Skyworks Solutions (Ondo Tokenized)

SWKSON Price

About Skyworks Solutions (Ondo Tokenized) (SWKSon)

Skyworks Solutions (Ondo Tokenized) is a digital representation of the equity in Skyworks Solutions Inc., providing onchain exposure to the economic performance of the underlying stock.

• The token enables non-US retail and institutional investors to mint and redeem tokenized US stocks with traditional exchange liquidity.
• SWKSon is designed as a total-return tracker, reflecting both price movements and reinvested dividends.
• Tokenholders can trade the asset peer-to-peer 24/7 or use it as collateral within supported decentralized finance applications.

What Is Skyworks Solutions (Ondo Tokenized)

Skyworks Solutions (Ondo Tokenized) is an onchain financial instrument that mirrors the value of Skyworks Solutions Inc. (SWKS). It is part of the Ondo Global Markets platform, which aims to bridge the gap between traditional public securities and blockchain technology. The primary mission of the project is to provide global access to US-listed securities through asset tokenization, a process that records ownership rights on a blockchain.

Value moves through the system via the minting and redemption process, where investors can exchange stablecoins for SWKSon tokens. The token is "put to work" by allowing investors to maintain exposure to traditional equity markets while keeping their assets within the crypto ecosystem. This utility scales as more DeFi protocols integrate the token, enabling its use in lending markets, derivatives, and other onchain financial services.

What Makes Skyworks Solutions (Ondo Tokenized) Unique

• Traditional Market Integration: Unlike synthetic assets, SWKSon is backed by actual US stocks, ETFs, and cash held with US broker-dealers.
• 24/5 Liquidity Access: Users can mint and redeem tokens five days a week, inheriting the liquidity of the underlying traditional stock exchanges.
• Total Return Tracking: The token is designed to reflect the total return of the underlying stock, including the reinvestment of dividends net of withholding taxes.
• Cross-Chain Availability: SWKSon is issued across multiple major networks, including Ethereum, Solana, and the BNB Chain ecosystem.

What Can You Use Skyworks Solutions (Ondo Tokenized) for?

• Onchain Equity Exposure: Investors can hold a digital representation of Skyworks Solutions Inc. to gain exposure to the semiconductor industry without leaving the blockchain environment.
• Collateralization: SWKSon can be used as collateral in supported lending protocols, allowing users to borrow against their tokenized stock holdings.
• 24/7 Trading: While minting and redemption follow traditional market hours, the tokens can be traded peer-to-peer on secondary markets at any time.
• Portfolio Diversification: The asset allows crypto-native investors to diversify their portfolios into traditional equities using familiar blockchain tools.

How Does Skyworks Solutions (Ondo Tokenized) Work?

Skyworks Solutions (Ondo Tokenized) operates through a bankruptcy-remote legal structure where tokens are issued by Ondo Global Markets (BVI) Limited. The process involves a Security Agent who holds a first-priority security interest in the collateral, which includes the underlying stocks and cash, to protect tokenholders.

When a user mints SWKSon, the platform purchases the equivalent value of the underlying stock through a US-registered broker-dealer. The tokens are then issued to the user's wallet. Redemptions work in reverse, where tokens are burned and the cash value of the underlying asset is returned to the user in the form of stablecoins. This mechanism ensures that the token supply is always aligned with the assets held in custody.

Team Info and Investors

The project is developed by Ondo Finance, a leader in the Real World Asset (RWA) space. The team includes professionals with backgrounds from major financial institutions, such as the former head of the Invesco ETF business. Ondo Finance has secured backing from prominent venture capital firms and has established partnerships with various blockchain infrastructure providers and custodians to ensure the security and transparency of its tokenized products.

Where can you buy Skyworks Solutions (Ondo Tokenized)?

SWKSON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Skyworks Solutions (Ondo Tokenized) is Ondo Stocks, where the most active trading pair SWKSON/USDON has a trading volume of $317.06 in the last 24 hours.

What is the daily trading volume of Skyworks Solutions (Ondo Tokenized) (SWKSON)?

The trading volume of Skyworks Solutions (Ondo Tokenized) (SWKSON) is $317.06 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 Skyworks Solutions (Ondo Tokenized) (SWKSON)?

Skyworks Solutions (Ondo Tokenized) (SWKSON) reached an all-time high of $92.23 and an all-time low of $55.47. It’s now trading -5.20% below that peak and 57.60% above its lowest price.

What is the market cap of Skyworks Solutions (Ondo Tokenized) (SWKSON)?

Market capitalization of Skyworks Solutions (Ondo Tokenized) (SWKSON) is $231.07 and is ranked #9178 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SWKSON tokens (2.6 tokens are tradable on the market today).

What is the fully diluted valuation of Skyworks Solutions (Ondo Tokenized) (SWKSON)?

The fully diluted valuation (FDV) of Skyworks Solutions (Ondo Tokenized) (SWKSON) is $331.12. This is a statistical representation of the maximum market cap, assuming total number of 3 ETH tokens are in circulation today.

How does the price performance of Skyworks Solutions (Ondo Tokenized) compare against its peers?

With a price increase of 28.50% in the last 7 days, Skyworks Solutions (Ondo Tokenized) (SWKSON) is outperforming the global cryptocurrency market which is down -2.60%, while outperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are down -1.70%.

How to add Skyworks Solutions (Ondo Tokenized) (SWKSON) to MetaMask?

Adding Skyworks Solutions (Ondo Tokenized) (SWKSON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SWKSON as a token. You can copy SWKSON’s contract address (0xc15f11599828b0afb0c071994679ef9e685f9e2e) and import it manually, or if you've installed MetaMask's chrome extension, add SWKSON to MetaMask with one click on CoinGecko.

Add SWKSON to MetaMask.