What Is Meta Platforms Tokenized Stock (Ondo) (METAON) and How Does It Work?
Meta Platforms Tokenized Stock (Ondo) (METAON) is a blockchain-based token that represents exposure to Meta Platforms Inc. (NASDAQ: META), the parent company of Facebook, Instagram, and WhatsApp. Issued through
Ondo Finance’s tokenized stock framework, METAON allows eligible investors, primarily outside the U.S., to gain economic exposure to Meta stock in a digital, on-chain format.
Each METAON token mirrors the value of the underlying Meta stock and is fully backed by traditional securities held with regulated custodians. The token’s value is designed to track Meta’s share price closely, with adjustments for corporate actions. Unlike direct stock ownership, METAON reinvests any dividends or distributions back into the
tokenized asset (“accumulating” structure), meaning holders don’t receive cash payouts but benefit from compounding.
Functionally, METAON combines the transparency and programmability of blockchain with the familiarity of traditional equity. It trades like any ERC-20 token on supported platforms but represents a claim on
real-world assets. This makes it easier for investors to trade fractionalized Meta exposure 24/7, move positions across wallets, and integrate with DeFi tools, something traditional brokerage accounts can’t offer.
How Is METAON Different From Holding META Stock Directly?
Holding METAON differs from owning Meta Platforms (META) stock directly because it exists as a tokenized version on the blockchain. Instead of shares being held in a brokerage account, METAON is issued as an ERC-20 token backed 1:1 by Meta stock held with regulated custodians. This makes it accessible to global investors outside traditional markets, enabling 24/7 trading and fractional ownership.
Another key difference is in income handling and settlement. While META stockholders may receive cash dividends directly, METAON reinvests any income back into the token through an accumulating structure. Additionally, trading METAON carries blockchain-related benefits like wallet portability and integration with DeFi, but it also introduces risks such as regulatory uncertainty and lower liquidity compared to traditional equity markets.
When Did Meta Platforms Tokenized Stock (Ondo) Launch?
Meta Platforms Tokenized Stock (Ondo) (METAon) is part of Ondo Finance’s broader push into tokenizing real-world assets. Ondo was founded by Nathan Allman (CEO) along with other leadership including Justin Schmidt (President). METAon was officially launched with the roll-out of Ondo Global Markets on July 31, 2025 as the inception date for METAon. Then on September 3, 2025, Ondo Finance publicly launched Global Markets live, making over 100 tokenized U.S. stocks & ETFs, including METAon, available to non-U.S. investors on
Ethereum.
Ondo Tokenized Equities: Roadmap and Key Milestones
- July 31, 2025: METAon’s inception date.
- September 3, 2025: Launch of Ondo Global Markets on Ethereum; over 100
tokenized U.S. stocks and ETFs become available to non-U.S. investors.
- By end of 2025: Plan to scale asset count to over 1,000 tokenized stocks and ETFs.
- Cross-chain expansion: Support for other blockchains, e.g.,
Solana,
BNB Chain, possibly Ondo Chain, via interoperability tools such as
LayerZero.
- Broader integrations: More wallets, exchanges, and DeFi protocols to support minting, trading, and usage of tokenized stocks.
- Institutional product features and investor protections: Daily verification of reserves, regulated custody, and first-priority security interests to build confidence among investors.
What Is the METAON Token Utility?
The METAON token provides investors with on-chain access to the economic performance of Meta Platforms Inc. (META) stock. It allows non-U.S. investors to gain exposure to Meta’s price movements in a fractional, 24/7 tradable format while benefiting from dividend reinvestment through its accumulating structure. Beyond simple exposure, METAON can be used in DeFi ecosystems for collateralization, yield strategies, and cross-border settlement, offering more flexibility than holding traditional shares.
You can trade METAON tokens on the
BingX spot market by logging into your account, searching for the
METAON/USDT pair, and placing buy or sell orders instantly. Once purchased, tokens are credited to your BingX wallet, where you can hold, transfer, or trade them at any time.
What Is Meta Platforms Tokenized Stock (Ondo) Tokenomics?
METAON is a tokenized real-world asset (RWA) token: it represents fractional ownership exposure to Meta Platforms (NASDAQ: META) stock. Each token is backed by actual shares held with regulated custodians, and it “accumulates” any income (e.g. dividends) rather than paying them out in cash. This design ensures the token’s value more closely tracks the economic performance of the underlying stock, including corporate actions.
What Blockchain Network Does Meta Platforms Tokenized Stock (Ondo) Operate on?
Meta Platforms Tokenized Stock (Ondo) (METAON) operates on the Ethereum blockchain as an ERC-20 token. This ensures compatibility with the broader Ethereum ecosystem, including wallets, decentralized exchanges, and DeFi protocols. By leveraging Ethereum’s security and transparency, METAON provides investors with verifiable, on-chain exposure to Meta Platforms Inc. stock, while allowing seamless integration with smart contracts and other blockchain-based financial services.
How to Store METAON Tokens Securely
The most convenient way to store your METAON tokens is directly in your BingX account wallet. By keeping your holdings on BingX, you benefit from the platform’s strong security measures, including
proof-of-reserve audits, multi-layered risk management systems, and the
BingX Shield Fund that protects users against unexpected events. This option is ideal if you plan to trade METAON frequently or want a hassle-free, exchange-managed storage solution.
Is Meta Platforms Tokenized Stock (Ondo) (METAON) a Good Investment?
Whether METAON is a good investment depends on your goals, risk tolerance, and belief in tokenized securities. On the upside, it offers fractional, 24/7 exposure to Meta Platforms stock through a blockchain token, with income reinvested rather than paid out. This makes it more accessible than buying full shares in U.S. markets, especially for non-U.S. investors, and gives some benefits like portability, lower entry cost, and integration with DeFi tools.
On the downside, tokenized stocks carry extra risk: you typically do not get full shareholder rights (voting, certain legal protections), regulatory frameworks are still evolving, and liquidity can be limited outside of major exchanges. Also, price-tracking and custody depend on trusted custodians and infrastructure, which adds operational or counterparty risk. So if you're comfortable with those, METAON could be a useful part of a diversified portfolio, but it’s not without trade-offs.