iShares TIPS Bond ETF (Ondo Tokenized ETF)

TIPON Price

About iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPon)

TIPon is a tokenized representation of the iShares TIPS Bond ETF, providing non-U.S. investors with on-chain exposure to inflation-protected U.S. Treasury bonds.

• Offers economic exposure to the iShares TIPS Bond ETF (TIP) including reinvested dividends.
• Facilitates 24/5 instant minting and redemption for non-U.S. retail and institutional users.
• Operates within the Ondo Global Markets infrastructure to bridge traditional finance and decentralized ecosystems.

What Is iShares TIPS Bond ETF (Ondo Tokenized ETF)

TIPon is a digital asset issued by Ondo Finance that tracks the performance of the iShares TIPS Bond ETF (TIP). This product allows global users to access the economic benefits of U.S. Treasury Inflation-Protected Securities (TIPS) through a blockchain-native format.

Value moves through the system via the Ondo Global Markets platform, where eligible users can mint tokens by depositing assets and redeem them for the underlying value of the ETF shares. The token is "put to work" by providing holders with economic exposure to a basket of inflation-protected U.S. Treasury bonds, with any dividends generated by the underlying ETF being reinvested to increase the token's value over time.

This mechanism scales as more Real World Assets (RWA) are integrated into decentralized finance, allowing for deeper liquidity and broader institutional adoption of tokenized securities across various blockchain networks.

What Makes iShares TIPS Bond ETF (Ondo Tokenized ETF) Unique

• 24/5 Market Access: Provides availability for trading and settlement five days a week, bypassing the restricted hours and geographic limitations of traditional stock exchanges.
• Direct ETF Representation: Offers a direct, on-chain representation of a major U.S. exchange-traded fund, specifically targeting inflation protection through TIPS.
• Institutional Compliance: Maintains institutional-grade compliance standards, specifically designed to meet the regulatory requirements for non-U.S. retail and institutional participants.

What Can You Use iShares TIPS Bond ETF (Ondo Tokenized ETF) for?

The pegged asset for this token is the iShares TIPS Bond ETF.

1. Value retention: Allows users to hold a digital, on-chain representation of the iShares TIPS Bond ETF, potentially hedging against inflation through the underlying Treasury Inflation-Protected Securities (TIPS) exposure.
2. Yield generation: Provides economic exposure to the dividends of the underlying ETF, which are reinvested into the token value; users may also utilize TIPon in decentralized lending or liquidity provisioning where supported.
3. Cross-border settlement / value transfer: Enables the global, frictionless transfer of inflation-protected bond exposure across supported blockchain networks like Ethereum and Solana.
4. Collateralization: Can be used as backing for borrowing and lending protocols or as margin for decentralized derivatives, subject to protocol support and regional restrictions.

How Does iShares TIPS Bond ETF (Ondo Tokenized ETF) Work?

TIPon functions through the tokenization of the underlying iShares TIPS Bond ETF shares, which are held in custody by regulated financial institutions. The process ensures that each token represents a claim on the economic value of the underlying securities.

The Ondo Global Markets platform handles the minting and redemption process, ensuring that each TIPon token is backed by the corresponding value of the ETF. This bridge between traditional brokerage accounts and blockchain ledgers allows for the seamless movement of value between the two environments.

Users interacting with the protocol may incur protocol service fees for minting, redemption, or other administrative actions. These fees are processed according to the Ondo ecosystem's rules and are distinct from network-level gas fees required to process transactions on the underlying blockchain.

Team Info and Investors

TIPon is part of the Ondo Tokenized Assets category, issued and managed by Ondo Finance. The project is led by a team with extensive experience in traditional finance and decentralized technology, aiming to democratize access to institutional-grade financial products.

While specific early-stage investors for the TIPon token itself are not detailed in the source material, the issuer, Ondo Finance, has documented backing from major venture capital firms in the crypto and fintech sectors. The governance and operational oversight of the tokenized assets are managed through the Ondo Finance infrastructure to maintain security and transparency for token holders.

Where can you buy iShares TIPS Bond ETF (Ondo Tokenized ETF)?

TIPON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade iShares TIPS Bond ETF (Ondo Tokenized ETF) is LBank, where the most active trading pair TIPON/USDT has a trading volume of $361,689.96 in the last 24 hours. Other popular options include Ondo Stocks and MEXC.

What is the daily trading volume of iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPON)?

The trading volume of iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPON) is $417,591.82 in the last 24 hours, representing a -1.60% 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 TIPS Bond ETF (Ondo Tokenized ETF) (TIPON)?

iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPON) reached an all-time high of $132.75 and an all-time low of $108.04. It’s now trading -16.40% below that peak and 2.80% above its lowest price.

What is the market cap of iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPON)?

Market capitalization of iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPON) is $11,118,625 and is ranked #1070 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TIPON tokens (100 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPON)?

The fully diluted valuation (FDV) of iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPON) is $11,118,625. This is a statistical representation of the maximum market cap, assuming total number of 100 Thousand ETH tokens are in circulation today.

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

With a price decline of -0.10% in the last 7 days, iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPON) is underperforming the global cryptocurrency market which is down 0.00%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPON) to MetaMask?

Adding iShares TIPS Bond ETF (Ondo Tokenized ETF) (TIPON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import TIPON as a token. You can copy TIPON’s contract address (0x2df38ca485d01fc15e4fd85847ed26b7ef871c1c) and import it manually, or if you've installed MetaMask's chrome extension, add TIPON to MetaMask with one click on CoinGecko.

Add TIPON to MetaMask.