Invesco QQQ ETF (Ondo Tokenized ETF) (QQQON): issuer, networks, and where it trades

QQQON is a tokenized fund representing a structured note issued by Ondo Global Markets (BVI) Limited, a bankruptcy-remote special purpose vehicle under Swiss law. This instrument tracks the Invesco QQQ ETF, providing synthetic exposure to the performance of the underlying asset. Holders of QQQON do not own shares of the ETF directly; instead, they possess a structured note that affords them redemption rights and a first-priority security interest in the collateral, but lacks typical shareholder rights associated with direct ownership. The instrument is distributed under Regulation S, making it available only to non-U.S. persons, and requires KYC and wallet screening. The specific blockchain network on which QQQON exists is not disclosed. The treatment of dividends and stock splits for the underlying asset remains unclear in the provided legal framework.

QQQON data covers 4 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.