PayPal (Ondo Tokenized) (PYPLON) is a tokenised version of PayPal Holdings, Inc. common stock. Issued on the Ethereum blockchain, each PYPLON token represents 1.0016 shares of PYPL, enabling digital ownership and transfer via smart contracts.

PYPLON allows eligible participants to gain onchain exposure to PayPal Holdings, Inc. equity. It provides blockchain-based access to a global digital payments company, with ownership recorded and managed on the Ethereum network.

PYPLON is issued by Ondo Finance, a platform that tokenises traditional financial assets such as equities and ETFs for blockchain-based markets.