NVIDIA Tokenized Stock (Ondo) PriceNVDAON

What is NVIDIA Tokenized Stock (Ondo) (NVDAON)?

NVIDIA Tokenized Stock (Ondo) (NVDAON) is a blockchain-based tokenized equity product issued by Ondo Finance through Ondo Global Markets (BVI) Limited. It provides economic exposure to the price of NVIDIA Corporation's stock (NASDAQ: NVDA), allowing eligible non-U.S. investors to access U.S. equities through crypto infrastructure. Each token is backed 1:1 by an actual NVIDIA share held in custody by a regulated U.S. broker-dealer, with cash in transit ensuring liquidity for redemptions.

The token was first issued on July 31, 2025, and is natively deployed on Ethereum as an ERC-20 asset, with expansions to BNB Chain, Solana, and HyperEVM. NVDAON is designed for non-U.S. retail and institutional users who can mint, redeem, and trade it 24 hours a day, five days a week. With a circulating supply of approximately 168,000 to 170,000 tokens across networks, NVDAON represents a regulated financial instrument that digitizes ownership of a leading AI company's stock, making it borderless, faster to settle, and interoperable with decentralized applications.

Key Specifications & Tokenomics

• Name: NVIDIA Tokenized Stock (Ondo)
• Ticker / Symbol: NVDAON (styled by Ondo as NVDAon)
• Issuer: Ondo Finance / Ondo Global Markets (BVI) Limited
• Platform / Tokenizer: Ondo
• Blockchain(s): Ethereum (native), BNB Chain, Solana, HyperEVM
• Token Standard: ERC-20 (Ethereum, BNB Chain, HyperEVM); token-2022 (Solana)
• Underlying Security: NVIDIA Corp (NASDAQ: NVDA)
• Asset Class: Stocks (tokenized equity)
• Domicile: British Virgin Islands
• Regulatory Framework: U.S. Securities Act Reg. S Exemption; SEC
• Inception Date: 07/31/2025
• Circulating Supply: Approximately 168,000 – 170,000 NVDAON
• Supply by Network: Ethereum 79,348.37; BNB Chain 72,299.64; Solana 16,556.76; HyperEVM 3.91
• Management Fees: 0%
• Performance Fees: 0%
• Subscription Fees: 0%
• Redemption Fees: 0%
• Eligible Investors: Non-U.S. Investor
• Base Assets: USDC
• Subscription / Redemption Time: Instant

Who created NVIDIA Tokenized Stock (Ondo)?

NVDAON is issued by Ondo Global Markets (BVI) Limited, a subsidiary of Ondo Finance. Ondo Finance is a decentralized finance protocol founded in 2022 and based in the Cayman Islands, specializing in real-world asset tokenization. The platform bridges traditional finance and DeFi by offering tokenized versions of U.S. Treasuries, ETFs, and stocks, backed 1:1 by underlying assets held by regulated custodians and broker-dealers. Governance of the Ondo platform is driven by the ONDO token through the Ondo DAO. The tokenized stock product is structured through a regulated bankruptcy-remote special purpose vehicle separate from the Ondo Finance tokenizer.

How does NVIDIA Tokenized Stock (Ondo) work?

NVDAON operates by holding actual NVIDIA shares in custody with a U.S.-registered broker-dealer. For every token minted, one NVIDIA share is held in reserve, with cash in transit ensuring liquidity for redemptions. Price data and corporate actions such as dividends are brought on-chain via oracle providers like Chainlink, ensuring the token's value remains pegged to the real-world asset. The token is described as a BVI SPV-issued structured note token providing total-return economic exposure to NVIDIA common stock, collateralized by NVIDIA shares and cash held through a regulated U.S. custodial broker-dealer.

Eligible non-U.S. investors can mint and redeem tokens instantly using USDC, 24 hours a day, five days a week, with full access to traditional exchange liquidity. Tokenized stocks settle on blockchain rails, offering fractional ownership, 24/7 transferability, and composability with DeFi services. The token exists on Ethereum natively, with expansions to BNB Chain, Solana, and HyperEVM.

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

NVDAON bridges traditional finance and blockchain by solving the problem of inaccessible U.S. equity markets for international investors who face hurdles with foreign brokerage accounts, currency conversion, and settlement delays. By tokenizing NVIDIA stock, Ondo provides a compliant, on-chain representation that tracks the share price, offering economic exposure similar to direct ownership but without the traditional operational friction. This opens the $68 trillion equities market to the crypto ecosystem.

The token is fully backed by actual securities held at U.S.-registered broker-dealers, ensuring that each token represents real underlying value. It offers dividend reinvestment, meaning tokenholders receive economic benefits equivalent to owning NVIDIA shares. As an ERC-20 token, it can be held in crypto wallets, traded peer-to-peer, and used as collateral within DeFi protocols. The zero management, performance, subscription, and redemption fees further enhance its appeal for global investors seeking efficient exposure to NVIDIA.

What is NVIDIA Tokenized Stock (Ondo) used for?

NVDAON is used primarily to gain economic exposure to NVIDIA Corporation's stock price without requiring a traditional brokerage account. Holders can trade it 24/7 on supported platforms, use it as collateral to borrow funds in DeFi money markets such as Primex, and participate in leveraged perpetual futures. Its utility transforms a traditional stock into a productive, yield-generating on-chain asset, moving beyond passive investment.

Beyond simple holding, NVDAON is composable within the crypto ecosystem. It can be integrated into decentralized applications, used in peer-to-peer transactions, and held in crypto wallets. The token enables non-U.S. retail and institutional users around the world to instantly mint and redeem tokenized U.S. stocks, operating 24 hours a day, five days a week with full access to traditional exchange liquidity. This makes it a versatile tool for portfolio diversification and DeFi participation.

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

The NVDAON ecosystem is expanding across multiple blockchain networks and trading venues. It is natively deployed on Ethereum, with expansions to BNB Chain, Solana, and HyperEVM. The token is available on platforms including Binance Alpha, Binance, Coinbase, Kraken, MEXC, and various data aggregators such as CoinGecko, TradingView, and Yahoo Finance. As of recent data, NVDAON has 58,353 holders, representing a 64.16% increase from 30 days prior, with 15,128 active addresses in the trailing 30 days.

Monthly transfer volume stands at approximately $47.04 million, with 235,415 monthly transfers. The total asset value is approximately $36.33 million. Ondo Global Markets has unlocked over 100 tokenized U.S. stocks on Ethereum, demonstrating the platform's commitment to expanding its tokenized equity offerings. The ecosystem continues to develop through integrations with DeFi protocols and increased accessibility across trading platforms.

How to mine NVIDIA Tokenized Stock (Ondo)?

NVDAON is not mined through traditional proof-of-work or proof-of-stake mechanisms. Instead, it is minted by eligible non-U.S. investors through Ondo's platform using USDC as the base asset. The minting process is instant, allowing users to acquire tokens directly backed by NVIDIA shares held in custody. Redemption is also instant, enabling tokenholders to convert their NVDAON back to USDC.

There is no mining or staking mechanism associated with NVDAON. The token's value is derived from the underlying NVIDIA stock price and corporate actions such as dividends, which are brought on-chain via oracle providers. Tokenholders benefit from dividend reinvestment, providing economic exposure similar to holding NVDA and reinvesting any dividends. The absence of management, performance, subscription, and redemption fees makes minting and redeeming accessible for eligible investors.

How to keep your NVIDIA Tokenized Stock (Ondo) safe?

NVDAON is an ERC-20 token on Ethereum and BNB Chain, and a token-2022 asset on Solana, meaning it can be stored in compatible crypto wallets that support these standards. Users should ensure they use reputable wallets with strong security features, such as hardware wallets for long-term storage, and enable two-factor authentication where available. Since the token is backed by actual NVIDIA shares held by a regulated U.S. broker-dealer and crypto custodian BitGo, the underlying asset security is managed by institutional custodians.

However, tokenholders are responsible for securing their private keys and wallet access. Best practices include avoiding sharing private keys or seed phrases, using hardware wallets for significant holdings, verifying contract addresses before interacting with DeFi protocols, and being cautious of phishing attempts. The token is issued through a regulated bankruptcy-remote special purpose vehicle, providing additional structural protection. Users should also be aware that eligibility is restricted to non-U.S. investors and additional restrictions may apply.