SLB Tokenized Stock (Ondo) PriceSLBON

What is SLB Tokenized Stock (Ondo) (SLBON)?

SLB Tokenized Stock (Ondo) (SLBON) is a tokenized version of SLB (Schlumberger) issued through Ondo Finance's Ondo Stocks platform, part of Ondo Global Markets. The token gives holders economic exposure similar to holding SLB shares and reinvesting any dividends, while existing as a freely transferable digital asset onchain. SLBON is deployed across Ethereum, BNB Chain (BSC), and Solana. The token was listed on CoinMarketCap on June 23, 2026. It is designed for non-US retail and institutional users who can instantly mint and redeem tokenized U.S. stocks and ETFs 24 hours a day, five days a week, with full access to traditional exchange liquidity. Circulating supply is 42 SLBON and total supply is 42 SLBON, per CoinMarketCap registry data; the issuer manages supply through minting and redemption rather than a fixed cap.

Key Specifications & Tokenomics

• Name: SLB Tokenized Stock (Ondo)
• Symbol / Ticker: SLBON
• Issuer / Platform: Ondo Finance — Ondo Stocks (Ondo Global Markets)
• Underlying Reference Asset: SLB (Schlumberger)
• Blockchain / Network: Ethereum, BNB Chain (BSC), and Solana
• Contract Address (Ethereum): 0xcea4290d6578f0253308304f7184ea2e8f5eb0e4
• Contract Address (BNB Chain / BSC): 0xfaDdE620010736a5074a4269894Cb52B0a9a91DE
• Contract Address (Solana): i7ZS13SF6BCKbzvLujp2UqLNMgM1XVnZ7A7wC6tondo
• Official Website: https://ondo.finance/
• Product Page: ondo.finance/global-markets
• Explorer: etherscan.io, BscScan, Solscan
• Category: Tokenized Assets, Real World Assets
• Tags: Tokenized Assets, Solana Ecosystem, Ondo Stocks Ecosystem
• Token Creation Date: Listed on CoinMarketCap on June 23, 2026
• Max Supply: No fixed cap is published; supply is managed by the issuer through minting and redemption of tokenized shares.
• Circulating Supply: 42 SLBON

Who created SLB Tokenized Stock (Ondo)?

SLBON is issued by Ondo Finance through its Ondo Stocks platform, which is part of Ondo Global Markets. Ondo Finance designs institutional-grade platforms, assets, and infrastructure to bring financial markets onchain, guided by stated belief pillars of Open Finance, Better Systems, and Shared Progress. The broader Ondo ecosystem has established partnerships and collaborations with institutions including Kinexys by J.P. Morgan, Mastercard, Ripple, Broadridge, Clearstream, and 360X. SLBON is a platform-issued product of Ondo Finance rather than a standalone project; Ondo states that its executive team has experience across institutions such as Goldman, McKinsey, Bridgewater, and BlackRock.

How does SLB Tokenized Stock (Ondo) work?

SLBON is a tokenized representation of SLB (Schlumberger) issued through Ondo Stocks. The token provides economic exposure similar to holding SLB and reinvesting any dividends. SLBon is designed to be fully backed by the underlying publicly traded asset, together with cash in transit, held with regulated custodial broker-dealers. Ondo tokenized stocks enable non-US retail and institutional users around the world to instantly mint and redeem tokenized U.S. stocks and ETFs 24 hours a day, five days a week, with full access to traditional exchange liquidity. The tokens are freely transferable and usable in DeFi. Ondo's Nexus technology enables issuers of tokenized US Treasuries and stablecoins to offer instant minting and redemption to their clients. Ondo Chain is referenced as an innovation with the potential to help move institutions and capital markets onchain.

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

SLBON combines exposure to a traditional public equity, SLB (Schlumberger), with the transferability and DeFi composability of an onchain token. Unlike conventional brokerage access, Ondo tokenized stocks allow instant minting and redemption around the clock, five days a week, with access to traditional exchange liquidity. The token is part of the Ondo Stocks platform, which has surpassed $1 billion in Total Value Locked and supports 450+ assets and approximately 245,100 unique holders, per platform-level figures. Ondo Global Markets has secured regulatory approval to offer tokenized stocks and ETFs across 30 European countries in the EU and EEA, a platform-level development rather than one specific to SLBON. The token is freely transferable and usable in DeFi, giving it utility beyond simple holding.

What is SLB Tokenized Stock (Ondo) used for?

SLBON is used to gain economic exposure similar to holding SLB (Schlumberger) and reinvesting any dividends, without requiring direct access to traditional U.S. brokerage infrastructure. It can be minted and redeemed instantly by eligible non-US users 24 hours a day, five days a week. Because the token is freely transferable and usable in DeFi, it can be swapped, traded, or integrated into onchain applications. On Crypto.com, SLBon can be converted against AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW. The token also functions as a tradable asset on supported venues. Related Ondo tokenized assets referenced in the materials include CLOAon, COINon, ABNBon, AAPLon, MSFTon, SGOVon, FCELon, Con, MXLon, GDon, PCGon, ALOYon, WMBon, CAMTon, PAVEon, PENGon, GLTRon, and NNEon.

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

The Ondo ecosystem has expanded significantly through 2026. In April 2026, Ondo partnered with Broadridge to bring voting capabilities to tokenized stocks. Clearstream and 360X are referenced as Ondo ecosystem partners. On May 6, 2026, Ondo, Kinexys by J.P. Morgan, Mastercard, and Ripple completed the first cross-border, cross-bank redemption of tokenized U.S. Treasuries, according to Ondo. Ondo Global Markets surpassed $1 billion in Total Value Locked, a first for tokenized stocks. The Ondo Stocks platform currently reports $1.33B in TVL, 450+ assets, and approximately 245,100 unique holders.

How to mine SLB Tokenized Stock (Ondo)?

SLBON is not mined through proof-of-work or similar mining mechanisms. It is issued by Ondo Finance through the Ondo Stocks platform as a tokenized representation of SLB (Schlumberger). Eligible non-US users can mint and redeem the token instantly 24 hours a day, five days a week, with full access to traditional exchange liquidity. There is no public staking or mining program described for this specific token. Supply is managed by the issuer rather than generated through mining rewards. Users seeking exposure to SLBON should use the minting and redemption mechanisms provided by Ondo Global Markets or acquire the token through supported trading venues.

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

Store SLBON in a wallet that supports Ethereum-based tokens, and always verify the contract address 0xcea4290d6578f0253308304f7184ea2e8f5eb0e4 before interacting with any token. Use hardware wallets for significant holdings and never share private keys or seed phrases. Because SLBON is freely transferable and usable in DeFi, only interact with audited and trusted protocols. Be aware that Ondo Stocks and USDY are not available in the US, and additional restrictions apply. Always confirm that any platform or contract you use is legitimate, and treat pricing information from third parties as informational only, not financial advice.

Risks and uncertainties

SLBON carries market risk: its price can fluctuate with the value of the underlying SLB shares and broader market conditions. Regulatory risk applies as well, since tokenized securities face evolving rules across jurisdictions and access may be restricted in some regions. Technical risk includes smart contract vulnerabilities and the operational risks of minting and redemption infrastructure. These factors may affect liquidity, transferability, or the availability of the token, and outcomes are not guaranteed.