NVIDIA (Ondo Tokenized Stock)

NVDAON is a tokenized representation of NVIDIA common stock, issued by Ondo Finance under its Global Markets product. It is designed to give non-US retail and institutional users economic exposure similar to holding NVDA shares, with any dividends automatically reinvested rather than paid out separately. The product addresses the difficulty that investors outside the United States face when trying to access US-listed equities, offering minting and redemption around the clock on weekdays.

Each NVDAON token is minted and redeemed through Ondo's platform at a price intended to track the underlying NVIDIA stock, with the process connected to traditional exchange liquidity rather than relying on an on-chain automated market maker. The token exists across several blockchain networks including Ethereum, Solana, BNB Chain, and HyperEVM, meaning it can be held and transferred on-chain while the economic exposure it represents sits in the traditional financial system. No consensus algorithm is recorded for this asset because the token itself is not a standalone blockchain; it rides on the infrastructure of the chains where it is deployed.

The data stored for NVDAON does not include a fee stream, so there are no fee-based measures such as protocol revenue or fee yield available on this page. What is recorded is a circulating supply of approximately 156,300 tokens at a point-in-time price of 217.4 US dollars, giving a market capitalisation of roughly 33.98 million US dollars. The fully diluted valuation-to-market-cap ratio stands at 1.0 and dilution overhang is recorded as 0.0 percent, both point-in-time figures, which reflect the fact that all issued supply is already in circulation and no additional supply is pending.