LITEON: What the Ondo Tokenized Lumentum Token Is

LITEON is Ondo’s tokenized version of Lumentum Holdings Inc., a company that makes optical and photonic technologies used in areas such as cloud networking, sensing, lasers and manufacturing. The token is designed to provide economic exposure similar to holding Lumentum shares, including reinvestment of any dividends rather than a direct cash dividend payment.

That exposure is not the same as owning Lumentum shares in a brokerage account. The token’s legal and economic rights depend on the product’s terms and structure. Do not assume that holding LITEON gives you shareholder voting rights, a direct claim on company assets, or the same protections as registered shares. Read the applicable terms and check that the product is available to you before using it.

LITEON is intended for people seeking token-based exposure to Lumentum’s share performance. It may be held or transferred on supported blockchain networks, subject to the token’s terms, platform availability and any applicable restrictions. Ondo describes its tokenized stock products as enabling eligible users to mint and redeem tokenized U.S. stocks and ETFs, with access to traditional market liquidity; additional restrictions apply.

LITEON is not the ONDO governance token, and the public information available here do not describe it as a general-purpose payment, staking or governance token. Its purpose is tied to the tokenized Lumentum exposure. The token’s value can differ from the underlying share price because of market liquidity, trading hours, fees, redemption conditions and other factors. Token transfers may be available when traditional stock markets are closed, but that does not mean the underlying shares trade continuously.

The available supply snapshot, dated 2026-11-05, lists about 1,239 LITEON as circulating and about 1,206 as total supply, with no maximum supply specified. Those figures conflict because the reported circulating amount is greater than the total. Treat them as an unreliable snapshot rather than a definitive supply figure, and check current token and issuer information before relying on supply data.

The same snapshot reports a price of about $597 and a market capitalization of about $740,000 on that date. These are changeable market figures, not a forecast or an indication of what the token should be worth. Tokenized asset prices and reported market values can be affected by trading liquidity and how data sources calculate supply and market capitalization.

LITEON is reported as issued on Ethereum, Solana and BNB Chain. It is not a native gas token for any of these networks: you generally need the network’s own fee token to make transactions. Confirm which chain a wallet, exchange or dApp supports before depositing or withdrawing, and use the matching network and token address. Sending tokens to an unsupported network or address can result in an unrecoverable loss.

For self-custody, use a wallet that supports the relevant chain and token standard. Protect the recovery phrase offline, never share it, and verify token details through Ondo’s official materials before adding a contract manually. If you hold LITEON through a custodial platform, review its withdrawal, custody and redemption rules. A wallet controls access to the token; it does not remove the issuer, market or legal risks attached to the tokenized asset.

LITEON carries several distinct risks. Its value depends on Lumentum’s share performance, while the token itself can also be affected by low or uneven liquidity, pricing differences from the underlying stock, blockchain congestion or outages, smart-contract faults, and the security and operations of the issuer or other service providers. Redemption may be subject to eligibility, timing, fees and other terms; token holders should not assume they can redeem at any moment or directly exchange the token for a share.

Access may vary by location and user type, and rules for tokenized securities can change. Check the current product terms and local requirements before transacting. The token does not guarantee a return, and dividend treatment is not necessarily identical to receiving dividends as a shareholder. Consider whether you understand the product structure and can bear a loss before deciding whether to use it.