What is iShares Core S&P 500 ETF (Ondo Tokenized ETF)?

iShares Core S&P 500 ETF (Ondo Tokenized ETF) is a tokenized version of the iShares Core S&P 500 ETF, allowing tokenholders to gain economic exposure akin to holding the traditional ETF. It facilitates the minting and redemption of tokenized U.S. stocks and ETFs for users globally, outside the U.S., on a continuous basis during market hours.

The Ondo Tokenized ETF enables reinvestment of dividends while providing full access to the liquidity of traditional exchanges. The project is designed to serve both retail and institutional users, although certain restrictions may apply.