iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF)

TLTON Price

About iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTon)

TLTon is a tokenized representation of the iShares 20+ Year Treasury Bond ETF (TLT), providing on-chain investors with economic exposure to long-term US Treasury bonds.

• The token functions as a total-return tracker, where dividends from the underlying ETF are automatically reinvested to increase the asset's value.
• Each TLTon token is backed 1:1 by physical shares of the TLT ETF held in custody with regulated US-based broker-dealers.
• The asset is issued by a bankruptcy-remote special purpose vehicle (SPV) and features daily on-chain attestations to ensure transparency and collateralization.

What Is iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF)

iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) is a financial instrument that brings traditional fixed-income securities into the digital asset ecosystem as Real World Assets (RWA). It allows non-US investors to gain exposure to long-duration US government debt without needing a traditional brokerage account or navigating complex cross-border banking systems. Value moves through the system by tracking the net asset value (NAV) of the underlying iShares TLT ETF, which includes price fluctuations of the bonds and the compounding effect of reinvested dividends.

The token is primarily utilized as a low-volatility store of value or as high-quality collateral within decentralized finance (DeFi) protocols. As the ecosystem grows, the platform scales by utilizing a "just-in-time" liquidity model, ensuring that every minted token is immediately matched by the purchase of underlying securities in traditional markets.

What Makes iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) Unique

• Institutional-Grade Access: The platform enables institutional and retail users outside the US to mint and redeem tokenized ETFs 24 hours a day, five days a week, providing access to traditional exchange liquidity on-chain.
• Bankruptcy-Remote Legal Structure: The tokens are issued by Ondo Global Markets (BVI) Limited, a dedicated SPV that is legally and operationally separate from its parent entities to protect investor assets in the event of corporate insolvency.
• Automated Yield Compounding: TLTon automatically reinvests dividends from the underlying ETF into the token's value, eliminating the need for users to manually claim and reinvest cash payments.

What Can You Use iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) for?

• Portfolio Diversification: Investors can hedge against crypto market volatility by allocating capital to US government-backed debt instruments.
• DeFi Collateral: The token can be used as collateral for borrowing and lending in protocols that support tokenized real-world assets.
• Capital Preservation: Provides a digital vehicle for holding long-term US Treasury exposure with the security of 1:1 physical backing.

How Does iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) Work?

The operational mechanism of TLTon relies on a bridge between decentralized ledgers and traditional finance. When an eligible user mints TLTon using USDC, the platform's issuer entity purchases the corresponding amount of the iShares TLT ETF through a regulated US broker-dealer. These shares are then held in a custodial account, and the equivalent amount of TLTon is issued to the user's wallet.

For redemptions, the process is reversed: the user burns their TLTon tokens, the issuer sells the underlying ETF shares, and the proceeds are returned to the user in stablecoins. Transparency is maintained through daily attestations provided by Ankura Trust Company, which verifies the existence of the underlying securities. Users pay transaction fees on their respective blockchain networks (such as Ethereum or Solana) using the network's native gas token.

Team Info and Investors

TLTon is part of the Ondo Global Markets platform, managed by Ondo Global Markets (BVI) Limited. The platform's majority owner is the Ondo Foundation, with technology and administrative services provided by Ondo Finance Inc. Ondo Finance was founded by Nathan Allman and has secured significant backing from prominent investors including Founders Fund, Pantera Capital, and Coinbase Ventures.

Where can you buy iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF)?

TLTON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) is Gate, where the most active trading pair TLTON/USDT has a trading volume of $97,039.61 in the last 24 hours. Other popular options include Ondo Stocks and LBank.

What is the daily trading volume of iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON)?

The trading volume of iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON) is $786,320.97 in the last 24 hours, representing a -1.70% 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 iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON)?

iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON) reached an all-time high of $95.54 and an all-time low of $83.82. It’s now trading -12.10% below that peak and 0.20% above its lowest price.

What is the market cap of iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON)?

Market capitalization of iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON) is $18,658,778 and is ranked #942 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TLTON tokens (220 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON)?

The fully diluted valuation (FDV) of iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON) is $18,644,922. This is a statistical representation of the maximum market cap, assuming total number of 220 Thousand ETH tokens are in circulation today.

How does the price performance of iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) compare against its peers?

With a price decline of -1.10% in the last 7 days, iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON) is underperforming the global cryptocurrency market which is up 9.60%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are up 4.30%.

How to add iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON) to MetaMask?

Adding iShares 20+ Year Treasury Bond ETF (Ondo Tokenized ETF) (TLTON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import TLTON as a token. You can copy TLTON’s contract address (0x992651bfeb9a0dcc4457610e284ba66d86489d4d) and import it manually, or if you've installed MetaMask's chrome extension, add TLTON to MetaMask with one click on CoinGecko.

Add TLTON to MetaMask.