McDonald's (Ondo Tokenized Stock) (MCDON): issuer, networks, and where it trades

MCDON (McDonald's Ondo Tokenized Stock) is a tokenized real-world security issued by Ondo Global Markets (BVI) Limited. This instrument provides synthetic exposure to the underlying asset, McDonald's Corporation (MCD), through a structured note. Holders of MCDON do not own the actual shares and therefore lack shareholder rights typically associated with direct stock ownership. Instead, they possess a debt instrument with redemption rights and a first-priority security interest in the collateral. This security is distributed under Regulation S, meaning it is available only to non-U.S. persons and comes with Know Your Customer (KYC) and wallet screening requirements. The specific blockchain network on which this instrument exists is not disclosed. Additionally, it is unclear how dividends and stock splits of the underlying asset are handled under this legal structure.

MCDON data covers 3 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.