Microsoft (Ondo Tokenized Stock) (MSFTON)

Rank #1122

Microsoft (Ondo Tokenized Stock) (MSFTON) is a tokenized version of Microsoft on the Ondo platform, designed to offer holders economic exposure similar to holding MSFT. The proposal also includes the reinvestment of any dividends linked to the asset.

How MSFTON works

Instead of directly buying traditional stocks or ETFs, the user can use tokenization to gain exposure to the asset in an on-chain manner. The structure seeks to allow participants to mint and redeem tokenized U.S. stocks and ETFs.

The process takes place 24 hours a day, five days a week, with access to typical exchange liquidity. There are additional restrictions, as stated in the ecosystem documentation.

What Microsoft (Ondo Tokenized Stock) is used for

MSFTON was conceived to expand access to tokenized U.S. stock and ETF assets for non-U.S. audiences, both retail and institutional. This serves those seeking a tokenized way to track Microsoft's economic benchmark.

By aligning the token's behavior with the holding of the asset and the treatment of dividends, MSFTON seeks to reflect this dynamic for holders.

Tokenization, purpose, and ecosystem

As a Real World Asset (RWA) and Tokenized Stock, MSFTON is part of the movement to bring traditional financial instruments into the crypto environment. This type of asset seeks to reduce operational frictions associated with access, while maintaining a link to the underlying market.

Ondo's global markets website centralizes details on how these operations work and which conditions apply to the public.