Cryptopedia - Recursion Pharmaceuticals Tokenized Stock (Ondo)
RXRXon represents the Ondo-issued tokenized form of Recursion Pharmaceuticals, Inc. It provides holders with economic benefits comparable to owning RXRX shares, including the reinvestment of dividends. Through Ondo’s tokenized stock platform, institutional and retail participants outside the US can mint and redeem these tokens representing U.S. stocks 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.
