Amazon (Ondo Tokenized Stock)

AMZNON Price

About Amazon (Ondo Tokenized Stock) (AMZNON)

Amazon (Ondo Tokenized Stock) (AMZNON) is a digital representation of Amazon.com, Inc. (AMZN) common stock, providing on-chain economic exposure to one of the world's largest technology and e-commerce companies.

Key features include:

• Provides tokenholders with economic benefits similar to holding AMZN stock, including the automatic reinvestment of dividends.
• Enables 24/7 instant minting and redemption for eligible non-US retail and institutional users.
• Leverages traditional exchange liquidity to ensure efficient trading and accurate value tracking of the underlying asset.

What Is Amazon (Ondo Tokenized Stock)

Amazon (Ondo Tokenized Stock) is part of the Ondo Global Markets suite, a product line designed to bridge traditional equities with the digital asset ecosystem. The AMZNON token allows users outside the United States to gain exposure to Amazon's stock price performance without needing a traditional brokerage account. Value moves through the system by tracking the price of the underlying AMZN shares, which are held in regulated custody to back the tokens 1:1.

The token is "put to work" by allowing investors to hold a liquid, blockchain-native version of a blue-chip equity. This facilitates the integration of traditional financial assets into decentralized finance, where they can be used for various on-chain activities. As the ecosystem grows, the protocol scales by expanding the range of supported assets and increasing the depth of liquidity available for instant settlement across multiple networks.

What Makes Amazon (Ondo Tokenized Stock) Unique

• 24/7 Accessibility: Unlike traditional stock exchanges that operate on fixed hours, AMZNON can be minted or redeemed at any time, providing continuous access to equity exposure.
• Dividend Reinvestment: Any dividends issued by the underlying Amazon stock are automatically reinvested into the tokenized asset (less applicable tax withholdings), simplifying the process for holders.
• On-chain Liquidity: By tokenizing the asset, Ondo Finance enables its use across multiple blockchain networks, enhancing its utility beyond simple price tracking.

What Can You Use Amazon (Ondo Tokenized Stock) for?

Amazon (Ondo Tokenized Stock) is an asset-pegged token representing Amazon stock.

1. Value retention: The asset allows users to maintain a digital, on-chain representation of Amazon stock, potentially reducing exposure to the broader cryptocurrency market's volatility by tying value to a traditional equity.
2. Yield generation: The source specifies that dividends are reinvested into the tokenized asset, providing a form of native yield derived from the underlying equity's performance.
3. Cross-border settlement / value transfer: AMZNON facilitates the global transfer of equity-linked value, allowing users in supported jurisdictions to move the economic equivalent of Amazon shares across borders with the speed and efficiency of blockchain technology.
4. Collateralization: The token can be used as backing for borrowing and lending protocols within the decentralized finance ecosystem, serving as high-quality collateral for on-chain financial operations.

How Does Amazon (Ondo Tokenized Stock) Work?

Amazon (Ondo Tokenized Stock) operates through a mechanism where each AMZNON token is backed 1:1 by real shares of Amazon common stock held in regulated custody. When a user mints the token, the issuer, Ondo Global Markets (BVI) Limited, acquires the equivalent amount of the underlying stock through traditional exchanges. Conversely, when tokens are redeemed, the underlying shares are sold to provide the corresponding value back to the user.

Users must pay network transaction fees in the native asset of the respective blockchain (such as ETH or SOL) to transfer or interact with AMZNON tokens. AMZNON itself does not serve as a fee token for these networks.

Team Info and Investors

The project is issued by Ondo Global Markets (BVI) Limited, a subsidiary of Ondo Finance. Ondo Finance is a leading protocol in the Real World Assets (RWA) sector, focused on bringing institutional-grade financial products to the blockchain. The team includes professionals with backgrounds in traditional finance and technology, aiming to enhance market transparency and accessibility. While specific individual investors for the AMZNON token are not listed in the provided source, Ondo Finance has documented backing from prominent venture capital firms in the digital asset space.

Where can you buy Amazon (Ondo Tokenized Stock)?

AMZNON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Amazon (Ondo Tokenized Stock) is Ondo Stocks, where the most active trading pair AMZNON/USDON has a trading volume of $1,887,090.16 in the last 24 hours. Other popular options include LBank and Gate.

What is the daily trading volume of Amazon (Ondo Tokenized Stock) (AMZNON)?

The trading volume of Amazon (Ondo Tokenized Stock) (AMZNON) is $2,848,697.58 in the last 24 hours, representing a 163.30% 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 Amazon (Ondo Tokenized Stock) (AMZNON)?

Amazon (Ondo Tokenized Stock) (AMZNON) reached an all-time high of $277.71 and an all-time low of $196.81. It’s now trading -11.90% below that peak and 24.40% above its lowest price.

What is the market cap of Amazon (Ondo Tokenized Stock) (AMZNON)?

Market capitalization of Amazon (Ondo Tokenized Stock) (AMZNON) is $9,561,955 and is ranked #1105 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of AMZNON tokens (39 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Amazon (Ondo Tokenized Stock) (AMZNON)?

The fully diluted valuation (FDV) of Amazon (Ondo Tokenized Stock) (AMZNON) is $9,582,192. This is a statistical representation of the maximum market cap, assuming total number of 39 Thousand ETH tokens are in circulation today.

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

With a price increase of 2.50% in the last 7 days, Amazon (Ondo Tokenized Stock) (AMZNON) is underperforming the global cryptocurrency market which is up 8.20%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Amazon (Ondo Tokenized Stock) (AMZNON) to MetaMask?

Adding Amazon (Ondo Tokenized Stock) (AMZNON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import AMZNON as a token. You can copy AMZNON’s contract address (0xbb8774fb97436d23d74c1b882e8e9a69322cfd31) and import it manually, or if you've installed MetaMask's chrome extension, add AMZNON to MetaMask with one click on CoinGecko.

Add AMZNON to MetaMask.