Cryptopedia - ProShares UltraPro Short QQQ Tokenized Stock (Ondo)
SQQQon represents the Ondo tokenized iteration of the ProShares UltraPro Short QQQ. It provides token holders with economic exposure comparable to owning SQQQ, including the reinvestment of dividends. Through Ondo’s tokenized stock framework, institutional and retail participants outside the US can mint and redeem tokenized U.S. ETFs and stocks 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.
