Entegris (Ondo Tokenized)
ENTGON Price
ENTGON Converter
Entegris (Ondo Tokenized) (ENTGON) Price Today
The price of Entegris (Ondo Tokenized) (ENTGON) is $0.00 today with a 24-hour trading volume of $0.00. This represents a 0.0% price increase in the last 24 hours.
About Entegris (Ondo Tokenized) (ENTGon)
Entegris (Ondo Tokenized) is a digital asset that provides non-US investors with on-chain economic exposure to Entegris Inc. (ENTG) common stock.
- It enables the instant minting and redemption of tokenized stocks 24 hours a day, five days a week through the Ondo Global Markets platform.
- The token is designed as a total-return tracker, reflecting both the price movements of the underlying stock and the reinvestment of dividends.
- Holders benefit from traditional exchange liquidity and the transparency of blockchain technology while maintaining bankruptcy-remote legal protections.
What Is Entegris (Ondo Tokenized)
Entegris (Ondo Tokenized) allows users outside the United States to gain exposure to US public securities without requiring a traditional brokerage account. The system functions by minting digital tokens that are fully backed by the underlying Entegris Inc. stock, which is held at US-registered custodial broker-dealers.
Value moves through the system via a mint-and-redeem mechanism that inherits liquidity from traditional equity markets, allowing for efficient price alignment and reduced slippage. The token is put to work by being transferable and compatible with decentralized finance (DeFi) protocols, enabling it to serve as a liquid on-chain representation of a real-world asset. This ecosystem scales as more Real World Assets (RWA) are integrated into various Layer 1 and Layer 2 networks, expanding the utility of tokenized equities across global financial applications.
What Makes Entegris (Ondo Tokenized) Unique
- 24/5 Accessibility: Unlike traditional stock markets with restricted hours, the minting and redemption of ENTGon is generally available nearly 24 hours a day during the work week.
- Total-Return Tracking: The token automatically accounts for dividends (net of any applicable withholding tax), which are reinvested to mirror the total economic performance of the physical stock.
- Institutional-Grade Framework: It utilizes a bankruptcy-remote legal structure and is issued by Ondo Global Markets (BVI) Limited, with oversight from independent verification and security agents.
- Instant Liquidity Access: Token holders can redeem their assets for stablecoins or the cash value of the underlying asset, leveraging traditional exchange liquidity through the platform's brokerage partners.
What Can You Use Entegris (Ondo Tokenized) for?
- Global Equity Access: Non-US investors can hold and manage exposure to US-listed equities through a familiar digital interface.
- DeFi Collateralization: The token can be used as collateral in supported decentralized lending or perpetuals protocols, allowing users to unlock liquidity without selling their underlying exposure.
- Cross-Border Settlement: Its transferable nature allows for the peer-to-peer movement of value 24/7 across multiple blockchain ecosystems, including Ethereum, BNB Chain, and Solana.
How Does Entegris (Ondo Tokenized) Work?
Entegris (Ondo Tokenized) tokens are issued on-chain through the Ondo Global Markets platform. When a user mints the token, the issuer purchases the equivalent amount of Entegris Inc. stock, which is then held with a US-registered broker-dealer such as Alpaca Securities. This process ensures that every token in circulation is fully backed by the corresponding real-world security.
To ensure investor protection, an independent Security Agent holds a first-priority, perfected security interest in the underlying collateral. The platform also employs an independent Verification Agent to review the backing of the tokens daily. As an application-specific utility token within the Ondo Finance ecosystem, it does not function as a network gas token; instead, transaction fees on the host blockchains are paid in their respective native assets.
Team Info and Investors
The tokens are issued by Ondo Global Markets (BVI) Limited, a British Virgin Islands business company. Tokenization services and technical infrastructure are provided by Ondo Finance Inc., a Delaware-based corporation. The project is led by experienced finance professionals, including a former Invesco ETF chief who was recently hired to oversee the development of on-chain investment products. Ondo Finance is backed by prominent venture capital firms and strategic partners within the blockchain and traditional finance industries.
Where can you buy Entegris (Ondo Tokenized)?
ENTGON tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Entegris (Ondo Tokenized) is N/A, where the most active trading pair entgon/USDC has a trading volume of $0.00 in the last 24 hours.
What is the liquidity of Entegris (Ondo Tokenized) (ENTGON)?
The total liquidity of Entegris (Ondo Tokenized) is $6.00. If you own ENTGON tokens, liquidity of the token is low and prices may differ drastically. Proceed with caution.
What is the liquidity of Entegris (Ondo Tokenized) (ENTGON)?
The fully diluted valuation (FDV) of Entegris (Ondo Tokenized) (ENTGON) is $0.00. This is a statistical representation of the maximum market cap, assuming the maximum number of ENTGON tokens are in circulation today.
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