SOon represents the Ondo Tokenized iteration of Southern, providing token holders with economic benefits comparable to owning SO while automatically reinvesting dividends. Through Ondo’s tokenized stock framework, institutional and retail participants outside the US can mint and redeem tokenized U.S. equities and ETFs instantly. This service operates five days a week, 24 hours a day, offering complete access to traditional exchange liquidity, though further restrictions are in place.