PFEON is a token from Ondo Finance that offers tokenised exposure to Pfizer Inc. shares, with each token representing 1.0363 units of the underlying stock.
Pfizer (Ondo Tokenized) (PFEON) is a tokenised equity issued by Ondo Finance, providing on-chain exposure to Pfizer Inc. common stock. Each PFEON token is backed by a corresponding number of underlying shares, offering access to the equity via blockchain infrastructure.
PFEON allows eligible users to gain exposure to Pfizer Inc., a global pharmaceutical company involved in the discovery, development, and commercialisation of biopharmaceutical products. The token serves as a blockchain-based representation of traditional Pfizer shares and can be used in decentralised finance applications, for custody, or for on-chain portfolio strategies.
PFEON was created by Ondo Finance as part of its tokenised asset offering. The platform issues tokens that represent ownership in real-world financial assets and holds the corresponding equities in custody, enabling regulatory-aligned on-chain access to traditional securities.