COINon represents the Ondo Tokenized iteration of Coinbase, providing holders with economic benefits comparable to owning COIN while automatically reinvesting dividends. Through Ondo’s tokenized stock platform, institutional and retail participants outside the US can mint and redeem tokenized 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.