NVIDIA (Ondo Tokenized Stock)

NVIDIA (Ondo Tokenized Stock), with the symbol NVDAon, is a token offered on Ondo Finance's Ondo Global Markets platform that provides economic exposure to NVDA shares of NVIDIA Corporation. According to Ondo, these tokens are issued by Ondo Global Markets (BVI) Limited, established in the British Virgin Islands. NVDAon is available on the Ethereum, BNB Chain, Solana and HyperEVM networks.

Ondo states that its tokenized stocks are fully backed by the underlying shares held with US broker-dealers and by cash in transit, and that an independent security agent holds a priority security interest for the benefit of token holders. The token is not an NVIDIA share and carries no voting right. According to Ondo's documentation, dividends are reinvested into the underlying share and reflected in the token price; over time, one token may therefore correspond to more than one share. The product is offered only to eligible persons outside the United States, and some countries are on its list of restricted jurisdictions.

Lzzo.com matches NVDAon by issuer and Ethereum contract address; the price comes from the US dollar reference data that DefiLlama publishes for this contract address. Because the raw token unit on Ethereum includes accumulated dividends, its price should not be compared one-to-one with the NVDA share price.