NVIDIA (Ondo Tokenized Stock) (NVDAON): What It Is, Uses and Risks

NVIDIA (Ondo Tokenized Stock), ticker NVDAON, is a token that Ondo Finance describes as a tokenized version of NVIDIA shares. Its project description says it gives holders economic exposure similar to holding NVDA, the Nasdaq-listed stock, and that any dividends are reinvested. Based on public information it is classed as a real-world asset (RWA) token. It is not a native coin of any blockchain. Instead, it is issued on several networks, so the same product can exist in different chain versions.

The key idea is that the token tracks the economic value of the stock rather than being a share of NVIDIA itself. Holding it is not the same as owning shares in the company, so buyers should not assume they have shareholder rights such as voting. Public descriptions say the product is designed for non-US users, with some restrictions applying.

According to the project description, the token is meant to let holders gain or lose value in line with NVIDIA's share price, with dividends reinvested into the position. The wider Ondo tokenized stocks model is described as allowing users outside the US to mint and redeem tokenized US stocks and ETFs, with activity described as available around the clock on weekdays.

One search result says the token can be used as collateral for leveraged perpetual futures on a platform called OndoPerps, with that integration listed as ongoing. Treat this as a product feature that may change, and check the current terms before relying on it.

At the time of writing, as of 2026-11-05, the data shows a price of about $197.50 and a market capitalisation of about $32.2 million, ranking around 626th among tracked tokens. The circulating supply is about 163,250 tokens, equal to the total supply, and no maximum supply is listed. The 24-hour trading volume was about $1.8 million. Over the past seven days the price fell by about 7.4 percent, while the one-year change was roughly plus 1.4 percent.

The recorded all-time high was about $243.39 on 2026-10-06, and the all-time low was about $163.15 on 2026-03-31. These figures change constantly, so check a live source before drawing conclusions.

The data lists several networks where the token is issued: Ethereum, Hyperliquid L1, BNB Chain, Robinhood Chain and Solana. None is listed as a native chain for the token, which fits with it being a wrapped or issued representation rather than a base asset. Because each version lives on a different network, the contract on one chain may not behave the same way as the version on another, and bridging or moving between networks can add risk.

The data does not give a launch date or consensus mechanism for the token, so those details are not covered here.

Holding a tokenized stock carries several risks. The token's value depends on the issuer's ability to keep it backed and in line with the underlying share price, and the price can differ from the stock quote. Access may be restricted by jurisdiction, and the terms say additional restrictions apply. Liquidity on decentralised venues can be thinner than on traditional exchanges, which may mean wider price gaps when selling. Smart contract failures, bridge problems and wallet security issues are also possible.

If you store the token, use a wallet you control and keep private keys secure. Readers must be 18 or older (21 or older where required) and should check that trading tokenized securities or online gambling-style products is legal where they live. This page is for research only and is not investment advice.