Amazon (Ondo Tokenized Stock) 

AMZNON Price

What is Amazon (Ondo Tokenized Stock) (AMZNON)?

Amazon (Ondo Tokenized Stock) (AMZNON) is an ERC-20 tokenized stock issued by Ondo Finance that gives holders total-return economic exposure to Amazon.com Inc. (AMZN) common stock. The token is deployed on Ethereum (contract 0xbb8774fb97436d23d74c1b882e9a69322cfd31, 18 decimals). The wrapper targets non-U.S. investors, offering 24/7 access to U.S. equity exposure outside conventional market hours. AMZNON is a tokenized equity representation, not a cryptocurrency, DeFi token, or meme coin.

Which underlying asset does AMZNON represent?

Each AMZNON token represents one share of Amazon.com Inc. (AMZN) common stock held by Ondo's entities with regulated U.S. broker-dealers. Alpaca Securities acts as Ondo's named infrastructure and custody partner. Broadridge provides transfer-agent and recordkeeping services. AMZNON conveys economic exposure to AMZN price movement through a total-return design rather than transferring direct share ownership to the token holder.

How does AMZNON track Amazon's price?

AMZNON is engineered as a total-return tracker — the token's price is designed to mirror AMZN share-price performance, with reinvested-dividend mechanics built into the wrapper rather than paid out as cash. Minting and redemption are available 24/7 through Ondo's platform, with new tokens minted against fresh AMZN share purchases and burned on redemption. Price tracking error versus NASDAQ-listed AMZN is possible, particularly outside U.S. market hours.

Can U.S. users buy AMZNON?

Ondo tokenized stocks are explicitly offered to non-U.S. investors, and U.S. residents face access restrictions — U.K. and EEA residents are generally also restricted. Ondo has submitted a no-action request to the SEC seeking clarity that broker-dealers and transfer agents may use public blockchains to tokenize equities. The regulatory status of tokenized-equity wrappers remains unresolved, creating jurisdictional and availability risk for AMZNON holders.

Where can you buy AMZNON tokenized stock?

Per DropsTab data, AMZNON trades on centralized spot venues against USDT — all markets are AMZNON/USDT pairs. DropsTab lists spot markets on Gate, BingX, and MEXC, with no derivative or DEX markets tracked. AMZNON is absent from the largest top-tier exchanges, so spreads and depth may be thinner than for the underlying AMZN equity, increasing tracking error outside U.S. market hours.

Does AMZNON pay dividends or confer voting rights?

AMZNON holders do not receive direct cash dividends, voting rights, or traditional shareholder privileges. Economic exposure is conveyed solely through the token's total-return price tracking, which incorporates reinvested-dividend mechanics rather than distributing cash payments. The wrapper is designed for price participation in AMZN, not for replicating the legal bundle of rights attached to direct share ownership in Amazon.com Inc.

How is AMZNON's tokenized stock supply structured?

AMZNON has no fixed maximum supply — the wrapper's supply floats with mint and burn activity against the underlying AMZN position. As of August 2026, DropsTab records approximately 39,860 AMZNON tokens in circulation on Ethereum. The wrapper expands when tokens are minted against new AMZN share purchases and contracts when tokens are burned on redemption. This is a tokenized-equity supply mechanism, not a project-token emission model.

What makes AMZNON different from other tokenized Amazon wrappers?

The AMZNON ticker uniquely resolves to Ondo Finance's Ethereum ERC-20 wrapper. Distinct AMZN tokenized instruments exist with separate custody chains — Backed Finance xStocks uses an x-suffix on Solana SPL, and Reality Protocol uses an r-prefix rToken. These are different instruments backed by different custody arrangements. AMZNON should not be conflated with these alternative wrappers despite tracking the same underlying AMZN share.