Microsoft (Ondo Tokenized Stock) 

MSFTON Price

What is Microsoft (Ondo Tokenized Stock) (MSFTON)?

MSFTon is an ERC-20 token on Ethereum, also issued on BNB Chain and Solana, that gives crypto traders on-chain exposure to Microsoft Corporation (MSFT) common stock — U.S. mega-cap equity price exposure without leaving crypto venues. Ondo Global Markets, Ondo Finance's tokenized equities platform, launched the token on September 3, 2025 on Ethereum, followed by BNB Chain in October 2025 and Solana on January 21, 2026. Each MSFTon token carries economic exposure equivalent to one MSFT share, with dividends reinvested into the position.

Does the MSFTon tokenized stock pay dividends?

MSFTon holders receive dividend value, but not in cash. Microsoft pays dividends on the underlying shares, and Ondo Global Markets automatically reinvests each payout into the holder's position. The reinvestment mechanism increases token quantity instead of distributing USDC, so total return compounds inside the wrapper — MSFT price tracking plus accumulated dividend value.

How large is the Ondo Global Markets platform behind MSFTon?

Ondo Global Markets' tokenized-stocks platform spans 430+ tokenized stocks and ETFs. The platform supports minting and redemption around the clock, with 24/7 minting announced on June 25, 2026. Ondo Finance, the parent company, is an established tokenization issuer; its historical VC funding pertains to the ONDO governance token, not to MSFTon itself.

What backs MSFTon's value?

MSFTon's value is backed by Microsoft common stock held through Ondo's custody chain. Alpaca Securities LLC, an SEC-registered broker, acts as traditional broker, transfer agent, and custodian. BitGo serves as crypto custodian, and BPM UK Audit Ltd audits the platform. Secondary-market buyers therefore rely on Ondo's custody arrangements rather than holding shares directly.

Is the MSFTon tokenized stock safe to hold?

MSFTon carries wrapper risk that direct MSFT ownership does not. Holders depend on Ondo Global Markets' custody chain — Alpaca Securities, BitGo, and BPM UK Audit — for redemption of underlying value. The token is a securities wrapper offered under U.S. Securities Act Regulation S, so jurisdiction determines access. The structure adds counterparty and regulatory exposure on top of Microsoft's ordinary stock risk.

Can U.S. persons buy MSFTon?

No. Ondo Global Markets offers MSFTon under a Regulation S exemption, which excludes U.S. persons from participation. The issuer is domiciled in the British Virgin Islands. Primary access — mint and redemption with USDC — runs through Ondo's platform for eligible non-U.S. retail and institutional users.

How is MSFTon supply created and destroyed via mint and redemption?

MSFTon supply is dynamic, not emitted on a schedule. Eligible investors mint tokens with USDC through Ondo's platform, and redemption burns tokens and returns value. Ondo charges 0% subscription, redemption, and management fees. Per DropsTab data, total MSFTon supply stood at 18,125.07 tokens as of August 2026. RWA.xyz reports issuance split across Ethereum (~10,024), BNB Chain (~7,397), and Solana (~472).

Where does MSFTon trade — CEX, DEX, or both?

MSFTon trades on centralized exchanges only, exclusively in USDT spot pairs — per DropsTab data, no decentralized or derivatives markets are tracked. Liquidity is concentrated in a few mid-tier venues rather than a top-tier exchange. The deepest rail is Ondo's own mint/redemption mechanism, which arbitrages secondary prices back to the underlying MSFT share. Binance Alpha also offers access without a formal spot listing.

Is MSFTon the same as the ONDO token or other tokenized MSFT products?

MSFTon is not the ONDO token. ONDO is Ondo Finance's governance token; MSFTon is a tokenized-equity wrapper tracking Microsoft stock. MSFTon also differs from Backed Finance's MSFTx (xStocks, Solana) and Reality Protocol's rMSFT — separate instruments with different custody chains. Each wrapper tracks the same underlying share through a distinct issuer structure.