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