Cryptopedia - Novo Nordisk Tokenized Stock (Ondo)
NVOon represents the Ondo-issued tokenized form of Novo Nordisk, providing holders with economic benefits comparable to owning NVO shares while automatically reinvesting dividends. Through Ondo’s tokenized stock framework, institutional and retail 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.
