Micron Technology (Ondo Tokenized) (MUON) is a tokenised equity that provides on‑chain exposure to the stock of Micron Technology, Inc. It is issued by Ondo Finance and backed 1:1 by shares of the underlying equity (ticker: MU). The token reflects the performance of Micron's publicly traded common stock while benefiting from the programmability and transferability of blockchain infrastructure.

MUON allows eligible investors to gain economic exposure to Micron Technology, Inc. stock through a blockchain-native format. It is designed to integrate traditional equity access with the benefits of decentralised finance, offering an alternative means of holding and transferring equity interests.

MUON is issued by Ondo Finance, a financial technology firm focused on bridging traditional financial assets and blockchain systems through tokenisation. Ondo oversees custody, compliance, and issuance processes to ensure a 1:1 relationship between each MUON token and the corresponding underlying share.