Cryptopedia - Costco Tokenized Stock (Ondo)
COSTon represents the Ondo-issued tokenized form of Costco, providing holders with economic benefits comparable to owning COST shares while automatically reinvesting dividends. Through Ondo’s tokenized stock platform, retail and institutional participants outside the United States can mint and redeem these U.S. equity and ETF tokens instantly. This service operates 24 hours a day, five days a week, offering complete access to traditional exchange liquidity, though further restrictions are in place.
