What is iShares Russell 1000 Growth ETF (Ondo Tokenized ETF)?

IWFon is a tokenized version of the iShares Russell 1000 Growth ETF, designed to provide tokenholders with economic exposure akin to holding IWF, including the reinvestment of dividends. This tokenization allows users outside the U.S., both retail and institutional, to mint and redeem tokenized U.S. stocks and ETFs at any time during market hours.

The Ondo platform facilitates access to traditional exchange liquidity for these tokenized assets. Additional restrictions may apply, although specific details are not mentioned. Further information about the operational aspects or governance model is not provided.