Ondas Holdings Tokenized Stock (Ondo) PriceONDSON

What is Ondas Holdings Tokenized Stock (Ondo) (ONDSON)?

ONDSON is the Ondo Tokenized version of Ondas Holdings Inc, a tokenized real-world asset that provides holders with economic exposure similar to holding ONDS shares on the Nasdaq. Issued through Ondo Finance's Global Markets platform, each ONDSON token is backed 1:1 by the underlying equity of Ondas Holdings Inc, meaning one token equals 1.00 ONDS. The token is designed to give non-US retail and institutional users around the world the ability to instantly mint and redeem tokenized US stocks and ETFs, 24 hours a day, five days a week, with full access to traditional exchange liquidity.

The token operates primarily on the Ethereum network as an ERC20 asset, with additional support on BNB Chain as a BEP20 token and on Solana using the token-2022 standard. It uses integrated Chainlink data oracles to provide real-time market information. ONDSON is classified under Equities, Real World Assets (RWA), and Tokenized Stock categories. The token has no maximum supply, and circulating supply figures vary across data sources, generally ranging between approximately 32,000 and 46,000 tokens. The product is issued by Ondo Global Markets, domiciled in the British Virgin Islands, and operates under the US Securities Act Regulation S exemption.

Key Specifications & Tokenomics

• Name: Ondas Holdings Tokenized Stock (Ondo)
• Ticker / Symbol: ONDSON
• Alternative Ticker Variants: ONDSon, ONDS.ON
• CoinMarketCap ID: 39312
• Issuer: Ondo Global Markets
• Underlying Asset: Ondas Holdings Inc (NASDAQ: ONDS)
• Shares per Token: 1 ONDSON = 1.00 ONDS
• Category: Equities / Real World Assets (RWA) / Tokenized Stock
• Blockchain: Ethereum, BNB Chain, Solana
• Token Standard: ERC20, BEP20, token-2022
• Decimal Places: 18
• Ethereum Contract: 0x818234860a647d480b9bbcc9a47a23889f2ec900
• BNB Chain Contract: 0xd85d4ce29b4ca361ff72ef0e53d6236e334c5db6
• Max Supply: Unlimited
• Management Fees: 0%
• Performance Fees: 0%
• Subscription Fees: 0%
• Redemption Fees: 0%
• Regulatory Framework: US Securities Act Reg. S Exemption
• Domicile: British Virgin Islands
• Official Platform: app.ondo.finance

Who created Ondas Holdings Tokenized Stock (Ondo)?

ONDSON is issued by Ondo Global Markets, the tokenization arm of Ondo Finance. Ondo Global Markets is described as the world's largest tokenized real-world asset platform, with over $7 billion in cumulative volume and over $500 million in total value locked. The platform provides the infrastructure for tokenizing traditional financial assets and bringing them on-chain. The underlying asset, Ondas Holdings Inc, is a publicly traded company listed on the Nasdaq under the ticker ONDS. The tokenization structure involves several service providers, including Alpaca Securities LLC as custodian and traditional broker, BitGo as crypto custodian, and BPM UK Audit Ltd as auditor. Detailed public information about the specific founding team behind the Ondo tokenized stock product line is currently limited.

How does Ondas Holdings Tokenized Stock (Ondo) work?

ONDSON functions as a tokenized representation of Ondas Holdings Inc equity. When an eligible non-US investor purchases ONDSON through the Ondo platform, the corresponding underlying ONDS shares are held by a custodian, creating a 1:1 backing between the token and the real-world asset. The token uses smart contracts on Ethereum, BNB Chain, or Solana to track the price of the underlying stock, with Chainlink data oracles providing real-time market information to the contract.

Buying and selling of ONDSON is generally available 24 hours a day, five days a week, from Sunday evening through Friday evening New York time. Peer-to-peer transfers, however, are available 24/7, including weekends and holidays. The token is composable with decentralized finance infrastructure, meaning it can potentially be used across DeFi protocols for lending, collateralization, and yield farming, unlike traditional stocks which are historically illiquid and restricted to traditional exchange hours. Subscription and redemption are instant, with USDC as the base asset for primary market operations.

What makes Ondas Holdings Tokenized Stock (Ondo) unique and valuable?

ONDSON offers several distinctive features that differentiate it from both traditional stock ownership and other crypto assets. First, it provides 24/5 trading access to a US equity for non-US investors, breaking down the geographical and time-zone barriers that traditionally restrict access to US stock markets. Second, the token is backed 1:1 by the underlying equity, with zero management, performance, subscription, or redemption fees, making it a cost-efficient way to gain exposure to Ondas Holdings.

Third, ONDSON is DeFi composable, meaning it can be integrated into decentralized finance protocols for lending, collateralization, and yield generation, unlocking utility that traditional stocks cannot offer. Fourth, transfers are available 24/7 globally, enabling peer-to-peer movement of value at any time. Finally, the token operates under a regulated framework with the US Securities Act Regulation S exemption, providing a level of regulatory clarity for eligible non-US investors. The combination of real-world asset backing, blockchain accessibility, and DeFi compatibility makes ONDSON a bridge between traditional equity markets and the emerging tokenized asset economy.

What is Ondas Holdings Tokenized Stock (Ondo) used for?

ONDSON is primarily used to gain economic exposure to the equity performance of Ondas Holdings Inc without requiring direct access to US stock exchanges. Eligible non-US investors can mint and redeem the token instantly using USDC, providing a streamlined pathway to own a tokenized version of a Nasdaq-listed stock. The token can be transferred peer-to-peer globally at any time, making it useful for cross-border value transfer and settlement.

Additionally, ONDSON can be used within decentralized finance ecosystems. Holders may potentially lend their tokens, use them as collateral for borrowing, or deploy them in yield farming strategies, depending on the DeFi protocols that support the asset. The token also serves as a dividend-bearing instrument, as holders receive economic exposure similar to holding ONDS and reinvesting any dividends. It can be converted to and from various fiat currencies including USD, EUR, GBP, AUD, and others through supported platforms, and can be swapped for ETH or other crypto assets on compatible wallets and exchanges.

How Is the Ondas Holdings Tokenized Stock (Ondo) ecosystem developing?

The ONDSON ecosystem is part of Ondo Finance's broader tokenized real-world asset platform, which includes a wide range of tokenized stocks and ETFs such as Alphabet Class A, Tesla, AMD, SPDR S&P 500 ETF, Invesco QQQ, iShares Silver Trust, and Circle Internet Group, among others. This growing suite of tokenized assets demonstrates Ondo's strategy to bring diverse traditional financial instruments on-chain.

As of September 2026, ONDSON had 417 holders, with a monthly transfer volume of approximately $555,348 and 711 monthly transfers. The token is supported on multiple blockchain networks including Ethereum, BNB Chain, and Solana, with token supply distributed across these networks. The asset is tracked by major market data platforms including CoinGecko, CoinMarketCap, CoinDesk, and RWA.xyz, and is available through wallets such as MetaMask. Trading venues for ONDSON include LBank and MEXC, and the token is listed across multiple price tracking and conversion platforms. The ecosystem continues to develop as part of the broader trend of real-world asset tokenization in the cryptocurrency industry.

How to mine Ondas Holdings Tokenized Stock (Ondo)?

ONDSON cannot be mined because it is not a proof-of-work cryptocurrency. Instead, it is a tokenized real-world asset issued by Ondo Global Markets, backed 1:1 by the underlying Ondas Holdings Inc equity. New tokens are created through a minting process on the Ondo platform rather than through computational mining.

Eligible non-US investors can acquire ONDSON by subscribing through the Ondo platform using USDC as the base asset. The subscription process is instant, with no subscription fees. Redemption is also instant and fee-free, allowing holders to convert their tokens back to USDC. There is no staking mechanism native to ONDSON, as the token represents a direct economic claim on the underlying equity rather than a network participation asset. Holders may, however, find opportunities to deploy ONDSON in DeFi protocols for lending or yield farming, depending on third-party platform support. The absence of mining and staking reflects the token's nature as a tokenized financial instrument rather than a native blockchain protocol asset.

How to keep your Ondas Holdings Tokenized Stock (Ondo) safe?

Securing ONDSON requires the same best practices as safeguarding any Ethereum-based or multi-chain token. Since ONDSON is available on Ethereum, BNB Chain, and Solana, users should ensure they are interacting with the correct contract address for the network they are using. The official Ethereum contract is 0x818234860a647d480b9bbcc9a47a23889f2ec900, and the BNB Chain contract is 0xd85d4ce29b4ca361ff72ef0e53d6236e334c5db6. Always verify contract addresses before making transactions.

Store ONDSON in a reputable self-custody wallet that supports the relevant blockchain networks, such as MetaMask for Ethereum and BNB Chain. Enable all available security features, including strong passwords, two-factor authentication where applicable, and hardware wallet integration for large holdings. Never share private keys or seed phrases with anyone. Be cautious of phishing attempts, fake tokens, and fraudulent platforms claiming to offer ONDSON-related services. Since ONDSON transfers are available 24/7, transactions are irreversible, so double-check all recipient addresses before sending. Regularly update wallet software and be aware of the regulatory environment in your jurisdiction, as ONDSON is available only to eligible non-US investors under the Regulation S exemption. For long-term storage, consider using a hardware wallet that supports ERC20, BEP20, or Solana tokens.