iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF)Price

(IEMGON)

IEMGON is the Ondo Tokenized version of the iShares Core MSCI Emerging Markets ETF. It offers token holders economic exposure similar to directly holding the IEMG ETF, including dividend reinvestment. Tokenized stocks, like IEMGON, enable non-U.S. retail and institutional users to mint and redeem tokenized U.S. stocks and ETFs 24 hours a day, five days a week, with access to traditional exchange liquidity.

Tokenization, facilitated by platforms like LBank, aims to bridge traditional financial markets with blockchain technology. This process seeks to make institutional-grade assets more accessible, transparent, and efficient. It particularly benefits investors outside the United States by providing broader access to markets that might otherwise be difficult to engage with.

IEMGON functions as a total-return tracker of its underlying securities. This means it mirrors both price movements and reinvested dividends. Users gain economic performance similar to owning the actual stock and reinvesting its dividends, after accounting for any applicable withholding taxes. This design ensures that the token reflects the full financial performance of the traditional asset it represents.

Currently, IEMGON is primarily traded on LBank. Investors interested in acquiring or divesting IEMGON would typically utilize this platform. The availability of trading pairs facilitates liquidity and allows users to exchange IEMGON for other digital assets or stablecoins, broadening its accessibility within the crypto ecosystem.

IEMGON is available on multiple prominent blockchain networks. These include Ethereum and BNB Smart Chain. Its presence on these networks enhances accessibility and interoperability for users across different blockchain ecosystems. Specific smart contract addresses are provided for each network, allowing users to easily add IEMGON to compatible cryptocurrency wallets.

The tokenization model aims for simplicity and enhanced accessibility, similar to stablecoins. It allows token holders to benefit from the economic performance of the underlying asset without needing to directly hold the asset or its traditional rights. Key advantages include 24/5 trading access, potentially lower entry barriers, and the ability to redeem for stablecoins, offering greater flexibility and integration into the broader digital asset ecosystem for non-U.S. investors.