AST SpaceMobile Tokenized Stock (Ondo)

ASTSON is a tokenized stock issued through Ondo Finance, representing shares of AST SpaceMobile on the Ethereum blockchain. Each token aims to mirror the value of the underlying asset, allowing exposure to the company within a cryptocurrency wallet. It combines traditional equity with blockchain tokenization.

ASTSON is an ERC-20 token on Ethereum, created by Ondo Finance to represent ownership of an underlying AST SpaceMobile share. The token is intended to track the stock's price, with redemption and issuance mechanisms managed by the issuer. This structure enables near 24/7 transferability and integration with decentralized finance protocols.

The token provides a blockchain-based representation of AST SpaceMobile common stock. Holders can store and transfer it within their Ethereum-based wallets, potentially use it in DeFi applications, and gain price exposure to the stock without traditional brokerage infrastructure. It does not confer direct shareholder voting rights unless specified by the issuer.

Unlike direct ownership through a broker, ASTSON exists on Ethereum as a tokenized security. It offers benefits like faster settlement and broader accessibility, but introduces issuer and smart contract risk. The token is issued by Ondo Finance and may lack certain legal protections associated with registered securities.

AST SpaceMobile Tokenized Stock (Ondo) is currently priced at $39.81, up 0.04% in the last 24 hours. It is ranked #1449 by market capitalization. Over the past 7 days, ASTSON is down 3.79%.

AST SpaceMobile Tokenized Stock (Ondo) has a market capitalization of $3.08M. The 24-hour trading volume is $929,255.83, reflecting the total value of ASTSON traded across all exchanges in the last day.

There are currently 77,409.764 ASTSON in circulation. The total supply is 77,409.764 ASTSON.