NOWon represents the tokenized form of ServiceNow issued by Ondo, providing holders with economic benefits comparable to owning NOW shares while automatically reinvesting dividends. Through Ondo’s tokenized stock platform, retail and institutional participants outside the United States can mint and redeem tokens linked to U.S. equities and ETFs 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.