Tesla (Ondo Tokenized Stock)

TSLAON Price

About Tesla (Ondo Tokenized Stock) (TSLAon)

TSLAon is a tokenized representation of Tesla stock, enabling on-chain economic exposure to the price performance and dividends of the underlying equity.

• Provides non-US investors with 24/7 access to mint and redeem tokenized U.S. stocks with traditional exchange liquidity.
• Offers economic exposure similar to holding Tesla (TSLA) shares, including the automatic reinvestment of dividends.
• Operates as a Real World Asset (RWA) across multiple blockchain networks, including Ethereum and Solana.

What Is Tesla (Ondo Tokenized Stock)

Tesla (Ondo Tokenized Stock) is a digital asset designed to provide investors with a blockchain-native way to gain exposure to Tesla Inc. (TSLA). It is part of the Ondo Global Markets initiative, which aims to bridge traditional finance and decentralized ecosystems.

Value moves through the system via a minting and redemption process where eligible users can exchange stablecoins for TSLAon tokens. The token is put to work by allowing holders to maintain equity exposure within decentralized finance environments, facilitating use cases such as collateralization or liquidity provisioning. As the ecosystem grows, this model scales by integrating more traditional securities into a single, interoperable on-chain marketplace.

What Makes Tesla (Ondo Tokenized Stock) Unique

• 24/5 liquidity access: While traditional stocks are limited to exchange hours, TSLAon can be traded or transferred on-chain 24/7, with minting and redemption available five days a week.
• Dividend reinvestment: The token automatically accounts for the value of dividends by reinvesting them, ensuring holders receive the full economic benefit of the underlying stock.
• Cross-chain compatibility: It is available on several major blockchains, enhancing its utility across different decentralized applications.

What Can You Use Tesla (Ondo Tokenized Stock) for?

Tesla (Ondo Tokenized Stock) is pegged to Tesla stock.

1. Value retention: The asset allows users to hold a digital, on-chain representation of Tesla stock, providing a way to maintain exposure to equity value and reduce direct exposure to cryptocurrency market volatility.
2. Yield generation: Holders receive economic exposure to dividends through reinvestment; additionally, the token may be used for liquidity provisioning or lending in supported decentralized protocols.
3. Cross-border settlement / value transfer: It enables the capability for frictionless cross-border transfer of Tesla stock value, allowing for international settlement without the delays of traditional brokerage systems.
4. Collateralization: The token can be used as backing for borrowing and lending protocols or as margin for derivatives, as supported by the Ondo ecosystem and third-party integrations.

How Does Tesla (Ondo Tokenized Stock) Work?

The token is issued by Ondo Global Markets (BVI) Limited. It functions as a Tokenized Stock where the issuer holds the underlying asset to ensure the token remains backed by the economic value of Tesla stock. The technical mechanism involves a legal and financial bridge where on-chain tokens represent claims on the economic performance of the off-chain asset. This allows for instant settlement and fractional ownership of high-value shares.

Team Info and Investors

The project is managed by Ondo Finance and its subsidiary, Ondo Global Markets (BVI) Limited. Ondo Finance has received backing from prominent venture capital firms, including Founders Fund, Pantera Capital, and Coinbase Ventures. The project operates with a focus on institutional-grade tokenization of real-world assets, governed by a structure that prioritizes compliance and security in international markets.

Where can you buy Tesla (Ondo Tokenized Stock)?

TSLAON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Tesla (Ondo Tokenized Stock) is Ondo Stocks, where the most active trading pair TSLAON/USDON has a trading volume of $406,725.84 in the last 24 hours. Other popular options include Gate and LBank.

What is the daily trading volume of Tesla (Ondo Tokenized Stock) (TSLAON)?

The trading volume of Tesla (Ondo Tokenized Stock) (TSLAON) is $2,936,378.58 in the last 24 hours, representing a 83.10% 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 Tesla (Ondo Tokenized Stock) (TSLAON)?

Tesla (Ondo Tokenized Stock) (TSLAON) reached an all-time high of $497.31 and an all-time low of $303.13. It’s now trading -38.90% below that peak and 0.20% above its lowest price.

What is the market cap of Tesla (Ondo Tokenized Stock) (TSLAON)?

Market capitalization of Tesla (Ondo Tokenized Stock) (TSLAON) is $14,916,090 and is ranked #942 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TSLAON tokens (49 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Tesla (Ondo Tokenized Stock) (TSLAON)?

The fully diluted valuation (FDV) of Tesla (Ondo Tokenized Stock) (TSLAON) is $14,916,090. This is a statistical representation of the maximum market cap, assuming total number of 49 Thousand ETH tokens are in circulation today.

How does the price performance of Tesla (Ondo Tokenized Stock) compare against its peers?

With a price decline of -18.50% in the last 7 days, Tesla (Ondo Tokenized Stock) (TSLAON) is underperforming the global cryptocurrency market which is down -3.60%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Tesla (Ondo Tokenized Stock) (TSLAON) to MetaMask?

Adding Tesla (Ondo Tokenized Stock) (TSLAON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import TSLAON as a token. You can copy TSLAON’s contract address (0xf6b1117ec07684d3958cad8beb1b302bfd21103f) and import it manually, or if you've installed MetaMask's chrome extension, add TSLAON to MetaMask with one click on CoinGecko.

Add TSLAON to MetaMask.