Walmart (Ondo Tokenized Stock) (WMTON): What It Is

WMTON is Ondo’s tokenized version of Walmart stock. Its stated aim is to give holders economic exposure similar to holding WMT, including reinvestment of any dividends. That is not the same thing as owning Walmart shares directly: the token’s legal rights, backing and redemption terms depend on Ondo’s product arrangements and applicable rules. Check the current terms before relying on a particular right.

Ondo describes its tokenized stocks as products for eligible non-U.S. retail and institutional users. The service is subject to additional restrictions, so availability is not universal. WMTON is a tokenized asset, not a Walmart-issued cryptocurrency, and it does not operate as a native token of a blockchain. Its value is intended to track economic exposure to Walmart stock, but its market price can differ from the underlying share price.

WMTON is intended to provide blockchain-based exposure to Walmart stock. Ondo says eligible users can mint and redeem its tokenized U.S. stocks and ETFs around the clock, five days a week, with access to traditional exchange liquidity. This describes the product’s stated minting and redemption model; actual access can depend on eligibility, jurisdiction, service availability and other restrictions.

The token may also be transferred or held on supported blockchain networks, subject to the relevant network and product rules. It is not a general-purpose payment token, and public sources do not establish additional uses such as governance or staking. Nor should you assume that holding WMTON gives you shareholder voting rights or the same protections as holding WMT directly. Review the product terms to understand how exposure and any dividend reinvestment are handled.

As of 2026-11-05, WMTON’s reported circulating supply was about 19,983.23 tokens, and total supply was about 19,983.45. No maximum supply was reported. These figures can change, so treat them as a dated snapshot rather than a fixed limit. The small difference between circulating and total supply does not, by itself, explain how issuance or redemption works.

The reported token price was about $131.25 on that date, with a market capitalization of about $2.6 million. Both figures fluctuate and can vary between trading venues. A tokenized asset’s market price may not match the underlying stock’s price at every moment; liquidity, trading hours, redemption access and market conditions can affect the difference. These figures describe past or current market conditions, not a forecast or a recommendation to buy or sell.

WMTON is issued on Ethereum, Solana and BNB Chain. These are supported networks for the token, not evidence that it is a native asset of any one chain. Before receiving or sending WMTON, check that your wallet or exchange supports the specific network and token. Do not assume tokens on different networks are interchangeable or send them through an unsupported transfer route.

Holding WMTON involves blockchain risks, including smart-contract vulnerabilities, network outages and transaction errors, as well as risks tied to the issuer, custody, product terms and legal or regulatory changes. The token’s price may also diverge from Walmart shares, and trading or redemption may be limited by liquidity, eligibility or regional restrictions. Use a wallet that supports the relevant network and protect its recovery phrase offline; losing access can mean losing access to the tokens. A wallet does not remove the issuer or market risks.