Broadcom (Ondo Tokenized Stock) (AVGOON): What It Is

AVGOON is Ondo’s tokenized version of Broadcom, the U.S. semiconductor and infrastructure software company. Its stated aim is to give tokenholders economic exposure similar to holding Broadcom shares, with any dividends reinvested. It is therefore different from Broadcom’s ordinary listed stock: holding AVGOON should not be treated as proof that you directly own AVGO shares or have shareholder rights such as voting. The exact legal and redemption rights depend on the product’s terms and the holder’s eligibility.

Ondo describes its tokenized stocks as products for eligible non-U.S. retail and institutional users. It says users can mint and redeem them 24 hours a day, five days a week, with access to traditional exchange liquidity, subject to additional restrictions. That does not mean every person or location can use the product, or that trading is available at all times on every marketplace.

AVGOON’s main purpose is to represent economic exposure to Broadcom rather than to provide a separate governance or utility function. Its value may respond to Broadcom’s share price and related market conditions, but the token can also trade differently from the underlying stock. Trading hours, liquidity, fees, product terms, and the mechanics for minting or redeeming tokens can all affect the result. Dividend treatment is described as reinvestment, not as a cash payment to tokenholders.

Ondo says eligible users can mint and redeem tokenized stocks five days a week, around the clock, and access traditional exchange liquidity. These features are subject to restrictions, and access is not guaranteed for every user or country. Before relying on AVGOON for stock exposure, check the current product terms, eligibility rules, and redemption process. Do not assume that a token transfer or a trade on a crypto venue is identical to buying or selling Broadcom shares through a stock broker.

As of 2026-11-05, reported circulating supply was about 12,999 AVGOON, with total supply also close to 13,000. The reported circulating figure is slightly higher than total supply, so those values should be treated as approximate rather than as a perfectly reconciled supply accounting. No maximum supply is stated. Supply can change as tokens are created or redeemed, so figures may differ later.

On the same date, AVGOON was priced at about $320.10, with a market capitalization near $4.2 million and 24-hour trading volume around $2.4 million. These are snapshots, not fixed properties of the token. They can change quickly and may vary between data sources or venues. A token’s market value does not by itself establish how much underlying stock is held, how redemption works, or whether there is enough liquidity for a particular trade. Do not use past performance or a quoted market value as a prediction of future returns.

AVGOON is listed as issued on Ethereum, Solana, and BNB Chain; it is not described as the native token of any of those networks. The same token name and ticker can appear on multiple chains, so check the chain and contract details through Ondo’s official product information before receiving or sending it. Sending a token to an incompatible address or using the wrong network can result in loss. A compatible wallet or custody provider must support the specific chain and token representation you intend to use.

Risks include changes in Broadcom’s share price, differences between the token’s price and the underlying exposure, limited liquidity, smart-contract or blockchain failures, custody problems, and changes to product access or rules. Eligibility and redemption restrictions may also apply. Keep private keys and recovery phrases secure, and consider whether you need a self-custody wallet or a supported custodian. Token ownership does not remove the risks of the underlying company or guarantee that a redemption will be available when you want it.