NFLXon represents the Ondo-issued tokenized form of Netflix. It provides holders with economic benefits comparable to owning NFLX shares, including the reinvestment of dividends. Through Ondo’s tokenized stock platform, retail and institutional participants outside the United States can mint and redeem tokens linked to U.S. stocks and ETFs. This service operates 24 hours a day, five days a week, offering complete access to traditional exchange liquidity, though further restrictions are in place.