Cryptopedia - Johnson & Johnson Tokenized Stock (Ondo)
JNJon represents the Ondo-issued tokenized form of Johnson & Johnson stock. It provides holders with economic benefits comparable to owning JNJ shares, including the reinvestment of dividends. Through Ondo’s tokenized stock platform, institutional and retail investors outside the United States can mint and redeem these tokens for U.S. stocks and ETFs. This service operates 24 hours a day, five days a week, offering complete access to traditional exchange liquidity, though further restrictions are in place.
