iShares International Country Rotation Active ETF (Ondo Tokenized)

COROON Price

About iShares International Country Rotation Active ETF (Ondo Tokenized) (COROon)

iShares International Country Rotation Active ETF (Ondo Tokenized) is a digital asset that provides investors with economic exposure to the iShares International Country Rotation Active ETF (CORO) through blockchain technology.

• The token enables non-US retail and institutional users to instantly mint and redeem tokenized ETFs 24 hours a day, five days a week.
• Holders receive economic benefits similar to holding the underlying CORO ETF, including the value of reinvested dividends.
• The project bridges traditional equity market liquidity with decentralized networks including Ethereum, BNB Chain, and Solana.

What Is iShares International Country Rotation Active ETF (Ondo Tokenized)

iShares International Country Rotation Active ETF (Ondo Tokenized) is a tokenized financial instrument designed to bring institutional-grade exchange-traded funds (ETFs) onto the blockchain. It functions as a Real World Asset (RWA), allowing users to gain exposure to global country rotation strategies without requiring a traditional brokerage account.

Value moves through the system by tracking the price and performance of the underlying iShares CORO ETF. The token is put to work as a highly liquid digital representation of a diversified stock portfolio, which can be held for long-term exposure or potentially used within supported decentralized finance (DeFi) protocols. This system scales by expanding the range of tokenized assets available under the Ondo Global Markets umbrella, increasing the total liquidity available to on-chain investors.

What Makes iShares International Country Rotation Active ETF (Ondo Tokenized) Unique

• Enhanced Accessibility: It provides a pathway for eligible non-US investors to access US-listed ETFs with full access to traditional exchange liquidity.
• Continuous Operation: Unlike traditional stock exchanges that operate on fixed hours, the token allows for minting and redemption 24 hours a day, five days a week.
• Cross-Chain Availability: The asset is natively supported on multiple blockchains, facilitating seamless value transfer across the Ethereum, BNB Chain, and Solana ecosystems.
• Regulated Infrastructure: The underlying brokerage services are provided by Alpaca Securities LLC, a member of FINRA and SIPC, ensuring institutional-grade management of the backing assets.

What Can You Use iShares International Country Rotation Active ETF (Ondo Tokenized) for?

• Portfolio Diversification: Users can gain exposure to a managed international country rotation strategy directly from their digital wallets.
• Dividend Capture: The token is structured to provide holders with the economic value of dividends distributed by the underlying ETF, which are reinvested into the asset.
• On-Chain Collateral: As a tokenized security, it may serve as collateral in compliant lending and borrowing applications, bridging traditional financial value with decentralized systems.
• 24/5 Liquidity Management: Investors can move in and out of their positions with near-instant settlement, bypassing the multi-day settlement periods typical of traditional finance.

How Does iShares International Country Rotation Active ETF (Ondo Tokenized) Work?

The token operates through a process called tokenization, where the ownership rights and economic exposure of the underlying ETF are recorded on a blockchain. When a user mints a token, the issuer, Ondo Global Markets (BVI) Limited, coordinates the purchase of the corresponding shares of the iShares International Country Rotation Active ETF through its brokerage partner.

As an application utility token within the Ondo Finance ecosystem, the asset relies on smart contracts to automate the issuance and redemption processes. Protocol service fees may apply to manage the operational costs of maintaining the link between the on-chain tokens and the off-chain securities. The system ensures that each token is backed by the economic value of the underlying traditional financial instrument.

Team Info and Investors

The token is issued by Ondo Global Markets (BVI) Limited, a British Virgin Islands business company. The technical infrastructure and tokenization services are provided by Ondo Finance Inc., a Delaware-based corporation specializing in the development of Real World Asset protocols.

The project is led by a team with backgrounds in traditional finance and decentralized technology. While specific early-stage investor details for this specific token are not detailed in the primary source material, the broader Ondo ecosystem has established partnerships with institutional entities such as Alpaca Securities LLC to manage the underlying brokerage and custodial requirements for its tokenized offerings.

Where can you buy iShares International Country Rotation Active ETF (Ondo Tokenized)?

COROON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade iShares International Country Rotation Active ETF (Ondo Tokenized) is Ondo Global Markets, where the most active trading pair COROON/USDON has a trading volume of $49.77 in the last 24 hours.

What is the daily trading volume of iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON)?

The trading volume of iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON) is $49.77 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 iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON)?

iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON) reached an all-time high of $37.28 and an all-time low of $36.59. It’s now trading -0.70% below that peak and 1.10% above its lowest price.

What is the market cap of iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON)?

Market capitalization of iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON) is $158.54 and is ranked #12578 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of COROON tokens (4.3 tokens are tradable on the market today).

What is the fully diluted valuation of iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON)?

The fully diluted valuation (FDV) of iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON) is $158.54. This is a statistical representation of the maximum market cap, assuming total number of 4 ETH tokens are in circulation today.

How does the price performance of iShares International Country Rotation Active ETF (Ondo Tokenized) compare against its peers?

With a price increase of 0.00% in the last 7 days, iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON) is outperforming 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 iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON) to MetaMask?

Adding iShares International Country Rotation Active ETF (Ondo Tokenized) (COROON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import COROON as a token. You can copy COROON’s contract address (0x744f87836d961e08b9305c690d663577718a0d0a) and import it manually, or if you've installed MetaMask's chrome extension, add COROON to MetaMask with one click on CoinGecko.

Add COROON to MetaMask.