CrowdStrike (Ondo Tokenized Stock) (CRWDON): What It Is

CrowdStrike (Ondo Tokenized Stock), ticker CRWDON, is a blockchain token designed to provide economic exposure to CrowdStrike, a publicly traded cybersecurity company. It is part of Ondo’s tokenized-stock offering, rather than a native token used to secure a blockchain or govern a protocol. Its intended value is connected to CrowdStrike shares, but owning CRWDON should not be assumed to give you the same legal rights as holding shares through a traditional brokerage account. For example, shareholder voting rights and claims on company assets are not established. Tokenized assets can also differ from the underlying security in trading hours, access, and how their value is maintained. Check the token’s current terms and the platform offering it before deciding what rights or redemption options apply.

The main purpose of CRWDON is to let eligible users hold and transfer a blockchain-based token intended to track economic exposure to CrowdStrike stock. It may be available through supported crypto wallets and trading services, but availability can depend on the user’s location, the platform, and the chain used. Ondo has described its tokenized stocks as assets that can be created and redeemed during US market hours; that does not mean every service offers the same access or that a holder can always redeem directly. CRWDON is not the ONDO governance token, and public sources do not establish any separate utility such as staking, voting, or rewards for CRWDON holders. Treat it as a tokenized financial product, and read the issuer and platform terms to understand eligibility, fees, transfer limits, and redemption procedures.

CRWDON is reported as issued on Ethereum, BNB Chain, and Solana. These are separate networks, so a token on one chain cannot automatically be sent to an address on another. Before transferring, confirm that your wallet and the receiving service support the same network and the specific CRWDON token. As of 2026-11-05, the reported circulating and total supply were both about 305.34 CRWDON, with no maximum supply reported. The reported price was about $932.72, and market capitalization was about $284,795 on that date; these figures change and may vary between data sources. Reported 24-hour trading volume was about $10, suggesting trading activity can be limited. Low liquidity can make it harder to trade at a desired price and can widen the gap between quoted and executed prices.

CRWDON carries risks beyond the price changes of CrowdStrike shares. Its value may not track the underlying stock exactly, and trading or redemption access may be restricted by market hours, platform rules, eligibility requirements, or low liquidity. You also take on issuer, custody, smart-contract, and blockchain risks: technical failures, lost keys, or sending tokens to an unsupported address can result in loss. Public sources do not specify CRWDON’s contract addresses, custody arrangements, or the full legal rights attached to the token, so verify those details with the issuer and the service you use. Store it only in a wallet that supports the correct chain and token, protect your recovery phrase offline, and test the receiving network before making a larger transfer. Do not treat a tokenized stock as interchangeable with a brokerage-held share.