iShares MSCI EAFE Value ETF (Ondo Tokenized)

EFVON Price

iShares MSCI EAFE Value ETF (Ondo Tokenized) (EFVON) Price Today

The price of iShares MSCI EAFE Value ETF (Ondo Tokenized) (EFVON) is $0.00 today with a 24-hour trading volume of $0.00. This represents a 0.0% price increase in the last 24 hours.

About iShares MSCI EAFE Value ETF (Ondo Tokenized) (EFVon)

iShares MSCI EAFE Value ETF (Ondo Tokenized) is a digital representation of the iShares MSCI EAFE Value ETF, providing on-chain economic exposure to a diversified portfolio of international value stocks.

• The token enables non-US retail and institutional users to access traditional exchange liquidity through instant minting and redemptions.
• EFVon functions as a total-return tracker, reflecting both the price movements of the underlying ETF and the reinvestment of dividends.
• Issued by Ondo Global Markets, the asset is designed for high transparency with daily verification of its backing by independent agents.

What Is iShares MSCI EAFE Value ETF (Ondo Tokenized)

iShares MSCI EAFE Value ETF (Ondo Tokenized), designated by the ticker EFVon, is a financial instrument that brings the exposure of the iShares MSCI EAFE Value ETF (EFV) to the blockchain. The primary value proposition is to provide investors outside the United States with a way to hold and trade international equity exposure in a digital format. Value moves through the system by mirroring the performance of the underlying EFV shares held in custody.

The token is "put to work" by allowing holders to maintain exposure to traditional market returns while benefiting from the efficiency of blockchain technology. It acts as a total-return asset, meaning that any dividends or interest generated by the underlying ETF are reinvested into the asset (net of withholding taxes), effectively increasing the economic value for token holders. This mechanism scales as the Ondo Global Markets ecosystem grows, allowing for a broader range of tokenized securities to be integrated into decentralized financial systems.

What Makes iShares MSCI EAFE Value ETF (Ondo Tokenized) Unique

• 24/5 Minting and Redemption: Unlike traditional markets, users can mint and redeem EFVon nearly 24 hours a day, five days a week, aligning with global trading sessions.
• Traditional Liquidity Integration: The asset inherits the deep liquidity of traditional stock exchanges through its direct connection to underlying ETF shares.
• Bankruptcy-Remote Legal Structure: The tokens are issued using a legal framework designed to maximize bankruptcy remoteness, providing a layer of protection for token holders.
• Cross-Chain Availability: EFVon is deployed across multiple blockchain networks, including Ethereum, Solana, and BNB Chain, facilitating broad accessibility.

What Can You Use iShares MSCI EAFE Value ETF (Ondo Tokenized) for?

EFVon is pegged to the iShares MSCI EAFE Value ETF (EFV). Its primary use cases include:

1. Value retention: The asset allows users to hold a digital, on-chain representation of the iShares MSCI EAFE Value ETF, providing a way to diversify a crypto-native portfolio with exposure to international value equities while potentially reducing exposure to crypto-market volatility.
2. Yield generation: Token holders receive economic exposure to the dividends generated by the underlying EFV shares. These dividends are reinvested into the asset, providing a native yield that mirrors the total return of the traditional ETF.
3. Cross-border settlement / value transfer: As a transferable token, EFVon can be used for international value transfer, allowing for the frictionless movement of equity-backed value across supported blockchain networks outside the United States.
4. Collateralization: EFVon is designed to be DeFi compatible, enabling its use as collateral in decentralized lending protocols or as margin for derivatives, subject to platform support.

How Does iShares MSCI EAFE Value ETF (Ondo Tokenized) Work?

The technical mechanism of EFVon relies on a process known as tokenization, where a physical or financial asset is represented as a digital token on a blockchain. Each EFVon token is fully backed by shares of the iShares MSCI EAFE Value ETF or cash held in custody by US-registered custodial broker-dealers, such as Alpaca Securities LLC.

To ensure transparency and security, an independent Verification Agent reviews the asset backing daily. Additionally, a Security Agent holds a first-priority security interest in the collateral to protect token holders. Users can mint or redeem tokens for the cash value of the underlying asset, with the process generally available from Sunday evening to Friday evening Eastern Time. Transaction fees for transferring the token on-chain are determined by the network gas fees of the respective blockchain (e.g., Ethereum or Solana) rather than the token itself.

Team Info and Investors

EFVon is a product of Ondo Global Markets (BVI) Limited, an affiliate of Ondo Finance Inc. Ondo Finance is a prominent player in the Real World Assets (RWA) sector, focused on bridging institutional-grade finance with blockchain technology. The project utilizes brokerage services from Alpaca Securities LLC, a member of FINRA and SIPC. While specific early-stage investors for this individual token are not detailed in the source, Ondo Finance has a documented history of working with established financial institutions and technology partners to build its tokenization infrastructure.

Where can you buy iShares MSCI EAFE Value ETF (Ondo Tokenized)?

EFVON tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade iShares MSCI EAFE Value ETF (Ondo Tokenized) is N/A, where the most active trading pair efvon/USDC has a trading volume of $0.00 in the last 24 hours.

What is the liquidity of iShares MSCI EAFE Value ETF (Ondo Tokenized) (EFVON)?

The total liquidity of iShares MSCI EAFE Value ETF (Ondo Tokenized) is $49.00. If you own EFVON tokens, liquidity of the token is low and prices may differ drastically. Proceed with caution.

What is the liquidity of iShares MSCI EAFE Value ETF (Ondo Tokenized) (EFVON)?

The fully diluted valuation (FDV) of iShares MSCI EAFE Value ETF (Ondo Tokenized) (EFVON) is $0.00. This is a statistical representation of the maximum market cap, assuming the maximum number of EFVON tokens are in circulation today.