Procter & Gamble (Ondo Tokenized Stock) (PGON)

Rank #1982

Procter & Gamble (Ondo Tokenized Stock) is the PGON token, a tokenized version of Procter & Gamble aimed at offering holders economic exposure similar to holding PG and reinvesting dividends. In practice, PGON is part of Ondo's model for turning U.S. stocks and ETFs into tradable tokens.

How PGON tokenization works

PGON represents the tokenized structure associated with Procter & Gamble, seeking to align the tokenholder's experience with the logic of economic participation in the underlying asset. In addition, the process considers dividend reinvestment, according to the token's proposal.

What Ondo Tokenized Stock is used for

Ondo tokenized stocks were created to allow non-U.S. users, both retail and institutional, to issue and redeem tokenized U.S. stocks and ETFs. The proposal includes continuous access throughout the week, with trading 24 hours a day, five days a week.

Liquidity and access to the traditional market

The PGON model integrates the idea of access to traditional exchange liquidity, offering a form of participation through tokenization. Its use also involves additional restrictions, according to the rules provided by the Ondo platform.

Where PGON fits in the tokenized asset ecosystem

As Tokenized Assets and also within the Real World Assets (RWA) segment, Procter & Gamble (Ondo Tokenized Stock) exemplifies the application of tokenization for real-world assets. Thus, PGON is an example of Ondo Tokenized Assets aimed at structuring economic exposure through tokens.