Applied Materials (Ondo Tokenized Stock) (AMATON)

AMATON is a tokenized asset from Ondo Finance that represents Applied Materials, a publicly listed company. It is not the company’s stock ticker: Applied Materials trades under AMAT, while AMATON identifies the tokenized product. The token is intended to provide exposure to the company’s shares through a blockchain-based asset, but the exact rights and mechanisms depend on the product’s terms. Do not assume holding AMATON makes you a registered shareholder or gives you voting rights, dividends, or a direct claim on company assets. Check Ondo’s current product documentation for those details before using it. AMATON is also distinct from any Ondo-branded governance or utility token. Public sources identify it as a tokenized stock, but do not specify its full redemption process, eligibility rules, or how closely its price is designed to track the underlying shares.

AMATON’s stated purpose is to represent Applied Materials exposure in token form. That may let eligible users hold or transfer the product through supported blockchain services, rather than interacting only through a conventional brokerage account. Whether a particular exchange, wallet, or decentralized app supports AMATON depends on the service and the network it uses. Its name alone does not establish that it can be redeemed for conventional Applied Materials shares, used as collateral, or used in other financial products. The token is not described as a general-purpose payment coin, and there is no stated reason to use it for ordinary purchases or network fees. If you are comparing it with AMAT shares, look at the product’s terms, trading venues, and access requirements: a tokenized representation can have different ownership, custody, trading-hour, and transfer features from the listed stock itself.

AMATON is issued on Ethereum, BNB Chain, and Solana. It is not described as the native token of any of those networks. The reported circulating supply is about 1,381 AMATON, while total supply is also about 1,381; no maximum supply is reported. These figures can change, so check current issuer and market information when making a decision. As of 2026-11-05, the reported price was about $353.28, market capitalization about $488,000, and 24-hour trading volume about $2.0 million. The reported seven-day change was approximately -12.68% on that date. These are time-sensitive market figures, not a reliable measure of future value or the token’s ability to track the underlying share. Prices may differ between platforms and chains, and thin or fragmented trading can make a quoted price harder to realize.

AMATON carries risks beyond changes in Applied Materials’ share price. The token’s market price may not match the underlying stock, and gaps can arise from trading hours, liquidity, platform differences, or the way the product is issued and supported. You also take on issuer and counterparty risk: the token’s value and any rights attached to it depend on the product’s legal and operational arrangements. Those arrangements can change, and access or transfers may be restricted by jurisdiction or eligibility requirements. Blockchain risks include smart-contract flaws, network outages, congestion, wallet mistakes, and loss of access to private keys. Having tokens on one chain does not necessarily mean they can be used or redeemed on another. Review the current product terms and the applicable laws where you live. AMATON is not a direct substitute for a conventional brokerage-held share, and a token balance alone does not establish what legal claim you have.

To store AMATON yourself, use a wallet that supports the specific network and token format you hold. Since the token is reported on Ethereum, BNB Chain, and Solana, confirm the network and token contract through a trusted official source before receiving or sending it. Do not rely on a matching name or ticker alone; unrelated tokens can use similar labels. Sending assets to an incompatible network or address may make recovery difficult or impossible. A self-custody wallet puts responsibility for the recovery phrase and signing keys on you. Keep recovery details offline, never share them, and be cautious of unsolicited messages asking you to connect a wallet or approve a transaction. A custodial exchange may handle key storage, but then you rely on that provider’s security, solvency, and withdrawal policies. Check whether the service supports the specific AMATON version and network you intend to use.