SoFi Technologies (Ondo Tokenized Stock) (SOFION): What It Is

SOFION is Ondo’s tokenized version of SoFi Technologies stock. Its purpose is to give tokenholders economic exposure similar to holding SOFI, with dividends reinvested, rather than to function as a general-purpose cryptocurrency or a token for paying fees on a blockchain. The token represents an onchain product linked to a publicly traded U.S. stock; it should not automatically be treated as the same thing as owning SoFi shares directly. Public sources do not establish that SOFION holders receive shareholder voting rights or other rights attached to shares held through a conventional brokerage account. Ondo says its tokenized stocks are designed for non-U.S. retail and institutional users, with minting and redemption available around the clock on five days a week and access to traditional exchange liquidity. Eligibility and other restrictions apply, so availability depends on the user and applicable rules. Check the product terms to understand the rights and limits before using it.

SOFION is issued on Ethereum, Solana and BNB Chain. It is not described as the native token of any of these networks; rather, it is a tokenized asset available across those chains. The network matters when you acquire or transfer it: a token sent to an address on the wrong chain may be difficult or impossible to recover. The reported circulating and total supply were both about 737,330 SOFION as of 2026-11-05. No maximum supply is specified, so the reported total should not be read as a fixed cap. Market values move over time. On 2026-11-05, the reported price was about $17.32, with a market capitalization and fully diluted valuation of about $12.8 million. These figures are snapshots, not guarantees of what a token can be sold for. Before making a transaction, verify the network and the token contract through Ondo’s official materials.

The intended use of SOFION is exposure to SoFi Technologies stock through an onchain token. Ondo describes its tokenized stock products as supporting minting and redemption five days a week, with access to traditional exchange liquidity; this does not mean every user can transact at every time or that every transaction will execute at a particular price. Restrictions apply, and access may depend on location, eligibility and other product requirements. The reported price can also differ from the value of the underlying shares because of trading conditions, liquidity, fees or the way the token product operates. Tokenization adds risks beyond the performance of SoFi itself, including issuer, custody, operational and regulatory risks. Blockchain transfers can be irreversible, and problems with a platform or network may affect access. Read the current product terms and check what rights, fees and redemption conditions apply to your situation. SOFION is not a deposit or a guaranteed-return product.

SOFION can be held in a wallet that supports the specific chain and token standard on which it was issued, or through a compatible service that offers the product. The token’s presence on Ethereum, Solana and BNB Chain does not mean a wallet or exchange supports it on all three. Confirm the correct network and token contract before depositing, and test with a small transfer if appropriate. Keep wallet recovery information private and offline, and never share a seed phrase or private key with someone claiming to provide support. Self-custody gives you control of the wallet keys but also makes you responsible for keeping them secure; a custodial service introduces its own counterparty and account-access risks. Token support can change, and holding SOFION in a wallet does not remove eligibility or redemption restrictions set by the product. Check the applicable terms before relying on a particular wallet or service.