American Airlines Group (Ondo Tokenized Stock) (AALON): issuer, networks, and where it trades

AALON is a tokenized stock representing American Airlines Group, issued by Ondo Global Markets (BVI) Limited, a bankruptcy-remote special purpose vehicle under Swiss law. This instrument provides synthetic exposure to the underlying asset, AAL, through a structured note, granting holders redemption rights and a first-priority security interest in the collateral, rather than ownership of the actual shares. Holders of AALON do not possess shareholder rights typically associated with direct stock ownership, such as voting rights or direct dividends, and are subject to jurisdiction restrictions due to the Reg S distribution, which prohibits offerings to U.S. persons. The specific blockchain network on which AALON exists is not detailed. Additionally, the treatment of dividends and stock splits for the underlying asset is unclear based on the available legal substance.

AALON data is aggregated across 1 exchanges, including staking rates, withdrawal fees, and funding rates. All data is updated every 30 minutes from official exchange APIs. Compare the best rates and cheapest fees to find the optimal exchange for your AALON holdings.