United Microelectronics (Ondo Tokenized) (UMCON): issuer, networks, and where it trades

UMCON (United Microelectronics (Ondo Tokenized)) is a tokenized stock issued by Ondo Global Markets (BVI) Limited, a bankruptcy-remote special purpose vehicle operating under Swiss law. This instrument provides synthetic exposure to United Microelectronics Corporation (UMC) through a structured note, granting holders redemption rights and a first-priority security interest in the collateral, rather than direct ownership of shares. As a result, holders do not possess typical shareholder rights associated with owning the underlying stock, such as voting rights, and are also subject to jurisdiction restrictions since it is distributed under Regulation S, limiting it to non-U.S. persons with KYC and wallet screening. The specific blockchain network on which UMCON exists is not disclosed. It remains unclear how dividends and stock splits of UMC are handled in relation to this tokenized security.

UMCON 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.