iShares Systematic Alternatives Active ETF (Ondo Tokenized)

IALTON Price

About iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTon)

IALTon is a tokenized financial instrument that provides non-US investors with on-chain economic exposure to the iShares Systematic Alternatives Active ETF (IALT).

• The token tracks the total return of the underlying ETF, reflecting both price movements and reinvested dividends or interest.
• It enables 24/5 minting and redemption via stablecoins, utilizing traditional market liquidity while maintaining 24/7 peer-to-peer transferability.
• The asset is issued on multiple blockchains, including Ethereum, BNB Chain, and Solana, to facilitate integration within the decentralized finance (DeFi) ecosystem.

What Is iShares Systematic Alternatives Active ETF (Ondo Tokenized)

IALTon is a digital representation of the iShares Systematic Alternatives Active ETF, issued through the Ondo Global Markets platform. It is part of a broader suite of tokenized assets designed to bridge traditional public securities with blockchain technology. The primary value proposition of IALTon is providing investors outside the United States with a way to access institutional-grade investment products using digital wallets.

The token functions as a total-return tracker. This means that when the underlying ETF generates dividends or interest, these values are reinvested into the token's economic value, net of applicable withholding taxes. This mechanism allows holders to gain exposure similar to owning the physical ETF without requiring a traditional brokerage account. As the Ondo Finance ecosystem grows, IALTon serves as a core Real World Asset (RWA) that can be utilized in various on-chain financial applications.

What Makes iShares Systematic Alternatives Active ETF (Ondo Tokenized) Unique

• 24/5 Institutional Liquidity: Unlike many synthetic assets, IALTon inherits liquidity directly from traditional markets through instant minting and redemption processes, which are available five days a week.
• Total-Return Mechanism: The token is designed to mirror the full economic performance of the IALT ETF, including reinvested yields, rather than just tracking the spot price.
• Bankruptcy-Remote Structure: The asset is issued using legal frameworks designed to protect token holders by ensuring the underlying collateral is held in a bankruptcy-remote vehicle.
• Cross-Chain Availability: IALTon is natively available on Ethereum, BNB Chain, and Solana, allowing for broad accessibility across major blockchain networks.

What Can You Use iShares Systematic Alternatives Active ETF (Ondo Tokenized) for?

• Portfolio Diversification: Investors can add exposure to traditional equity and alternative strategies represented by the IALT ETF to their on-chain portfolios.
• DeFi Collateral: The token is designed to be compatible with decentralized lending protocols, allowing users to borrow stablecoins against their tokenized ETF holdings.
• Global Value Transfer: As a transferable token, IALTon can be sent peer-to-peer across borders 24/7, bypassing the settlement delays associated with traditional securities.
• Stablecoin Redemptions: Users can redeem their IALTon tokens for stablecoins based on the cash value of the underlying asset at the time of the trade.

How Does iShares Systematic Alternatives Active ETF (Ondo Tokenized) Work?

IALTon operates through a combination of smart contracts and traditional financial custody. When a user mints the token, they provide stablecoins which are used by the issuer to purchase the corresponding iShares Systematic Alternatives Active ETF in the traditional market. These underlying securities are held by US-registered custodial broker-dealers, such as Alpaca Securities LLC.

The system uses an independent Verification Agent to review the backing of the tokens daily, while a Security Agent holds a first-priority security interest in the collateral to protect token holders. Redemptions are processed by selling the underlying ETF and returning the cash value in the form of stablecoins to the user. Transactions on the blockchain are subject to the native network's transaction fees, but the protocol itself does not function as a gas token.

Team Info and Investors

IALTon is a product of Ondo Global Markets, a subsidiary of Ondo Finance. The project is led by a team with experience in institutional finance and technology, including former executives from major financial institutions such as Goldman Sachs and Invesco. Ondo Finance has established partnerships with several industry leaders, including Morpho, Gauntlet, and Zodia Custody, to enhance the security and utility of its tokenized offerings. While specific early-stage investor lists for this particular token are not detailed in public documentation, the broader Ondo Finance ecosystem is supported by various venture capital firms and strategic partners in the blockchain space.

Where can you buy iShares Systematic Alternatives Active ETF (Ondo Tokenized)?

IALTON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade iShares Systematic Alternatives Active ETF (Ondo Tokenized) is Ondo Global Markets, where the most active trading pair IALTON/USDON has a trading volume of $199.61 in the last 24 hours.

What is the daily trading volume of iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON)?

The trading volume of iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON) is $199.59 in the last 24 hours, representing a 102.70% 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 Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON)?

iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON) reached an all-time high of $28.46 and an all-time low of $28.18. It’s now trading -0.40% below that peak and 0.60% above its lowest price.

What is the market cap of iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON)?

Market capitalization of iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON) is $357.81 and is ranked #12520 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of IALTON tokens (13 tokens are tradable on the market today).

What is the fully diluted valuation of iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON)?

The fully diluted valuation (FDV) of iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON) is $357.81. This is a statistical representation of the maximum market cap, assuming total number of 12 ETH tokens are in circulation today.

How does the price performance of iShares Systematic Alternatives Active ETF (Ondo Tokenized) compare against its peers?

With a price increase of 0.00% in the last 7 days, iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON) is outperforming the global cryptocurrency market which is down -0.40%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON) to MetaMask?

Adding iShares Systematic Alternatives Active ETF (Ondo Tokenized) (IALTON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import IALTON as a token. You can copy IALTON’s contract address (0x9ed446b5cc93803291bfda5346a5b634a93a500c) and import it manually, or if you've installed MetaMask's chrome extension, add IALTON to MetaMask with one click on CoinGecko.

Add IALTON to MetaMask.