Opendoor Technologies (Ondo Tokenized) (OPENon) is a tokenised equity product that provides on‑chain exposure to the stock of Opendoor Technologies Inc. Each OPENon token mirrors the economic performance of the underlying common stock, backed 1:1 by the corresponding shares held in custody via Ondo Finance’s infrastructure.

OPENon enables eligible investors to gain blockchain‑based exposure to Opendoor Technologies Inc. stock. It allows holders to access the performance of Opendoor’s shares on the Ethereum network while benefiting from digital asset features like transferability and interaction with decentralised finance systems.

OPENon is issued by Ondo Finance, a platform focused on bringing traditional financial assets such as equities and ETFs on‑chain through fully backed tokenisation. Ondo manages the custody and issuance framework to ensure each token corresponds directly to the underlying security.