abrdn Physical Palladium Shares ETF (Ondo Tokenized ETF) (PALLON): issuer, networks, and where it trades

PALLON is a tokenized fund representing the abrdn Physical Palladium Shares ETF, issued by Ondo Global Markets (BVI) Limited. This instrument provides structured note exposure to the underlying asset, palladium (PALL), with holders obtaining a debt instrument that includes redemption rights and a first-priority security interest in the collateral, rather than direct ownership of shares. Unlike direct ownership of the underlying stock, holders of PALLON do not have shareholder rights, and their investment is subject to jurisdiction restrictions, as it is distributed under Regulation S to non-U.S. persons only, with KYC and wallet screening requirements. The specific blockchain network(s) on which this tokenized security exists is not detailed in the legal substance. Additionally, it is unclear how dividends or stock splits of the underlying asset are handled in relation to this instrument.

PALLON 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 PALLON holdings.