Southern Copper Tokenized Stock (Ondo) PriceSCCOON

What is Southern Copper Tokenized Stock (Ondo) (SCCOON)?

Southern Copper Tokenized Stock (Ondo) (SCCOON) is a tokenized equity product issued by Ondo Finance that provides tokenholders with economic exposure similar to holding Southern Copper Corporation (SCCO) common stock, including the reinvestment of any dividends. The token is designed for non-US retail and institutional users around the world who seek exposure to copper mining and metals production equity without directly accessing traditional brokerage infrastructure. SCCOON is built primarily on Ethereum as an ERC-20 token, with additional deployments on BNB Smart Chain and Solana. The token maintains price synchronization with the traditional Southern Copper stock and is positioned as offering 24/7 access to tokenized equities through Ondo's platform. The underlying asset, Southern Copper Corporation, has been listed on the New York Stock Exchange since 1996 and is also traded on the Lima Stock Exchange. Supply figures for SCCOON vary across data sources and over time, reflecting ongoing mint and burn activity as well as multiplier scaling, with circulating supply reported in ranges between approximately 78 and 99 tokens on various tracking platforms.

Key Specifications & Tokenomics

• Name: Southern Copper Tokenized Stock (Ondo)
• Symbol / Ticker: SCCOON
• On-chain Token Symbol: SCCOon
• Asset Class: Tokenized stock / tokenized equity (real-world asset, RWA)
• Underlying Asset: Southern Copper Corporation common stock (SCCO)
• Issuer: Ondo Finance
• Blockchain: Ethereum (ERC-20), with deployments on BNB Smart Chain and Solana
• Token Standard: ERC-20
• Contract Type: BeaconProxy (proxy contract)
• Compiler Version: v0.8.16+commit.07a7930e
• Optimization: Enabled, 200 runs
• EVM Version: london
• Decimals: 18
• Ethereum Contract Address: 0xdA81DA76070a7377eAEEB2978F0E13C5d57FaDb7
• BNB Smart Chain Contract Address: 0xF15B8f7465b92799F6EE440F86B3CAB5A4dbc65A
• Solana Token Address: EANjzFjj3nPXHdzN5CE3Z8LLVn69Ce77FE8X4cvondo
• Max Total Supply (Etherscan): 52.018088451531950005 SCCOon
• Circulating Supply (Etherscan): 94.00 SCCOon
• CoinMarketCap ID: 39760

Who created Southern Copper Tokenized Stock (Ondo)?

SCCOON is issued by Ondo Finance, the entity behind the Ondo tokenized asset platform. Ondo Finance operates the official application at app.ondo.finance and maintains the real-world asset infrastructure that supports SCCOON's minting, redemption, and price synchronization. The underlying asset, Southern Copper Corporation, is a long-established mining company listed on the NYSE since 1996. Detailed public information about the specific individuals or development team responsible for the SCCOON smart contract deployment is currently limited. The token was launched as part of Ondo's broader expansion into tokenizing copper mining and metals production equities, a category that also includes related products such as the Global X Copper Miners Tokenized ETF (COPXon). Ondo Finance maintains an active presence on social platforms including Twitter/X, Telegram, and GitHub, where updates about its tokenized asset offerings are published.

How does Southern Copper Tokenized Stock (Ondo) work?

SCCOON operates as a tokenized representation of Southern Copper Corporation stock on the Ethereum blockchain, using the ERC-20 standard. The contract is deployed as a BeaconProxy, a proxy pattern that allows the implementation logic to be upgraded through a beacon contract while preserving the token's state and address. This architecture supports upgrade events including AdminChanged, BeaconUpgraded, and Upgraded, as defined in the contract ABI. The token also employs a UI Multiplier mechanism, where displayed token amounts are scaled by an active multiplier based on the UIMultiplierUpdated event. Ondo's infrastructure enables instant minting and redemption of tokenized U.S. stocks and ETFs, 24 hours a day, five days a week, with full access to traditional exchange liquidity. SCCOON maintains price synchronization with the traditional Southern Copper stock, and live price and chart data are available through Ondo's application. The token provides economic exposure similar to holding SCCO and reinvesting any dividends, and it can be used as collateral for leveraged trades through Ondo's perps collateral expansion.

What makes Southern Copper Tokenized Stock (Ondo) unique and valuable?

SCCOON's primary distinction lies in its combination of traditional equity exposure with blockchain-based accessibility. By tokenizing Southern Copper stock, Ondo Finance enables non-US retail and institutional users to gain exposure to a major copper mining company without the friction of traditional brokerage accounts. The token offers 24/7 access to tokenized equities and maintains price synchronization with the underlying stock, providing a familiar price reference for investors. The ability to instantly mint and redeem tokens with access to traditional exchange liquidity is a notable feature that bridges decentralized and traditional finance. Additionally, SCCOON's usability as collateral for leveraged trades allows holders to maintain equity exposure while accessing additional trading strategies. The product is part of Ondo's broader real-world asset ecosystem, which includes tokenized ETFs and other equity products, positioning SCCOON within a growing category of institutional-grade tokenized assets. The underlying Southern Copper Corporation itself is a significant player in the copper mining sector, and demand for copper-related exposure is driven by global infrastructure and electrification trends.

What is Southern Copper Tokenized Stock (Ondo) used for?

SCCOON serves several primary functions within the Ondo ecosystem and broader DeFi landscape. Its core utility is providing economic exposure similar to holding Southern Copper Corporation stock and reinvesting any dividends, giving tokenholders a way to participate in the price movements of the underlying equity. The token can be used as collateral for leveraged trades through Ondo's perps collateral expansion, allowing traders to access leverage without selling their equity exposure first. SCCOON is also used for portfolio diversification by investors seeking exposure to copper mining and metals production equities within a blockchain-native format. The token supports instant minting and redemption, enabling efficient entry and exit from positions with access to traditional exchange liquidity. Trading venues for SCCOON include the Ondo app for minting, redemption, and trading, as well as other platforms where the token is listed. The token is tracked across numerous data platforms including CoinMarketCap, CoinGecko, Etherscan, Ethplorer, LiveCoinWatch, Investing.com, TradingView, MetaMask, Bybit, and RevenueBot, providing holders with multiple avenues for price monitoring and market analysis.

How Is the Southern Copper Tokenized Stock (Ondo) ecosystem developing?

The SCCOON ecosystem is developing within Ondo Finance's expanding real-world asset infrastructure. Ondo's platform supports tokenized U.S. stocks and ETFs, with SCCOON representing the company's entry into copper mining and metals production equity tokenization. A related product in Ondo's lineup is the Global X Copper Miners Tokenized ETF (COPXon), which provides exposure to a broader basket of copper mining companies. In August 2026, Ondo expanded its perps collateral framework to allow traders to use tokenized stocks as collateral for leveraged trades, adding utility to tokens like SCCOON. The token is integrated with Ondo Global Markets, which focuses on tokenized U.S. stocks and ETFs for non-US users. Tracking and data integration for SCCOON spans major platforms including CoinMarketCap, CoinGecko, Etherscan, Ethplorer, LiveCoinWatch, Investing.com, TradingView, MetaMask, Bybit, RevenueBot, Crebaco, Indexpo, app.rwa.xyz, and Cointracker. Community and social channels associated with Ondo Finance include Twitter/X, Telegram, GitHub, and a blog, providing ongoing updates about the ecosystem's development and new product offerings.

How to mine Southern Copper Tokenized Stock (Ondo)?

SCCOON is not mined through proof-of-work or proof-of-stake consensus mechanisms. As a tokenized equity product issued by Ondo Finance, SCCOON is minted and redeemed through Ondo's platform infrastructure rather than through mining. Tokenholders gain exposure by acquiring SCCOON through supported venues, including the Ondo app where instant minting and redemption are available, as well as other trading platforms where the token is listed. The minting process is tied to the underlying Southern Copper stock and operates 24 hours a day, five days a week with access to traditional exchange liquidity. There is no staking mechanism specific to SCCOON, though the token can be used as collateral for leveraged trades through Ondo's perps collateral expansion. Holding SCCOON provides economic exposure similar to holding SCCO and reinvesting any dividends. The token's supply is dynamic, with mint and burn activity reflected in varying supply figures across data sources and time periods, and displayed amounts may be scaled by the active UI multiplier.

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

Securing SCCOON requires attention to both blockchain security best practices and the specific characteristics of the token. Because SCCOON is an ERC-20 token on Ethereum with additional deployments on BNB Smart Chain and Solana, holders should use wallets compatible with the respective blockchain and verify contract addresses before interacting with any token. The official Ethereum contract address is 0xdA81DA76070a7377eAEEB2978F0E13C5d57FaDb7, the BNB Smart Chain address is 0xF15B8f7465b92799F6EE440F86B3CAB5A4dbc65A, and the Solana token address is EANjzFjj3nPXHdzN5CE3Z8LLVn69Ce77FE8X4cvondo. Holders should store tokens in reputable self-custody wallets and avoid sharing private keys or seed phrases. Given that the contract is a BeaconProxy with upgradeable implementation, users should stay informed about any contract upgrades or beacon changes that could affect token behavior. The UI Multiplier mechanism means displayed token amounts may be scaled, so holders should verify actual balances through block explorers. As no contract security audit has been submitted according to Etherscan, users should exercise additional caution and conduct their own due diligence. Additional restrictions apply to Ondo tokenized stocks, and the product is targeted at non-US retail and institutional users. Price prediction disclaimers note that crypto markets are highly volatile and actual prices may vary based on macroeconomic conditions, regulation, and market sentiment.