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About JD.com Tokenized Stock (Ondo)
What is JDON?
JD.com Tokenized Stock (Ondo)(JDON) is a blockchain-based token that tracks the economic exposure of JD.com stock rather than acting like a typical utility token. In simple terms, it aims to let eligible users access stock-linked price performance through a crypto asset format.The project information states that Ondo tokenized stocks allow non-US retail and institutional users to mint and redeem tokenized U.S. stocks and ETFs 24 hours a day, five days a week, subject to restrictions.
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