Futu Holdings (Ondo Tokenized Stock) 

FUTUON Price

What is Futu Holdings (Ondo Tokenized Stock)?

FUTUON is a tokenized-equity product that gives crypto users on-chain exposure to Futu Holdings Ltd (NASDAQ: FUTU) without leaving crypto venues. The issuer is Ondo (Ondo Global Markets, "Ondo Stocks"), which launched with 100+ tokenized US stocks and ETFs on Ethereum and later expanded to Solana and 200+ securities. FUTUON is an ERC-20 token on Ethereum. DropsTab classifies the asset as a Tokenized Stock.

Which company does FUTUON track?

FUTUON tracks Futu Holdings Ltd, an online brokerage headquartered in Hong Kong and Singapore. Futu operates the moomoo trading platform and lists on NASDAQ under the ticker FUTU. The company's business spans Hong Kong, Singapore, and other Asian markets. Futu's earnings and regulatory news therefore drive the underlying value of each FUTUON token.

What asset does the FUTUON token represent and how is it backed?

Each FUTUON token represents economic exposure to one FUTU share equivalent. Ondo mints tokens against demand for underlying exposure and burns tokens on redemption. Holders redeem for cash or stablecoins - not share certificates - so FUTUON packages price exposure rather than direct shareholder title. The token contract lives on Ethereum at 0x5ce215d9c37a195df88e294a06b8396c296b4e15.

Does FUTUON pay dividends to holders?

FUTUON does not pay dividends out in cash. Dividends from the underlying Futu shares are reinvested into the token's value, per Ondo's asset documentation. Reinvestment means the token's price exposure accretes over time instead of distributing periodic payouts. Holders realizing value must sell or redeem the token.

Why does FUTUON have such a small token supply?

FUTUON has an elastic supply - tokens are minted 1:1 when users open exposure and burned at redemption, so supply tracks demand rather than a fixed schedule. According to DropsTab data, total supply stood at 8,766.81 FUTUON as of August 2026. No maximum supply is set, and there is no mining, staking, or emission schedule. Small supply is structural for tokenized equities, not a scarcity feature.

Does FUTUON trade 24/7?

Yes - Ondo enabled true 24/7 minting and redemption on June 25, 2026. Before that date, mint and redeem operated 24/5 while on-chain transfers remained continuously available. Secondary crypto venues list FUTUON around the clock. The underlying FUTU share, by contrast, trades only during NASDAQ market hours, so crypto-session prices can diverge from the equity close.

Can US persons buy FUTUON tokenized stock?

No - Ondo tokenized stocks are offered under non-US exemptions and are unavailable to US persons. Access is gated at the mint level for non-US retail and institutional users worldwide. US residents seeking Futu exposure must use regulated equity venues instead. This restriction is a durable property of the offering, not a temporary limitation.

How does the FUTUON tokenized stock differ from owning actual Futu shares?

FUTUON confers economic exposure, not shareholder ownership - no voting rights, and redemption settles in cash or stablecoins rather than share certificates. A single tokenized stock also concentrates single-company risk: Futu operates across China, Hong Kong, and Singapore jurisdictions with evolving retail-trading rules, and that regulatory exposure passes through to the token. Dividend treatment differs too - FUTUON reinvests dividends into token value rather than paying them out.