Strategy Stretch Preferred (Ondo Tokenized)

Strategy Stretch Preferred (Ondo Tokenized), ticker STRCON, is a tokenized representation of a preferred security issued by Strategy, brought on-chain through Ondo's tokenization infrastructure. It is designed to give investors access to a traditional preferred-stock instrument in a blockchain-native form, removing some of the friction associated with holding conventional preferred shares through a broker. The product is aimed at participants who want exposure to this type of fixed-income-adjacent security through digital-asset infrastructure.

STRCON is an 'other digital asset' that represents an off-chain financial instrument — a preferred share — whose ownership is recorded and transferred on-chain via Ondo's tokenization framework. The token's value is intended to track the underlying preferred security rather than arising from any native blockchain protocol, consensus mechanism, or on-chain economic activity. No consensus algorithm or block time is recorded for this asset, which reflects its nature as a tokenized wrapper rather than a native cryptocurrency or protocol token.

The data provided does not record a fee stream, revenue model, or protocol-level earnings for STRCON. This means that fee-based measures — such as protocol revenue or fee yield — which this site may display for other assets are not applicable here and would not be meaningful to examine. The asset's circulating supply stands at 724,372.27 units at a point-in-time price of 104.67 USD, giving a market capitalization of 75,818,774 USD. The supply issued percentage is recorded at 100.0% on a point-in-time basis, and no maximum supply figure is stored.