Broadcom (Ondo Tokenized Stock) 

AVGOON Price

What is Broadcom (Ondo Tokenized Stock) (AVGOON)?

AVGOON is the Ondo Finance tokenized-stock version of Broadcom (AVGO) — an ERC-20 token on Ethereum that gives crypto traders on-chain exposure to Broadcom equity without leaving crypto venues. The issuer is Ondo Global Markets (BVI) Limited. AVGOON conveys economic exposure only: no voting rights and no statutory information rights attach to the token. DropsTab classifies AVGOON under Tokenized Stock.

What is the point of a tokenized stock like AVGOON?

Tokenized stocks let crypto users hold and trade equity exposure entirely on-chain, through a wallet and exchange rails rather than a brokerage account. AVGOON packages Broadcom price performance into a transferable token, putting a US-listed equity within reach of crypto-native capital and jurisdictions with limited brokerage access. The wrapper is a securities product, so access is gated by KYC and residency.

Do tokenized stocks like AVGOON pay dividends?

AVGOON does not pay cash dividends. Ondo structures the token as a total-return tracker: dividends paid by Broadcom are reinvested back into AVGOON net of withholding tax. Because of reinvestment, one AVGOON token does not necessarily equal one Broadcom share over time. The token price is therefore expected to drift from the underlying share price.

Is AVGOON the same as owning Broadcom stock?

AVGOON is not a share certificate. The token provides economic exposure to Broadcom equity — price appreciation and reinvested dividends — but no ownership rights. Voting rights and statutory information rights stay with the shares in the issuance structure. AVGOON holders hold a claim on that structure, not title to the underlying stock.

What backs AVGOON's value?

AVGOON tokens are fully backed by the underlying asset together with any cash in transit, per Ondo documentation. The shares are held via a bankruptcy-remote special purpose vehicle with at least one independent director. A third-party security agent holds a first-priority security interest, and Ondo publishes daily attestations of assets held at regulated US entities. Attestations are issuer-side reports, not external audits.

Does AVGOON have a fixed token supply?

AVGOON has no fixed maximum supply. Tokens are minted when investors deposit and burned on redemption, so supply floats with demand instead of following an emission schedule. Per DropsTab data, total supply stood at roughly 13,000 AVGOON as of August 2026. Exact supply figures drift and should be read as a demand snapshot rather than a cap.

Where can I buy AVGOON?

AVGOON trades on centralized exchanges (CEXs) only — DropsTab lists spot AVGOON/USDT pairs on BingX, MEXC, and Gate, and no decentralized-exchange pools are tracked for the asset. Additional access channels are Binance Alpha and direct mint or redeem in the Ondo app after KYC. The thin pair footprint means AVGOON order books are shallower than the underlying share's exchange depth.

Does AVGOON trade 24/7?

AVGOON generally trades 24/5, with exceptions. Ondo pauses trading between sessions, during corporate actions, and when risk limits are hit. Off-Hours sessions cover weekends and US market holidays for a subset of assets — near-24/7 access rather than guaranteed round-the-clock trading. Outside US market hours, thin books can push AVGOON to a premium or discount against the underlying share.

Can you buy AVGOON in the US?

US investors cannot use the primary issuance channel. Ondo tokens are generally available to non-US investors only, and the Ondo platform is explicitly not available in the US. AVGOON is a KYC-gated securities wrapper with jurisdictional restrictions. Secondary-market availability on exchanges depends on each venue's local rules.

Who is the largest tokenized-stock platform behind AVGOON?

Ondo is the largest tokenized-stock platform, holding roughly 70% of total market share per a May 2026 announcement. Ondo reports over $1 billion in total value locked across 260+ tokenized stocks and ETFs. AVGOON is one instrument in that lineup, issued through Ondo Global Markets (BVI) Limited.