iShares MSCI India ETF (Ondo Tokenized) (INDAON): issuer, networks, and where it trades

INDAON is a tokenized fund that represents a structured note issued by Ondo Global Markets (BVI) Limited, a bankruptcy-remote special purpose vehicle under Swiss law. This instrument tracks the iShares MSCI India ETF (INDA) by providing synthetic exposure through a debt instrument, giving holders redemption rights and a first-priority security interest in the collateral. Unlike directly owning the underlying stock, holders of INDAON do not possess shareholder rights and are subject to jurisdiction restrictions, as the instrument is distributed under Regulation S and is not available for U.S. persons. The exact blockchain network on which INDAON exists is not specified. Additionally, the treatment of dividends and stock splits related to the underlying asset remains unclear. This instrument is not a cryptocurrency but a tokenized security issued by Ondo.

INDAON 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.