Snowflake (Ondo Tokenized Stock) (SNOWON): issuer, networks, and where it trades
Updated 4 days ago
What this instrument is
- Instrument type
- Tokenized stock
- Issuer
- Ondo (Ondo Global Markets)
- Tracks
- SNOW
What the holder actually gets: Ondo Global Markets (BVI) Limited — a bankruptcy-remote SPV under Swiss law. Holders own a structured note (a debt instrument) with redemption rights and a first-priority security interest in the collateral, not the share itself. Distributed under Reg S: outside the US only, not for US persons, with KYC and wallet screening.
This is a description of the instrument, not investment advice.
Unique data: networks & freeze history
Updated:
ETH
1 of 1 networks have withdrawals open on at least one exchange
0 withdrawal freezes in the last 30 days
Tracked on 1 exchange
No staking or lending offer is currently tracked for this instrument.
Not enough live quotes right now to calculate a spread.
Where to Buy Snowflake (Ondo Tokenized Stock)
| Exchange | Buy Price | Sell Price | Spread | |
|---|---|---|---|---|
| MEXC | $306.83 | $306.84 | 0.003% | Buy on MEXC |
Where to Buy & Trade SNOWON
| Exchange | Staking | Fees | Funding | |
|---|---|---|---|---|
| MEXC | — | ✓ | — | Open Account |
Withdrawal Fees
| Exchange | Network | Fee | Status |
|---|---|---|---|
| MEXC | ETH | 0.0045 | Available |
About Snowflake (Ondo Tokenized Stock)
SNOWON is a tokenized stock issued by Ondo (Ondo Global Markets), representing a structured note that provides exposure to the underlying asset, Snowflake Inc. (SNOW). This instrument offers holders a first-priority security interest in the collateral but does not grant direct ownership of the underlying shares. As a result, holders of SNOWON do not possess typical shareholder rights, such as voting or dividend entitlements, as they are not direct stockholders. The instrument is governed by Swiss law and is distributed under Regulation S, meaning it is available only to non-U.S. persons, with KYC and wallet screening requirements in place. The specific blockchain network(s) on which SNOWON exists is not disclosed. It is unclear how dividends and stock splits of the underlying asset are handled in relation to this tokenized security.
SNOWON 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 SNOWON holdings.
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