Overview

NVDAon is a tokenized representation of NVIDIA Corporation's publicly traded stock, issued through the Ondo Global Markets platform. NVIDIA, headquartered in Santa Clara, California, is a global leader in graphics, computing, and networking solutions with diverse product offerings across gaming, professional visualization, data centers, artificial intelligence, high-performance computing, automotive technologies, and more. By tokenizing NVIDIA's stock, NVDAon allows investors outside the US to gain onchain exposure to NVIDIA's economic performance without holding the actual equity itself. Unlike traditional brokerage accounts where investors may receive dividends, voting rights, and shareholder privileges, NVDAon holders only obtain the right to redeem their tokens for the then-value of the underlying assets in cash or stablecoins. NVDAon functions as a total return tracker, meaning it is fully backed by the underlying NVIDIA shares and any cash in transit, while automatically reinvesting dividends (net of withholding taxes) into the economic exposure of the token. However, tokenholders do not have shareholder rights such as voting or statutory information access, as the shares are held in the name of or for the benefit of the Issuer through regulated custodial arrangements. This structure ensures that NVDAon mirrors NVIDIA's economic value but remains distinct from direct ownership of NVIDIA shares, effectively bridging traditional equity exposure with blockchain-enabled transparency, accessibility, and settlement efficiency.

Whitepaper & Documents