What is iShares Russell 2000 Value ETF (Ondo Tokenized ETF)?

Ondo Tokenized ETF represents the iShares Russell 2000 Value ETF, designated by the ticker IWNon. This token provides economic exposure akin to holding shares of the underlying ETF, including reinvestment of dividends.

The structure allows non-US retail and institutional investors to mint and redeem tokenized U.S. stocks and ETFs around the clock during business days. The token aims to facilitate access to traditional exchange liquidity, though additional restrictions are noted.