Robinhood Markets (Ondo Tokenized Stock) (HOODON): issuer, networks, and where it trades

HOODON is a tokenized stock representing a structured note issued by Ondo Global Markets (BVI) Limited, which is a bankruptcy-remote special purpose vehicle under Swiss law. This financial instrument tracks Robinhood Markets (HOOD) and offers holders a synthetic exposure to the underlying asset. However, it is important to note that owning HOODON does not confer direct shareholder rights, such as voting rights or entitlement to dividends, nor does it grant ownership of the underlying shares. Instead, holders possess a first-priority security interest in the collateral backing the note. The instrument is distributed under Regulation S, making it available only to non-U.S. persons, with requirements for KYC and wallet screening. The specific blockchain network(s) on which HOODON exists is not detailed. Additionally, the treatment of dividends and stock splits for the underlying asset remains unclear.

HOODON data is aggregated across 3 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 HOODON holdings.