Netflix (Ondo Tokenized Stock) (NFLXON): issuer, networks, and where it trades

NFLXON is a tokenized stock representing a structured note issued by Ondo Global Markets (BVI) Limited, a bankruptcy-remote special purpose vehicle under Swiss law. This instrument tracks the performance of Netflix Inc. (NFLX) and provides holders with synthetic exposure through a structured note, granting redemption rights and a first-priority security interest in the collateral, rather than direct ownership of the underlying shares. Holders of NFLXON do not possess shareholder rights typically associated with direct stock ownership, such as voting rights or direct access to dividends. Additionally, this instrument is distributed under Reg S, meaning it is available only to non-U.S. persons, accompanied by KYC and wallet screening processes. The specific blockchain network on which NFLXON exists is not disclosed. It is unclear how dividends and stock splits of the underlying asset are handled.

NFLXON 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.