NuScale Power (Ondo Tokenized)

SMRON Price

About NuScale Power (Ondo Tokenized) (SMRon)

NuScale Power (Ondo Tokenized) is a digital asset that provides investors with on-chain economic exposure to the stock price of NuScale Power Corp (SMR).

• The token functions as a total return tracker, designed to reflect the price performance of the underlying stock along with reinvested dividends.
• It enables non-US retail and institutional users to trade tokenized equity with 24/5 liquidity through traditional exchange markets.
• The asset is backed by physical securities held at regulated US custodians to ensure transparency and legal protection for holders.

What Is NuScale Power (Ondo Tokenized)

NuScale Power (Ondo Tokenized) is an on-chain representation of NuScale Power Corp, a leader in small modular reactor (SMR) technology. The token is issued by Ondo Global Markets (BVI) Limited and is part of a broader suite of tokenized assets that bridge traditional finance with decentralized ecosystems.

Value moves through the system by tracking the market price of the underlying NYSE-listed SMR stock. Unlike a direct share, the SMRon token is a total return tracker; it accounts for dividends by reinvesting them into the token's value, which may cause the token price to diverge from the share price over time. This mechanism allows the asset to scale as more investors seek exposure to energy infrastructure through blockchain-based rails.

What Makes NuScale Power (Ondo Tokenized) Unique

• Total Return Mechanism: Automatically reinvests dividends (net of withholding taxes) back into the token, providing compound economic exposure without requiring manual action from the holder.
• Atomic Minting and Redemption: Users can instantly mint or redeem tokens in a single transaction, providing a seamless bridge between stablecoins and equity exposure.
• Bankruptcy-Remote Structure: The tokens are issued through a special purpose vehicle (SPV) with independent directors, designed to protect asset backing even in the event of the issuer's insolvency.
• Cross-Chain Availability: The token is deployed across multiple networks, including Ethereum, BNB Chain, and Solana, enhancing its accessibility and utility in various decentralized environments.

What Can You Use NuScale Power (Ondo Tokenized) for?

• Global Equity Exposure: Non-US investors can gain exposure to US-listed energy companies without needing a traditional brokerage account.
• DeFi Integration: As a standard tokenized asset, it is designed to be compatible with decentralized finance protocols for potential use in lending, collateralization, or as a component in structured products.
• 24/5 Trading: While traditional stock markets have limited hours, the tokenization platform allows for extended trading availability, aligning with traditional exchange liquidity schedules.

How Does NuScale Power (Ondo Tokenized) Work?

NuScale Power (Ondo Tokenized) operates through a process called tokenization, where ownership rights are represented by digital tokens on a blockchain. The underlying SMR shares are purchased and held by a regulated custodian, such as Alpaca Securities LLC, on behalf of the issuer.

A third-party security agent holds a first-priority security interest in the underlying assets to protect tokenholders. The platform utilizes smart contracts to manage the minting and burning of SMRon tokens. When a user mints a token, the equivalent value in stablecoins is used to acquire the underlying stock; when they redeem, the stock is sold, and the value is returned to the user.

Team Info and Investors

The project is powered by Ondo Finance, a protocol focused on bringing institutional-grade financial products to the blockchain. The tokenization itself is managed by Ondo Global Markets (BVI) Limited in partnership with Backed Finance AG, which serves as the tokenizer. The ecosystem includes partners such as BitGo and Ledger for institutional-grade custody and security infrastructure. Governance and operational oversight are maintained by the Ondo team, though the token itself represents a contractual claim on the underlying assets rather than a voting share in the protocol's governance.

Where can you buy NuScale Power (Ondo Tokenized)?

SMRON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade NuScale Power (Ondo Tokenized) is Ondo Stocks, where the most active trading pair SMRON/USDON has a trading volume of $28.94 in the last 24 hours.

What is the daily trading volume of NuScale Power (Ondo Tokenized) (SMRON)?

The trading volume of NuScale Power (Ondo Tokenized) (SMRON) is $28.94 in the last 24 hours, representing a -0.30% 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 NuScale Power (Ondo Tokenized) (SMRON)?

NuScale Power (Ondo Tokenized) (SMRON) reached an all-time high of $11.83 and an all-time low of $7.26. It’s now trading -29.40% below that peak and 15.10% above its lowest price.

What is the market cap of NuScale Power (Ondo Tokenized) (SMRON)?

Market capitalization of NuScale Power (Ondo Tokenized) (SMRON) is $36,419.80 and is ranked #6003 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SMRON tokens (4.4 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of NuScale Power (Ondo Tokenized) (SMRON)?

The fully diluted valuation (FDV) of NuScale Power (Ondo Tokenized) (SMRON) is $36,419.80. This is a statistical representation of the maximum market cap, assuming total number of 4.4 Thousand ETH tokens are in circulation today.

How does the price performance of NuScale Power (Ondo Tokenized) compare against its peers?

With a price increase of 0.00% in the last 7 days, NuScale Power (Ondo Tokenized) (SMRON) is outperforming the global cryptocurrency market which is down -2.20%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add NuScale Power (Ondo Tokenized) (SMRON) to MetaMask?

Adding NuScale Power (Ondo Tokenized) (SMRON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SMRON as a token. You can copy SMRON’s contract address (0x0a600856eedce367ed49c3cd399775dc95d8bb5a) and import it manually, or if you've installed MetaMask's chrome extension, add SMRON to MetaMask with one click on CoinGecko.

Add SMRON to MetaMask.