Fundrise Innovation Fund (Ondo Tokenized)

VCXON Price

About Fundrise Innovation Fund (Ondo Tokenized) (VCXon)

Fundrise Innovation Fund (Ondo Tokenized) is a tokenized investment product that provides on-chain economic exposure to the Fundrise Innovation Fund, a venture capital fund focused on private technology companies.

• VCXon mirrors the total return of the underlying Fundrise Innovation Fund, including both price movements and the reinvestment of dividends.
• The token is issued by Ondo Global Markets and is secured by traditional securities, such as stocks and ETFs, held with regulated US broker-dealers.
• VCXon is available on multiple blockchains, including Ethereum and Solana, enabling 24/7 peer-to-peer transferability and integration with decentralized finance.

What Is Fundrise Innovation Fund (Ondo Tokenized)

Fundrise Innovation Fund (Ondo Tokenized) is a digital representation of a venture capital fund, designed to bring the performance of private technology investments to the blockchain. The project operates under the Ondo Finance ecosystem, specifically within the Ondo Global Markets platform, which focuses on the tokenization of traditional public and private securities.

Value moves through the system via a minting and redemption process that is generally available 24 hours a day, five days a week. By tokenizing the Fundrise Innovation Fund, the platform allows users to gain economic exposure to venture capital without needing a traditional brokerage account. The token is designed to scale as more users seek Real World Assets (RWA) on-chain, leveraging the liquidity of traditional markets to support decentralized financial activities.

What Makes Fundrise Innovation Fund (Ondo Tokenized) Unique

• Total Return Tracking: Unlike simple price trackers, VCXon is designed to reflect the total return of the underlying fund, including reinvested dividends net of withholding taxes.
• Traditional Market Liquidity: The platform inherits liquidity from traditional exchanges, allowing for efficient arbitrage and price alignment through instant minting and redemptions.
• Bankruptcy-Remote Structure: The tokens are issued using a legal structure designed to maximize bankruptcy remoteness, with an independent security agent holding a first-priority interest in the collateral.
• Cross-Chain Availability: VCXon is deployed across several major networks, including BNB Chain, Solana, and Ethereum, ensuring broad accessibility.

What Can You Use Fundrise Innovation Fund (Ondo Tokenized) for?

Fundrise Innovation Fund (Ondo Tokenized) is an asset-pegged token designed to track the performance of the Fundrise Innovation Fund.

• Value retention: This asset allows users to hold a digital, on-chain representation of the Fundrise Innovation Fund, providing exposure to venture capital assets while maintaining a position within the blockchain ecosystem.
• Yield generation: According to the project documentation, VCXon provides exposure to reinvested dividends, mirroring the total return of the underlying VCX fund over time.
• Cross-border settlement / value transfer: VCXon enables the global and frictionless transfer of venture capital exposure across supported blockchains, facilitating international movement of value without traditional banking delays.
• Collateralization: The tokens are designed to be compatible with Decentralized Finance (DeFi) protocols, where they can be used as collateral for lending platforms or as margin in derivatives protocols.

How Does Fundrise Innovation Fund (Ondo Tokenized) Work?

Fundrise Innovation Fund (Ondo Tokenized) works through a secure tokenization mechanism that bridges traditional brokerage accounts with blockchain networks. When a user mints VCXon, the platform ensures the token is fully backed by the corresponding underlying asset or cash held with US broker-dealers. An independent verification agent reviews the backing of the tokenized products on a daily basis to ensure transparency.

The technical architecture allows for tokens to be freely transferable among eligible users outside the United States. Redemptions are processed by converting the tokens back into stablecoins or the cash value of the underlying asset at the time of the trade. This process is automated via smart contracts, which manage the issuance and burning of tokens while ensuring compliance with jurisdictional restrictions.

Team Info and Investors

Fundrise Innovation Fund (Ondo Tokenized) is issued by Ondo Global Markets (BVI) Limited. The broader Ondo Finance team includes experienced professionals from both traditional finance and technology, including former executives from major exchange-traded fund (ETF) providers like Invesco. The project has established a network of ecosystem partners, including Morpho, Gauntlet, and Ledger, to support the integration and security of its tokenized assets. All holdings are maintained with US-registered custodial broker-dealers to ensure institutional-grade protection for token holders.

Where can you buy Fundrise Innovation Fund (Ondo Tokenized)?

VCXON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Fundrise Innovation Fund (Ondo Tokenized) is Ondo Global Markets, where the most active trading pair VCXON/USDON has a trading volume of $4.87 in the last 24 hours.

What is the daily trading volume of Fundrise Innovation Fund (Ondo Tokenized) (VCXON)?

The trading volume of Fundrise Innovation Fund (Ondo Tokenized) (VCXON) is $4.87 in the last 24 hours, representing a 0.00% 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 Fundrise Innovation Fund (Ondo Tokenized) (VCXON)?

Fundrise Innovation Fund (Ondo Tokenized) (VCXON) reached an all-time high of $106.57 and an all-time low of $97.16. It’s now trading -6.50% below that peak and 2.60% above its lowest price.

What is the market cap of Fundrise Innovation Fund (Ondo Tokenized) (VCXON)?

Market capitalization of Fundrise Innovation Fund (Ondo Tokenized) (VCXON) is $165.68 and is ranked #12552 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VCXON tokens (1.7 tokens are tradable on the market today).

What is the fully diluted valuation of Fundrise Innovation Fund (Ondo Tokenized) (VCXON)?

The fully diluted valuation (FDV) of Fundrise Innovation Fund (Ondo Tokenized) (VCXON) is $165.68. This is a statistical representation of the maximum market cap, assuming total number of 1 ETH tokens are in circulation today.

How does the price performance of Fundrise Innovation Fund (Ondo Tokenized) compare against its peers?

With a price increase of 0.00% in the last 7 days, Fundrise Innovation Fund (Ondo Tokenized) (VCXON) is outperforming the global cryptocurrency market which is down -0.20%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Fundrise Innovation Fund (Ondo Tokenized) (VCXON) to MetaMask?

Adding Fundrise Innovation Fund (Ondo Tokenized) (VCXON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import VCXON as a token. You can copy VCXON’s contract address (0x8b935eb2c98b597577359def9b18b4ae1523e6cf) and import it manually, or if you've installed MetaMask's chrome extension, add VCXON to MetaMask with one click on CoinGecko.

Add VCXON to MetaMask.