Cryptopedia - SoFi Technologies Tokenized Stock (Ondo)
SOFIon represents the Ondo-issued tokenized form of SoFi Technologies, providing holders with economic benefits comparable to owning SOFI shares while automatically reinvesting dividends. Through Ondo’s tokenized stock platform, institutional and retail participants outside the US can mint and redeem tokens representing U.S. stocks and ETFs instantly. This service operates five days a week, 24 hours a day, offering complete access to traditional exchange liquidity, subject to further restrictions.
