AMD (Ondo Tokenized Stock)

AMDON Price

About AMD (Ondo Tokenized Stock) (AMDon)

• AMD (Ondo Tokenized Stock) is a digital asset that provides non-US investors with on-chain economic exposure to Advanced Micro Devices, Inc. (AMD) common stock.
• The token functions as a total return tracker, meaning it reflects the underlying stock's price movements and reinvests any dividends back into the asset.
• Each token is backed 1:1 by physical shares of AMD held in a regulated brokerage account, ensuring transparency and security for holders.
• AMDon is designed for 24/5 trading on decentralized networks, enabling users to access equity markets outside of traditional exchange hours.

What Is AMD (Ondo Tokenized Stock)

AMD (Ondo Tokenized Stock) is a tokenized stock issued by Ondo Global Markets (BVI) Limited. It is designed to bridge traditional equity markets with decentralized finance by representing ownership of a structured note that tracks the value of AMD shares. Unlike traditional stock ownership, which is often restricted by geographical boundaries and market hours, AMDon allows international users to mint, redeem, and trade exposure to one of the world's leading semiconductor companies directly on the blockchain.

The value of AMDon moves in tandem with the underlying AMD stock price. Because it is a total return tracker, any dividends issued by Advanced Micro Devices are automatically reinvested into the underlying backing, which may result in a single token eventually representing more than one share over time. This mechanism ensures that tokenholders capture the full economic benefit of the stock without needing a traditional brokerage account.

What Makes AMD (Ondo Tokenized Stock) Unique

• 24/5 Accessibility: While traditional stock markets have strict opening and closing times, AMDon can be traded on decentralized exchanges nearly 24 hours a day, five days a week, matching the liquidity of the underlying asset.
• Bankruptcy-Remote Structure: The tokens are issued by a special purpose vehicle (SPV) that is legally separate from Ondo Finance, protecting tokenholders' assets even in the event of the parent company's insolvency.
• Institutional-Grade Protections: The underlying AMD shares are held by Alpaca Securities LLC, a regulated custodial broker-dealer, with a third-party security agent holding a first-priority security interest for the benefit of tokenholders.
• Fractional Ownership: Users can purchase fractions of a token, making high-priced stocks more accessible to a broader range of international investors.

What Can You Use AMD (Ondo Tokenized Stock) for?

• On-Chain Equity Exposure: Investors can hold AMDon to gain exposure to the semiconductor industry and AMD's growth without leaving the blockchain ecosystem.
• DeFi Integration: As a Real World Asset (RWA), AMDon is designed to be compatible with decentralized finance protocols, potentially serving as collateral for borrowing and lending or as a component in diversified on-chain portfolios.
• Cross-Chain Portability: The token is available on multiple networks, including Ethereum, BNB Chain, and Solana, allowing users to move their equity exposure across different blockchain environments.

How Does AMD (Ondo Tokenized Stock) Work?

AMD (Ondo Tokenized Stock) operates as a structured note issued under Swiss law. When a qualified investor mints AMDon, the issuer purchases the equivalent amount of AMD common stock through a regulated US broker-dealer. These shares are then held in a custodial account where a security agent ensures they are reserved exclusively for tokenholders.

The platform uses a specialized stablecoin, USDon, to facilitate atomic transactions. When a user buys AMDon with USDC or USDT, the system swaps the payment for USDon to execute the purchase of the underlying security. This process is reversed during redemption, ensuring that minting and burning remain instant and efficient. To maintain transparency, the project provides daily and monthly attestation reports that verify the existence and value of the backing assets.

Team Info and Investors

AMD (Ondo Tokenized Stock) is a product of Ondo Finance, a protocol focused on bringing institutional-grade financial products to the blockchain. The issuer, Ondo Global Markets (BVI) Limited, is 90.01% owned by Flux Finance Inc. (a subsidiary of the Ondo Foundation) and 9.99% owned by Ondo Finance Inc. The project collaborates with a broad ecosystem of partners, including custodial services from Alpaca Securities and technical support from various decentralized protocols. While specific venture funding for this individual tokenized asset is not detailed, the broader Ondo ecosystem has received backing from prominent venture firms.

Where can you buy AMD (Ondo Tokenized Stock)?

AMDON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade AMD (Ondo Tokenized Stock) is Bitget, where the most active trading pair AMDON/USDT has a trading volume of $39,799.97 in the last 24 hours. Other popular options include Gate and BitMart.

What is the daily trading volume of AMD (Ondo Tokenized Stock) (AMDON)?

The trading volume of AMD (Ondo Tokenized Stock) (AMDON) is $3,507,771.16 in the last 24 hours, representing a -7.30% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for AMD (Ondo Tokenized Stock) (AMDON)?

AMD (Ondo Tokenized Stock) (AMDON) reached an all-time high of $582.99 and an all-time low of $149.82. It’s now trading -4.80% below that peak and 270.60% above its lowest price.

What is the market cap of AMD (Ondo Tokenized Stock) (AMDON)?

Market capitalization of AMD (Ondo Tokenized Stock) (AMDON) is $9,970,794 and is ranked #1102 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of AMDON tokens (18 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of AMD (Ondo Tokenized Stock) (AMDON)?

The fully diluted valuation (FDV) of AMD (Ondo Tokenized Stock) (AMDON) is $9,967,691. This is a statistical representation of the maximum market cap, assuming total number of 18 Thousand ETH tokens are in circulation today.

How does the price performance of AMD (Ondo Tokenized Stock) compare against its peers?

With a price increase of 5.40% in the last 7 days, AMD (Ondo Tokenized Stock) (AMDON) is outperforming the global cryptocurrency market which is up 1.00%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add AMD (Ondo Tokenized Stock) (AMDON) to MetaMask?

Adding AMD (Ondo Tokenized Stock) (AMDON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import AMDON as a token. You can copy AMDON’s contract address (0x0c1f3412a44ff99e40bf14e06e5ea321ae7b3938) and import it manually, or if you've installed MetaMask's chrome extension, add AMDON to MetaMask with one click on CoinGecko.

Add AMDON to MetaMask.