Vicor (Ondo Tokenized)

VICRON Price

About Vicor (Ondo Tokenized) (VICRon)

Vicor (Ondo Tokenized) is a digital asset that provides on-chain economic exposure to the stock of Vicor Corp, a publicly traded company.

• The token is designed to track the total return of the underlying stock, including the value of reinvested dividends.
• It enables non-US investors to access US equity markets through blockchain technology with 24/5 liquidity.
• Each token is fully backed by the underlying security and managed through a bankruptcy-remote legal structure.

What Is Vicor (Ondo Tokenized)

Vicor (Ondo Tokenized) is a tokenized asset that represents the economic value of Vicor Corp (VICR) shares. It is part of the Ondo Global Markets (Ondo GM) platform, which aims to bridge traditional financial markets with decentralized ecosystems. The primary purpose of the token is to allow investors outside the United States to gain exposure to US publicly traded securities without needing a traditional brokerage account.

Value moves through the system by tracking the "total return" of the underlying stock. This means the token's price reflects both the market price of the stock and the value of any dividends paid out, which are automatically reinvested into the asset (net of applicable withholding taxes). As the value of the underlying company grows or dividends are accrued, the economic benefit is captured by the token holder. This mechanism scales as more assets are onboarded to the platform, creating a diverse index of Real World Assets (RWA) available for on-chain trading.

What Makes Vicor (Ondo Tokenized) Unique

• Total Return Tracking: Unlike some tokenized assets that only track the spot price, VICRon is a total return tracker that accounts for reinvested dividends.
• Atomic Minting and Redemption: Users can mint or redeem tokens instantly in exchange for stablecoins, ensuring that the token remains as liquid as the underlying asset.
• Institutional-Grade Structure: The asset is issued through a special purpose vehicle (SPV) with an independent director, providing a bankruptcy-remote structure that protects investors from the issuer's operational risks.
• Multi-Chain Accessibility: The token is available across several major networks, including Ethereum, BNB Chain, and Solana, allowing users to choose the ecosystem that best fits their needs.

What Can You Use Vicor (Ondo Tokenized) for?

• On-Chain Equity Exposure: Investors can hold exposure to US stocks directly in their digital wallets, simplifying the process of portfolio diversification for non-US residents.
• DeFi Collateralization: The token is designed to be compatible with decentralized finance (DeFi) protocols, potentially allowing users to use their stock exposure as collateral for lending or borrowing.
• 24/5 Trading: While traditional stock markets have limited hours, VICRon can be traded 24 hours a day, five days a week, providing more flexibility for global investors.
• Fractional Ownership: The platform supports fractional tokens, meaning investors do not need to purchase a full share to gain exposure to the underlying company.

How Does Vicor (Ondo Tokenized) Work?

Vicor (Ondo Tokenized) operates as an application utility token on public blockchains. When a user mints the token, the issuer, Ondo Global Markets (BVI) Limited, purchases the corresponding underlying shares of Vicor Corp through a regulated US broker-dealer, such as Alpaca Securities. These shares are held in custody, and a first-priority security interest is established for the benefit of token holders.

The technical mechanism ensures that each token is fully backed by the underlying security or cash in transit. To maintain transparency, the platform provides daily attestations of the assets held at regulated US entities. Because the token is an application-layer asset, users must pay protocol service fees for certain operations, and transactions on the underlying blockchain require native gas fees (e.g., ETH on Ethereum). The system uses smart contracts to handle the minting and burning processes, which have been audited to ensure security and reliability.

Team Info and Investors

Vicor (Ondo Tokenized) is issued by Ondo Global Markets (BVI) Limited, a subsidiary within the broader Ondo Finance ecosystem. Ondo Finance was founded by Nathan Allman and is backed by several prominent venture capital firms, including Founders Fund, Pantera Capital, and Coinbase Ventures. The project operates with a focus on institutional-grade investor protections, utilizing a legal framework that includes third-party security agents and independent directors to oversee the asset backing. Governance and operational support are provided by the Ondo team, which includes professionals with backgrounds in traditional finance and blockchain technology.

Where can you buy Vicor (Ondo Tokenized)?

VICRON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Vicor (Ondo Tokenized) is Ondo Global Markets, where the most active trading pair VICRON/USDON has a trading volume of $696.80 in the last 24 hours.

What is the daily trading volume of Vicor (Ondo Tokenized) (VICRON)?

The trading volume of Vicor (Ondo Tokenized) (VICRON) is $696.03 in the last 24 hours, representing a 12,355.80% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Vicor (Ondo Tokenized) (VICRON)?

Vicor (Ondo Tokenized) (VICRON) reached an all-time high of $368.10 and an all-time low of $305.16. It’s now trading -15.20% below that peak and 2.20% above its lowest price.

What is the market cap of Vicor (Ondo Tokenized) (VICRON)?

Market capitalization of Vicor (Ondo Tokenized) (VICRON) is $4,586.20 and is ranked #11427 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VICRON tokens (15 tokens are tradable on the market today).

What is the fully diluted valuation of Vicor (Ondo Tokenized) (VICRON)?

The fully diluted valuation (FDV) of Vicor (Ondo Tokenized) (VICRON) is $4,586.20. This is a statistical representation of the maximum market cap, assuming total number of 14 ETH tokens are in circulation today.

How does the price performance of Vicor (Ondo Tokenized) compare against its peers?

With a price decline of -8.10% in the last 7 days, Vicor (Ondo Tokenized) (VICRON) is underperforming the global cryptocurrency market which is down -4.80%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Vicor (Ondo Tokenized) (VICRON) to MetaMask?

Adding Vicor (Ondo Tokenized) (VICRON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import VICRON as a token. You can copy VICRON’s contract address (0x6c51001149c7782820c107adce650692ab6c5378) and import it manually, or if you've installed MetaMask's chrome extension, add VICRON to MetaMask with one click on CoinGecko.

Add VICRON to MetaMask.