Coca-Cola (Ondo Tokenized Stock) (KOON)

Rank #1748

Coca-Cola (Ondo Tokenized Stock) is a tokenized version of KO, created to offer KOON holders economic exposure similar to that of holding KO and reinvesting dividends. In practice, KOON turns rights associated with a share into a tradable token in the crypto ecosystem, within Ondo's model.

What KOON represents in practice

By acquiring KOON, the objective is to track economic exposure aligned with holding KO, including the reinvestment of dividends according to how the product works. Thus, the token seeks to reflect the logic of participation in real-world assets through a tokenized format.

Minting and redeeming tokenized stocks

Ondo's tokenized stocks allow non-U.S. users, both retail and institutional, to mint and redeem U.S. tokenized stocks and ETFs 24 hours a day, five days a week. This access is provided with liquidity typical of trading on traditional exchanges, while observing the product's additional restrictions.

Purpose and use in the RWA ecosystem

Coca-Cola (Ondo Tokenized Stock) fits into the Real World Assets (RWA) universe, bringing traditional participation assets closer to a tokenized structure. For those seeking exposure via crypto, KOON functions as an interface for the underlying asset within the Ondo Tokenized Assets framework.

Where to learn more

To understand the rules and details applicable to access, minting, and redemption, the indicated reference is Ondo's portal at ondo.finance/global-markets.