iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF)

IEMGON Price

About iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON)

IEMGon is a tokenized version of the iShares Core MSCI Emerging Markets ETF (IEMG), providing on-chain economic exposure to emerging markets for non-US users.

• IEMGon tracks the performance of the underlying iShares Core MSCI Emerging Markets ETF (IEMG).
• Dividend distributions from the underlying ETF are automatically reinvested, increasing the token's value over time.
• The asset offers 24/5 instant minting and redemption capabilities with full access to traditional exchange liquidity.

What Is iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF)

iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) is a digital asset issued by Ondo Finance that bridges the gap between traditional equity markets and decentralized finance. It allows investors to hold a digital representation of the IEMG ETF, which includes a diverse selection of large, mid, and small-capitalization stocks across emerging market economies.

Value moves through the system by mirroring the price of the underlying ETF shares held in regulated custody. The token is put to work primarily as a vehicle for emerging market exposure on-chain, allowing for reinvestment of dividends without the need for manual intervention. As part of the broader Real World Assets (RWA) ecosystem, it scales by providing a compliant and accessible gateway for global capital to enter traditional financial markets through blockchain technology.

What Makes iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) Unique

• Bankruptcy-Remote Structure: The underlying collateral is isolated from the issuer's balance sheet, providing a security interest for token holders.
• Institutional-Grade Liquidity: Trading and brokerage services are provided by Alpaca Securities, a FINRA and SIPC member, ensuring access to traditional exchange liquidity.
• Continuous Accessibility: Unlike traditional ETFs that are limited by brokerage hours, IEMGon enables instant minting and redemption 24 hours a day, five days a week.

What Can You Use iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) for?

The iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) is pegged to the iShares Core MSCI Emerging Markets ETF (IEMG).

1. Value retention: This asset allows users to hold a digital, on-chain representation of the IEMG ETF, potentially reducing exposure to crypto-market volatility by diversifying into emerging market equities.
2. Yield generation: Dividends from the underlying ETF are automatically reinvested into the token value; for example, one IEMGon token may represent slightly more than one share of IEMG over time as yield accumulates.
3. Cross-border settlement / value transfer: It facilitates the capability for international transfer of emerging market equity value, enabling frictionless cross-border movement of traditional financial exposure.
4. Collateralization: As a tokenized financial instrument, it can be used as backing for borrowing and lending protocols within the Ondo ecosystem or other supported DeFi platforms.

How Does iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) Work?

IEMGon functions as a tokenized share of the underlying IEMG ETF. When a user mints the token, the issuer purchases the corresponding shares of the ETF through a regulated broker, Alpaca Securities. These shares are held in custody to back the tokens 1:1, adjusted for reinvested dividends. The process utilizes smart contracts on networks such as Ethereum and Solana to manage the issuance and tracking of ownership. The asset does not serve as gas for any network; instead, it is an application utility token within the Ondo Global Markets framework.

Team Info and Investors

The asset is issued by Ondo Finance, a protocol focused on bringing institutional-grade financial products on-chain. The underlying brokerage services are provided by Alpaca Securities LLC, a member of FINRA and SIPC. While specific early-stage investors for this individual ETF token are not detailed in available sources, Ondo Finance has documented backing from major venture capital firms in its broader protocol development.

Where can you buy iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF)?

IEMGON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) is LBank, where the most active trading pair IEMGON/USDT has a trading volume of $649,688.68 in the last 24 hours. Other popular options include Ondo Stocks and MEXC.

What is the daily trading volume of iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON)?

The trading volume of iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON) is $710,775.99 in the last 24 hours, representing a -2.30% 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 Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON)?

iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON) reached an all-time high of $129.85 and an all-time low of $60.86. It’s now trading -37.50% below that peak and 33.30% above its lowest price.

What is the market cap of iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON)?

Market capitalization of iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON) is $9,771,393 and is ranked #1128 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of IEMGON tokens (120 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON)?

The fully diluted valuation (FDV) of iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON) is $9,771,393. This is a statistical representation of the maximum market cap, assuming total number of 120 Thousand ETH tokens are in circulation today.

How does the price performance of iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) compare against its peers?

With a price increase of 5.40% in the last 7 days, iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON) is outperforming the global cryptocurrency market which is down -0.60%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON) to MetaMask?

Adding iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF) (IEMGON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import IEMGON as a token. You can copy IEMGON’s contract address (0xcdd60d15125bf3362b6838d2506b0fa33bc1a515) and import it manually, or if you've installed MetaMask's chrome extension, add IEMGON to MetaMask with one click on CoinGecko.

Add IEMGON to MetaMask.