Cryptopedia - United States Oil Tokenized Fund (Ondo)
USOon represents the Ondo-tokenized iteration of the United States Oil Fund. It provides token holders with economic exposure comparable to holding USO, including the reinvestment of dividends. Through Ondo’s tokenized stock infrastructure, institutional and non-US retail participants globally can mint and redeem tokenized U.S. ETFs and stocks instantly. This service operates 24 hours a day, five days a week, offering complete access to traditional exchange liquidity, though additional restrictions apply.
