iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF)

AGGON Price

About iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGon)

AGGon is a tokenized representation of the iShares Core US Aggregate Bond ETF, designed to provide on-chain investors with economic exposure to a broad range of United States investment-grade bonds.

• The token mirrors the performance of the underlying AGG exchange-traded fund, encompassing a wide universe of fixed-income securities.
• Holders receive exposure equivalent to holding the physical ETF shares, including the reinvestment of any dividends generated by the underlying assets.
• The asset is issued by Ondo Global Markets, enabling non-US institutional and retail users to access traditional market liquidity through blockchain infrastructure.

What Is iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF)

iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) is a Real World Assets (RWA) product that bridges traditional fixed-income markets with decentralized finance. By tokenizing the AGG ETF, the project allows value to move from traditional brokerage accounts onto the blockchain, where it can be traded or held 24 hours a day, five days a week.

Value in the system is derived directly from the underlying securities, which primarily consist of US Treasury notes and other investment-grade bonds. The token is put to work by providing a digital, liquid version of a bond portfolio that maintains a high degree of correlation with the traditional US bond market. As the Ondo ecosystem grows, the scalability of AGGon is supported by its availability across multiple blockchain networks, including Ethereum, BNB Chain, and Solana.

What Makes iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) Unique

• Direct ETF Exposure: Unlike many synthetic assets, AGGon is structurally designed to mirror a specific, highly liquid Tokenized Exchange-Traded Funds (ETFs) instrument.
• Bankruptcy Remoteness: The asset structure includes protections where the collateral is held in a bankruptcy-remote vehicle, providing a layer of security for token holders against the issuer's insolvency.
• Institutional-Grade Custody: The underlying securities are managed through established brokerage services, such as Alpaca Securities LLC, and are subject to daily and monthly attestation reports to verify collateralization.
• Cross-Chain Accessibility: The project leverages the interoperability of major networks to ensure the tokenized bond exposure can be utilized across different decentralized application environments.

What Can You Use iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) for?

• Portfolio Diversification: Investors can use AGGon to add fixed-income exposure to their digital asset portfolios, potentially reducing overall volatility compared to crypto-native assets.
• On-Chain Liquidity Provision: The token can be integrated into decentralized finance protocols to serve as a liquid asset for trading pairs or other financial activities.
• Yield Exposure: By holding the token, users gain exposure to the yield generated by the underlying bond portfolio, which is automatically reinvested to reflect the total return of the AGG ETF.
• Institutional Treasury Management: Non-US entities can utilize the token to manage on-chain cash reserves with exposure to low-risk, investment-grade debt instruments.

How Does iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) Work?

The technical mechanism of AGGon involves a process known as tokenization, where physical shares of the iShares Core US Aggregate Bond ETF are purchased and held by a regulated custodian. A smart contract then mints a corresponding number of AGGon tokens on a blockchain, such as Ethereum or Solana, which represent a claim on those underlying shares. Each token typically represents a specific fraction or multiple of the underlying ETF share, adjusted for factors like dividend reinvestment.

Transactions involving AGGon are subject to protocol service fees, which cover the costs of minting, redemption, and the maintenance of the legal and technical infrastructure. The system operates within a strict regulatory framework designed for non-US persons, ensuring that the issuance and redemption processes remain compliant with relevant international laws. This Real World Assets model ensures that for every token in circulation, there is a verified equivalent value held in traditional financial markets.

Team Info and Investors

AGGon is a product of Ondo Global Markets, an affiliate of the broader Ondo Finance ecosystem. The project is led by a team with backgrounds in both traditional finance and blockchain technology, focusing on the integration of institutional-grade financial products into decentralized networks. While specific early-stage investors for the AGGon token itself are not detailed in isolation, the parent organization has documented backing from prominent venture capital firms in the crypto and fintech space. Governance for the asset is typically managed by the issuer to ensure regulatory compliance and the operational integrity of the tokenization bridge.

Where can you buy iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF)?

AGGON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) is Gate, where the most active trading pair AGGON/USDT has a trading volume of $94,894.93 in the last 24 hours.

What is the daily trading volume of iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON)?

The trading volume of iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON) is $94,931.96 in the last 24 hours, representing a -14.20% 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 US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON)?

iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON) reached an all-time high of $107.89 and an all-time low of $91.45. It’s now trading -11.00% below that peak and 5.00% above its lowest price.

What is the market cap of iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON)?

Market capitalization of iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON) is $14,218,843 and is ranked #1024 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of AGGON tokens (150 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON)?

The fully diluted valuation (FDV) of iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON) is $14,218,843. This is a statistical representation of the maximum market cap, assuming total number of 150 Thousand ETH tokens are in circulation today.

How does the price performance of iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) compare against its peers?

With a price increase of 0.10% in the last 7 days, iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON) is outperforming the global cryptocurrency market which is down -2.90%, while outperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are down -1.30%.

How to add iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON) to MetaMask?

Adding iShares Core US Aggregate Bond ETF (Ondo Tokenized ETF) (AGGON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import AGGON as a token. You can copy AGGON’s contract address (0xff7cf16aa2ffc463b996db2f7b7cf0130336899d) and import it manually, or if you've installed MetaMask's chrome extension, add AGGON to MetaMask with one click on CoinGecko.

Add AGGON to MetaMask.