iShares MSCI South Korea ETF (Ondo Tokenized) (EWYON)

Rank #2540

iShares MSCI South Korea ETF (Ondo Tokenized) (EWYON) is a tokenized version of the iShares MSCI South Korea ETF, designed to offer holders economic exposure similar to holding EWY, with dividend reinvestment. In practice, the token seeks to translate the product's dynamics into a tradable format on blockchain networks.

How EWYON delivers exposure to the ETF

EWYON represents the economic interest linked to the iShares MSCI South Korea ETF in tokenized form. Thus, those who hold the tokens maintain exposure equivalent to that of the underlying ETF, including the logic of dividend reinvestment.

Use: mint and redeem tokenized stocks and ETFs

Ondo's tokenized assets allow non-U.S. retail and institutional users to mint and redeem tokenized U.S. stocks and ETFs. The process operates 24 hours a day, five days a week, with access to liquidity similar to that of traditional exchange trading.

Liquidity and 24/5 operation

The goal of the model is to maintain the connection with market liquidity via a traditional exchange, adapting the operation to a 24/5 schedule. Even so, there are additional restrictions applicable to the use of the product.

Where EWYON fits in the RWA ecosystem

By combining RWA and tokenized ETF-type products, EWYON is positioned as an example of a Tokenized Exchange-Traded Product (ETP). Within this context, the focus is on the digital representation of traditional instruments and access to their economic behavior through tokens.