Arm Holdings plc (Ondo Tokenized Stock) 

ARMON Price

What is Arm Holdings plc (Ondo Tokenized Stock)?

ARMon gives crypto traders on-chain exposure to Arm Holdings plc — the semiconductor IP designer listed on NASDAQ as ARM — without leaving crypto venues. The token is an ERC-20 on Ethereum issued via Ondo Stocks, Ondo Finance's tokenized-equities platform. Each ARMon token is a total-return tracker of the underlying share, transferable peer-to-peer 24/7. DropsTab classifies the asset under Tokenized Stock.

Is ARMon the same as owning NASDAQ: ARM shares?

ARMon is not the NASDAQ:ARM share itself. The token confers economic exposure — price tracking plus reinvested dividends — but no voting rights by default. Dividends paid by Arm Holdings are automatically reinvested into the underlying, net of withholding tax. Corporate actions such as stock splits are reflected in the token. ARMon is also not registered under the U.S. Securities Act of 1933.

What backs the ARMon tokenized stock?

Each ARMon token is fully backed by the actual Arm Holdings security plus cash in transit, held with U.S.-registered broker-dealers or U.S.-chartered trust companies. An independent Verification Agent publishes a daily backing report. A Security Agent holds a first-priority perfected security interest on behalf of token holders, making the structure bankruptcy-remote — per the official Ondo Stocks documentation.

How is ARMon traded — on centralized or decentralized exchanges?

Per DropsTab data, ARMon's tracked spot liquidity sits entirely on a centralized exchange: MEXC lists the only tracked pair, ARMON/USDT, with no DEX venues tracked. The primary venue is the Ondo platform itself, where eligible users mint and redeem directly. Secondary on-chain liquidity exists on Ethereum since ARMon is a freely transferable ERC-20. Secondary turnover remains materially smaller than the underlying NASDAQ market.

When can ARMon tokens be minted or redeemed?

Direct mint and redemption on the Ondo platform runs 24/5, extending to 24/7 for six actively traded tokens. Peer-to-peer token transfers, by contrast, run around the clock on-chain. Ondo routes primary liquidity through a just-in-time mint/redeem model that taps traditional-market depth rather than relying on pooled exchange liquidity.

Does ARMon have a fixed token supply?

ARMon has no fixed maximum supply. The token follows an elastic mint/burn model: new tokens are minted on demand and burned on redemption at the issuer. Total supply moves as users mint and redeem at the underlying's prevailing value, so any supply figure is a momentary reading — the live Supply tab shows the current number.

Who can legally hold ARMon tokens?

Ondo Stocks are offered only to eligible non-U.S. persons after KYC/AML checks — U.S. investors are excluded. In the UK, Switzerland and parts of the EEA, distribution is limited to qualified or professional investors. On-chain transferability spans Ethereum, BNB Chain and Solana, subject to jurisdictional restrictions.

Is ARMon different from other ARM tokenized stock wrappers?

ARMon is the Ondo ERC-20 wrapper only. Two separate instruments track the same NASDAQ:ARM share: Backed Finance xStocks (x-suffix, Solana SPL) and Reality Protocol rToken (r-prefix). The three wrappers use different custody arrangements and different contracts — this page tracks the Ondo issuance exclusively.

Is ARM owned by Nvidia?

Nvidia does not own Arm Holdings. Nvidia's $40B attempt to acquire Arm outright was terminated in February 2022 under regulatory pressure. Nvidia instead held a small anchor stake of roughly 1.1M shares (under 1%) at Arm's September 2023 IPO and reportedly exited entirely by early 2026. SoftBank retained approximately 90% after the IPO.