Cerebras Systems (Ondo Tokenized)

CBRSON Price

About Cerebras Systems (Ondo Tokenized) (CBRSon)

CBRSon is a tokenized financial instrument issued by Ondo Global Markets that provides on-chain economic exposure to the total return of Cerebras Systems Inc. equity.

• Facilitates 24/5 minting and redemption of tokenized equity for non-US retail and institutional investors.
• Operates as a total-return tracker, reflecting both price movements and reinvested dividends of the underlying asset.
• Backed on a 1:1 basis by physical securities held in regulated custodial brokerage accounts.

What Is Cerebras Systems (Ondo Tokenized)

Cerebras Systems (Ondo Tokenized) is a digital representation of equity in Cerebras Systems Inc., a company specializing in high-performance AI computing. The token, designated by the "on" suffix, is part of the Ondo Finance ecosystem. It allows investors to gain exposure to private or public securities that are traditionally restricted to legacy brokerage systems.

Value moves through the system via the issuance of structured notes. When a user mints CBRSon, the issuer, Ondo Global Markets (BVI) Limited, purchases the corresponding underlying security through a regulated broker-dealer. The token is "put to work" as a portable asset that can be used within decentralized finance (DeFi) protocols for collateralization or liquidity provisioning. As the ecosystem grows, the protocol scales by inheriting liquidity from traditional markets, allowing arbitrageurs to maintain price alignment between the token and its underlying asset.

What Makes Cerebras Systems (Ondo Tokenized) Unique

• Total Return Tracking: Unlike standard price-trackers, CBRSon incorporates a multiplier that accounts for reinvested dividends and corporate actions, ensuring the token matches the economic performance of holding the actual stock.
• 24/5 Global Access: While traditional markets operate on restricted hours, the Ondo Global Markets platform enables instant minting and redemption throughout the work week, bridging the gap between legacy finance and blockchain uptime.
• Bankruptcy-Remote Structure: The tokens are issued by a special purpose vehicle (SPV) designed to be bankruptcy-remote from Ondo Finance Inc., with a first-priority security interest held by an independent security agent for the benefit of tokenholders.
• Institutional-Grade Backing: All underlying assets are held by regulated custodial broker-dealers, such as Alpaca Securities LLC, providing a layer of traditional regulatory oversight.

What Can You Use Cerebras Systems (Ondo Tokenized) for?

• On-Chain Equity Exposure: Users can hold the token to gain economic exposure to Cerebras Systems Inc. without needing a traditional brokerage account, provided they meet eligibility requirements.
• Portfolio Diversification: CBRSon allows users to diversify their on-chain holdings into Real World Assets (RWA) and traditional equities.
• DeFi Utility: The token is designed to be transferable across supported blockchains like Ethereum and Solana, enabling its use as collateral in lending protocols or as a base asset in perps and trading platforms.

How Does Cerebras Systems (Ondo Tokenized) Work?

Cerebras Systems (Ondo Tokenized) functions as a blockchain-based tracker certificate. The technical mechanism relies on a proprietary oracle system and a multiplier known as the sValue. This multiplier adjusts the relationship between the token quantity and the underlying equity value to account for dividends, stock splits, and other corporate actions.

When a dividend is issued, the sValue increases, effectively meaning each token represents a slightly larger fraction of the underlying share. This ensures that the token price reflects the total return rather than just the market price per share. The process is governed by smart contracts (self-executing code on the blockchain) that manage the minting, redemption, and price feed updates. As an application utility token, it does not serve as network gas; instead, transaction fees on the host networks are paid in the native assets of those blockchains.

Team Info and Investors

Cerebras Systems (Ondo Tokenized) is issued by Ondo Global Markets (BVI) Limited, a subsidiary of the Ondo Foundation. Ondo Finance Inc. provides the underlying tokenization technology and services. The project is backed by institutional participants, with Ondo Global Markets being majority-owned by Flux Finance Inc. (90.01%) and Ondo Finance Inc. (9.99%). Governance and security are bolstered by third-party agents, including Ankura Trust Company as the Security Agent and independent verification agents who review the asset backing daily.

Where can you buy Cerebras Systems (Ondo Tokenized)?

CBRSON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Cerebras Systems (Ondo Tokenized) is Ondo Stocks, where the most active trading pair CBRSON/USDON has a trading volume of $2,285.81 in the last 24 hours.

What is the daily trading volume of Cerebras Systems (Ondo Tokenized) (CBRSON)?

The trading volume of Cerebras Systems (Ondo Tokenized) (CBRSON) is $87,364.76 in the last 24 hours, representing a 3.30% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Cerebras Systems (Ondo Tokenized) (CBRSON)?

Cerebras Systems (Ondo Tokenized) (CBRSON) reached an all-time high of $251.51 and an all-time low of $162.72. It’s now trading -25.70% below that peak and 14.80% above its lowest price.

What is the market cap of Cerebras Systems (Ondo Tokenized) (CBRSON)?

Market capitalization of Cerebras Systems (Ondo Tokenized) (CBRSON) is $63,652.91 and is ranked #5426 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CBRSON tokens (340 tokens are tradable on the market today).

What is the fully diluted valuation of Cerebras Systems (Ondo Tokenized) (CBRSON)?

The fully diluted valuation (FDV) of Cerebras Systems (Ondo Tokenized) (CBRSON) is $63,652.91. This is a statistical representation of the maximum market cap, assuming total number of 340 ETH tokens are in circulation today.

How does the price performance of Cerebras Systems (Ondo Tokenized) compare against its peers?

With a price decline of -9.50% in the last 7 days, Cerebras Systems (Ondo Tokenized) (CBRSON) is underperforming the global cryptocurrency market which is down -3.20%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Cerebras Systems (Ondo Tokenized) (CBRSON) to MetaMask?

Adding Cerebras Systems (Ondo Tokenized) (CBRSON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import CBRSON as a token. You can copy CBRSON’s contract address (0x61882bb63af8e6a39531175cdfde1fcd98346503) and import it manually, or if you've installed MetaMask's chrome extension, add CBRSON to MetaMask with one click on CoinGecko.

Add CBRSON to MetaMask.