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About United States Oil Tokenized Fund (Ondo)
United States Oil Tokenized Fund Introduction
USOON represents a digital token created by Ondo Finance, signifying a tokenized version of United States Oil. This forward-thinking initiative allows retail and institutional investors to seamlessly mint and redeem these tokens, thereby granting them access to U.S. stocks and ETFs' liquidity five days a week on a 24-hour basis. This innovative bridge merges traditional asset classes with the agility of digital trading, enhancing liquidity and accessibility for investors worldwide.
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United States Oil Tokenized Fund (Ondo) news
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BlackRock's Robbie Mitchnick says demand to convert bitcoin into IBIT shares in kind is at a record, with security the top reason as kidnappings and hacks rise.
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