Bank of America (Ondo Tokenized Stock) (BACON): issuer, networks, and where it trades

BACON is a tokenized stock representing a structured note issued by Ondo (Ondo Global Markets), a bankruptcy-remote special purpose vehicle under Swiss law. This instrument provides synthetic exposure to Bank of America (BAC), as holders possess a debt instrument with redemption rights and a first-priority security interest in the collateral, rather than direct ownership of the underlying shares. Consequently, holders do not have shareholder rights typically associated with owning the underlying stock, and they are subject to jurisdiction restrictions, as this offering is distributed under Regulation S and is not available to U.S. persons. The specific blockchain networks on which BACON exists are not disclosed. Additionally, it is unclear how dividends and stock splits of the underlying asset are handled in this structure.

BACON data covers 1 venues. The available products determine which staking rates, withdrawal fees and funding rates appear. Sources include exchange APIs, protocols and aggregators. Scheduled collection: exchange staking every 10 minutes, funding every 10 minutes, fees and network availability every 30 minutes. On-chain yields follow their source schedule.