Wells Fargo (Ondo Tokenized Stock) 

WFCON Price

What is Wells Fargo Ondo tokenized stock (WFCON)?

WFCON is a tokenized equity issued by Ondo Global Markets that tracks the total-return performance of Wells Fargo & Company (NYSE: WFC) — on-chain exposure to a U.S. bank stock without leaving crypto rails. The token is a native ERC-20 on Ethereum, with additional deployments on Solana and BNB Chain. rwa.xyz lists WFCON's launch as July 31, 2025, ahead of the Ondo Stocks platform debut on September 3, 2025 with 100+ tokenized U.S. stocks and ETFs. Wells Fargo dividends are reinvested into additional underlying shares rather than paid out.

Can U.S. investors buy WFCON tokenized stock?

No — Ondo tokenized stocks, including WFCON, are offered under the Regulation S exemption of the U.S. Securities Act. Only non-U.S. retail and institutional investors may mint or hold WFCON; U.S. persons are generally restricted from access. Minting runs with USDC through Ondo's platform five days a week, aligned with U.S. market hours. Secondary-market transfers of WFCON settle on-chain 24/7/365.

What backs WFCON's value, and is the tokenized stock safe?

WFCON is backed by underlying Wells Fargo shares held at U.S.-registered broker-dealers, with Alpaca Securities LLC acting as broker and transfer agent. BitGo serves as crypto custodian, and BPM UK Audit Ltd audits the structure. An independent Verification Agent publishes a reserve report every business day, and a third-party Security Agent holds a first-priority security interest in the underlying assets. Holders gain economic exposure only — WFCON confers no shareholder rights and no claim on the underlying shares.

Who is the largest in tokenized stocks?

In tokenized equities specifically, Ondo Global Markets is the largest issuer: its Ondo Stocks platform, launched September 3, 2025, brought 100+ tokenized U.S. stocks and ETFs on-chain, WFCON among them. Ondo is also one of the leading names in real-world assets (RWA) overall, alongside tokenized-treasury issuers such as BlackRock (BUIDL) and Franklin Templeton (BENJI). DropsTab's RWA rankings track the leading tokenized-asset issuers by market capitalization, including Ondo.

Which blockchains host WFCON?

WFCON is a native ERC-20 token on Ethereum, with additional deployments on Solana and BNB Chain. Secondary-market transfers settle on-chain 24/7/365, while minting with USDC runs five days a week through Ondo's platform, aligned with U.S. market hours.