed, or affiliated with Netflix, and the company name is used solely to identify the underlying reference asset. Diversifying holdings and staying informed about market volatility, estimated at 0.45%, can further help manage risk.