Super Micro Computer (Ondo Tokenized Stock) 

SMCION Price

What is Super Micro Computer (Ondo Tokenized Stock) (SMCION)?

SMCION is a tokenized equity issued by Ondo Finance that gives crypto traders on-chain exposure to Super Micro Computer, Inc. (NASDAQ: SMCI) shares. Each SMCION token is backed 1:1 by an underlying SMCI share held in custody. The wrapper transfers and trades 24/7 on crypto rails — outside NASDAQ market hours — under Ondo's "-on" token naming convention.

Which asset does each SMCION token represent?

One SMCION token represents the economic value of one Super Micro Computer share listed on NASDAQ under ticker SMCI. Super Micro Computer is a server and storage hardware manufacturer. SMCION works as a total-return tracker: dividends, if any, are incorporated into token value rather than paid out separately.

How is SMCION minted and redeemed?

Primary mint and redemption run through the Ondo app and are permissioned — Ondo onboarding, KYC verification, and qualified-purchaser status are required. Minting and redemption are available around the clock under Ondo's 24/7 model. Once on-chain, SMCION can be held and transferred by anyone without additional permissioning.

Why does SMCION have no fixed maximum supply?

SMCION supply is elastic by design. New tokens are minted only when an investor mints the wrapper against the underlying security, and tokens are burned on redemption — supply expands and contracts with demand. Per DropsTab data, total supply stood at 48,217.03 SMCION as of August 2026. No ICO allocation or fixed cap exists.

Which blockchains does SMCION circulate on?

SMCION circulates on three networks via Ondo-issued contracts: Solana, BNB Chain, and Ethereum (ERC-20, 18 decimals). Each chain carries its own contract deployment of the same wrapper. Decentralized liquidity exists on all three networks, though depth per chain can be limited.

Where can you buy SMCION?

Secondary trading centers on a centralized exchange: per DropsTab data, SMCION trades on MEXC against USDT. The Ondo app handles primary mint and redemption. Venue coverage is thin relative to NASDAQ-listed SMCI stock, so secondary prices can deviate from the underlying during off-hours.

Does the SMCION tokenized stock pay dividends?

SMCION does not distribute dividends as separate payments. The wrapper is a total-return instrument — any Super Micro Computer dividends are incorporated into the token's value. Ondo documents a 30% US withholding tax on US-company dividends because the issuing entity is domiciled in the British Virgin Islands.

Is SMCION a legitimate tokenized stock?

SMCION is issued by Ondo Finance through its Ondo Stocks / Global Markets platform, with each token backed 1:1 by SMCI securities in custody. Availability remains jurisdiction-restricted, and primary access requires KYC. Holders carry issuer and custody concentration risk with Ondo on top of Super Micro Computer's equity risk — SMCION does not remove the underlying stock's volatility.