Plug Power (Ondo Tokenized) (PLUGON): issuer, networks, and where it trades

PLUGON (Plug Power (Ondo Tokenized)) is a tokenized stock issued by Ondo Global Markets (BVI) Limited. This financial instrument provides synthetic exposure to the underlying asset, Plug Power (PLUG), through a structured note, which is a debt instrument. Holders of PLUGON possess redemption rights and a first-priority security interest in the collateral, rather than direct ownership of the shares. Consequently, they do not receive shareholder rights associated with owning the underlying stock, such as voting rights or direct dividends. Additionally, PLUGON is distributed under Regulation S, meaning it is not available for U.S. persons and requires KYC and wallet screening. The specific blockchain network(s) on which this instrument exists is not detailed. It is unclear how dividends and stock splits of Plug Power will be handled for holders of PLUGON.

PLUGON 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.