Halliburton (Ondo Tokenized)

HALON Price

About Halliburton (Ondo Tokenized) (HALON)

Halliburton (Ondo Tokenized) is a digital asset that provides token holders with economic exposure to Halliburton Co (HAL) stock through a blockchain-based platform.

• Total-return tracker: The token is designed to mirror both the price appreciation and reinvested dividends of the underlying equity.
• Global access: It allows non-US retail and institutional investors to access US public securities 24 hours a day, five days a week through the Ondo Global Markets platform.
• Asset backing: HALON is fully backed by traditional securities held with US-registered custodial broker-dealers, ensuring transparent and secure asset representation.

What Is Halliburton (Ondo Tokenized)

Halliburton (Ondo Tokenized) is a tokenized representation of Halliburton Co stock issued by Ondo Global Markets (BVI) Limited. The project aims to bridge traditional public securities with decentralized finance by enabling the creation of on-chain tokens that are freely transferable and usable across various blockchain ecosystems. Value moves through the system via a minting and redemption process that allows users to convert stablecoins into tokenized stock exposure and vice versa.

As a real-world asset (RWA), the token is put to work by providing investors with a digital vehicle to hold and trade equity exposure without the limitations of traditional brokerage hours. The economic value of the token scales with the underlying performance of Halliburton Co, as dividends (net of withholding tax) are automatically reinvested into the asset, maintaining a total-return profile for the holder.

What Makes Halliburton (Ondo Tokenized) Unique

• 24/5 Minting and Redemption: Unlike traditional stock exchanges that operate on fixed schedules, the Ondo Global Markets platform allows for the instant creation and liquidation of HALON tokens five days a week, matching global market liquidity.
• Total-Return Tracking: The token uniquely accounts for corporate actions such as dividends and stock splits, ensuring the digital asset accurately reflects the comprehensive performance of the underlying HAL stock.
• Bankruptcy-Remote Structure: The legal framework is designed to maximize bankruptcy remoteness, providing a high level of investor protection by isolating the collateral from the issuer's operating risks.
• Daily Verification: An independent verification agent reviews the asset backing daily, providing a layer of transparency not typically found in traditional equity markets.

What Can You Use Halliburton (Ondo Tokenized) for?

Halliburton (Ondo Tokenized) is pegged to Halliburton Co (HAL) stock. Its use cases are adapted to its role as a tokenized representation of this equity asset:

1. Value retention: The asset allows users to hold a digital, on-chain representation of Halliburton Co (HAL) stock, enabling them to maintain exposure to a major energy sector equity while reducing exposure to the high volatility of the broader cryptocurrency market.
2. Yield generation: Dividends generated by the underlying Halliburton stock are reinvested into the token, providing a native yield source that mirrors the total return of the real-world equity. The source does not specify options for decentralized lending yield for this specific asset.
3. Cross-border settlement / value transfer: HALON enables international users outside the United States to access and transfer value tied to US equities instantly. This facilitates frictionless cross-border transfer of equity-linked value without the barriers of traditional international brokerage accounts.
4. Collateralization: The token is designed to be compatible with decentralized finance protocols, allowing it to be used as backing for borrowing and lending or as margin for derivatives, subject to platform support.

How Does Halliburton (Ondo Tokenized) Work?

Halliburton (Ondo Tokenized) operates through a tokenization mechanism where each HALON token is issued 1:1 against the underlying Halliburton Co stock. The collateral is held securely with US-registered broker-dealers, such as Alpaca Securities LLC, which is a member of FINRA and SIPC. When a user mints the token, they provide stablecoins which are used to purchase the corresponding stock; conversely, redemption involves selling the stock for cash value and returning stablecoins to the user.

The system utilizes smart contracts on networks like Ethereum, BNB Chain, and Solana to manage the issuance and transfer of tokens. As an application utility token, HALON does not serve as network gas; instead, transactions are subject to protocol service fees. To ensure security, an independent security agent holds a first-priority, perfected security interest in the collateral on behalf of the token holders.

Team Info and Investors

Halliburton (Ondo Tokenized) is a product of Ondo Finance, a team composed of professionals with backgrounds in traditional finance and blockchain technology. The project has expanded its leadership by hiring industry veterans, including a former Invesco ETF chief, to lead the development of on-chain investment products. Ondo Finance has established a broad ecosystem of partners and integrations, including collaborations with Morpho, Gauntlet, Ledger, and major exchanges like Binance and Bitget. While specific early backing for the HALON token itself is not detailed, the broader Ondo Finance platform is supported by institutional-grade partnerships and infrastructure providers.

Where can you buy Halliburton (Ondo Tokenized)?

HALON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Halliburton (Ondo Tokenized) is MEXC, where the most active trading pair HALON/USDT has a trading volume of $75,646.51 in the last 24 hours.

What is the daily trading volume of Halliburton (Ondo Tokenized) (HALON)?

The trading volume of Halliburton (Ondo Tokenized) (HALON) is $77,739.07 in the last 24 hours, representing a 35.20% 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 Halliburton (Ondo Tokenized) (HALON)?

Halliburton (Ondo Tokenized) (HALON) reached an all-time high of $36.96 and an all-time low of $31.02. It’s now trading -14.70% below that peak and 1.60% above its lowest price.

What is the market cap of Halliburton (Ondo Tokenized) (HALON)?

Market capitalization of Halliburton (Ondo Tokenized) (HALON) is $5,013.45 and is ranked #7463 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HALON tokens (160 tokens are tradable on the market today).

What is the fully diluted valuation of Halliburton (Ondo Tokenized) (HALON)?

The fully diluted valuation (FDV) of Halliburton (Ondo Tokenized) (HALON) is $5,013.45. This is a statistical representation of the maximum market cap, assuming total number of 160 ETH tokens are in circulation today.

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

With a price decline of -6.00% in the last 7 days, Halliburton (Ondo Tokenized) (HALON) is underperforming the global cryptocurrency market which is down -2.70%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Halliburton (Ondo Tokenized) (HALON) to MetaMask?

Adding Halliburton (Ondo Tokenized) (HALON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import HALON as a token. You can copy HALON’s contract address (0x596b790ccee1032f6658ac2c78a119cce69727fc) and import it manually, or if you've installed MetaMask's chrome extension, add HALON to MetaMask with one click on CoinGecko.

Add HALON to MetaMask.