Alphabet Class A (Ondo Tokenized Stock)

GOOGLON Price

About Alphabet Class A (Ondo Tokenized Stock) (GOOGLon)

GOOGLon is a tokenized financial asset issued by Ondo Finance that provides investors with on-chain economic exposure to Alphabet Inc. Class A common stock (GOOGL).

• Each GOOGLon token represents a claim on one share of Alphabet Class A stock, with any dividends automatically reinvested into the token value.
• The asset is designed to be bankruptcy remote and is backed by collateral held in a secure brokerage account with Alpaca Securities.
• GOOGLon enables non-U.S. retail and institutional investors to mint and redeem tokenized equities 24 hours a day, bypassing traditional market hours.

What Is Alphabet Class A (Ondo Tokenized Stock)

GOOGLon is a digital representation of Alphabet Inc. Class A stock, part of the Ondo Global Markets initiative to bring Real World Assets (RWA) to decentralized finance. Value moves through the system by mirroring the price performance of the underlying GOOGL shares, which are held by the issuer's special purpose vehicle.

The token is put to work as a liquid, on-chain instrument that can be traded, used as collateral, or held for long-term exposure to the technology sector. As the ecosystem grows, this model scales by allowing more traditional securities to be tokenized and integrated into the global liquidity pool of various protocols.

What Makes Alphabet Class A (Ondo Tokenized Stock) Unique

• 24/7 Liquidity: Unlike traditional stock exchanges, GOOGLon can be minted, redeemed, or traded at any time, providing continuous access to equity markets.
• Bankruptcy Remoteness: The structure ensures that the underlying assets are legally separated from the issuer's balance sheet, protecting token holders from issuer-related financial risks.
• Dividend Reinvestment: The token's value is adjusted to reflect the reinvestment of dividends, simplifying the holding experience for long-term investors.
• Cross-Chain Availability: It is deployed across multiple networks including Ethereum, BNB Chain, Solana, and HyperEVM to maximize accessibility.

What Can You Use Alphabet Class A (Ondo Tokenized Stock) for?

• Portfolio Diversification: Gain exposure to one of the world's largest technology companies directly from a cryptocurrency wallet.
• Collateralization: Use tokenized equities as backing for loans or margin in decentralized lending and derivative platforms.
• Instant Settlement: Benefit from the near-instant finality of blockchain transactions for equity transfers, avoiding the T+2 settlement cycle of traditional finance.
• Global Access: Provides a compliant pathway for qualified non-U.S. investors to access the U.S. stock market.

How Does Alphabet Class A (Ondo Tokenized Stock) Work?

Ondo Finance utilizes a legal and technical framework where the underlying GOOGL shares are purchased and held by a special purpose vehicle (SPV). The SPV issues GOOGLon tokens on-chain, which are 1:1 backed by the shares held in a brokerage account at Alpaca Securities.

Daily and monthly attestation reports are provided to verify that the on-chain supply matches the off-chain collateral. Users can mint new tokens by depositing stablecoins or redeem them for the underlying value, subject to KYC/AML and jurisdictional restrictions. The token does not serve as a network gas asset but rather as an application-specific financial instrument.

Team Info and Investors

The project is developed by Ondo Finance, a team with backgrounds in traditional finance and technology. While specific early-stage investors for the GOOGLon token are not listed separately, the parent organization has received backing from prominent venture capital firms including Founders Fund, Pantera Capital, and Coinbase Ventures. Governance is managed by the Ondo team to ensure compliance with international securities regulations and operational security.

Where can you buy Alphabet Class A (Ondo Tokenized Stock)?

GOOGLON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Alphabet Class A (Ondo Tokenized Stock) is Gate, where the most active trading pair GOOGLON/USDT has a trading volume of $263,487.50 in the last 24 hours. Other popular options include KCEX and MEXC.

What is the daily trading volume of Alphabet Class A (Ondo Tokenized Stock) (GOOGLON)?

The trading volume of Alphabet Class A (Ondo Tokenized Stock) (GOOGLON) is $6,092,719.29 in the last 24 hours, representing a 20.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Alphabet Class A (Ondo Tokenized Stock) (GOOGLON)?

Alphabet Class A (Ondo Tokenized Stock) (GOOGLON) reached an all-time high of $407.56 and an all-time low of $206.54. It’s now trading -31.20% below that peak and 35.80% above its lowest price.

What is the market cap of Alphabet Class A (Ondo Tokenized Stock) (GOOGLON)?

Market capitalization of Alphabet Class A (Ondo Tokenized Stock) (GOOGLON) is $21,248,502 and is ranked #795 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of GOOGLON tokens (76 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Alphabet Class A (Ondo Tokenized Stock) (GOOGLON)?

The fully diluted valuation (FDV) of Alphabet Class A (Ondo Tokenized Stock) (GOOGLON) is $21,248,502. This is a statistical representation of the maximum market cap, assuming total number of 76 Thousand ETH tokens are in circulation today.

How does the price performance of Alphabet Class A (Ondo Tokenized Stock) compare against its peers?

With a price decline of -0.60% in the last 7 days, Alphabet Class A (Ondo Tokenized Stock) (GOOGLON) is outperforming the global cryptocurrency market which is down -6.10%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are down -0.20%.

How to add Alphabet Class A (Ondo Tokenized Stock) (GOOGLON) to MetaMask?

Adding Alphabet Class A (Ondo Tokenized Stock) (GOOGLON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import GOOGLON as a token. You can copy GOOGLON’s contract address (0xba47214edd2bb43099611b208f75e4b42fdcfedc) and import it manually, or if you've installed MetaMask's chrome extension, add GOOGLON to MetaMask with one click on CoinGecko.

Add GOOGLON to MetaMask.