Coinranking is better without ads. Better without the ads. Elite keeps it that way and unlocks the full Pro Chart and premium features. Elite keeps it that way.

What is Microsoft (Ondo Tokenized) (MSFTon)?

Quick Facts

  • Issuer: Ondo Finance (Ondo Stocks platform)
  • Underlying asset: Microsoft Corporation common stock (MSFT)
  • Blockchains: Ethereum and BNB Smart Chain
  • Eligibility: Non-US retail and institutional investors
  • Dividend treatment: Automatically reinvested into token value
  • Performance fees: 0%
  • Custody: Underlying shares held by regulated broker-dealer at the DTC

Introduction

MSFTon is a blockchain-based token that gives investors economic exposure linked to Microsoft Corporation's publicly traded stock, MSFT. Issued by Ondo Finance, it is part of the Ondo Stocks platform — one of the largest tokenized equities ecosystems in the world.

Rather than buying MSFT through a traditional brokerage, eligible users can mint MSFTon directly on-chain, gaining Microsoft-linked price exposure without ever leaving the crypto ecosystem.

History & Background

Ondo Finance began tokenizing real-world assets in 2023, initially focusing on US Treasuries. In September 2025, the firm formally launched Ondo Global Markets — later rebranded to Ondo Stocks in July 2026 — expanding its catalog to over 100 US stocks and ETFs, with MSFTon among the flagship offerings.

The platform grew rapidly, crossing $1 billion in total value locked within eight months of launch. Ondo had previously raised a $20 million Series A round backed by prominent investors including Founders Fund and Pantera Capital.

How Microsoft (Ondo Tokenized) Works

MSFTon follows a mint-and-redeem model. A regulated US broker-dealer, Alpaca, purchases and custodies the actual Microsoft shares. Those shares are held at the Depository Trust Company (DTC) — the same settlement infrastructure used by traditional US stock markets.

Eligible users can mint new MSFTon tokens by depositing funds, or redeem existing tokens for the equivalent underlying value. Dividends paid by Microsoft are automatically reinvested, incrementally increasing each token's net asset value over time. Token holders receive economic exposure to MSFT but do not hold traditional shareholder rights such as voting.

Tokenomics

MSFTon is a fully asset-backed token: every token in circulation corresponds to approximately one share of Microsoft stock held in custody. There are no performance fees charged. The token's value tracks Microsoft's market price plus any reinvested dividends, making it a pure economic mirror of MSFT rather than a speculative derivative.

Circulating Supply ? 15,600 MSFTon
Reserved supply ? 0 MSFTon
Burned
0x0000000000000000000000000000000000000001
0 MSFTon
Total supply ? 15,600 MSFTon
Max supply ? -- MSFTon
Updated 18h ago

Ecosystem & Use Cases

Beyond direct price exposure, MSFTon can be used within DeFi protocols as collateral, for lending, or in liquidity strategies. The token is accessible through popular wallets such as MetaMask and Ledger Live, and is tradeable on major crypto exchanges and DEXs including PancakeSwap on BNB Chain.

Team, Governance & Community

MSFTon is governed by Ondo Finance, a US-based firm focused on real-world asset tokenization. The team includes professionals with backgrounds at Goldman Sachs and traditional financial institutions. Ondo maintains dedicated compliance and risk frameworks, including an SEC registration filing, to serve a regulated global investor base.

Advantages

  • Global access: Opens US equity exposure to investors in Asia-Pacific, Europe, Africa, and Latin America
  • 24/7 on-chain settlement: Unlike traditional stock markets, tokens can be transferred at any time
  • Automated dividends: No manual action needed — dividends reinvest directly
  • DeFi composability: Can be used as collateral or in lending protocols
  • Zero performance fees: No additional cost beyond the token's tracked asset value

Risks & Challenges

  • Regulatory risk: US, UK, and EEA residents face access restrictions; regulatory landscapes can shift
  • Custodial risk: Trust is placed in Ondo's regulated custodians to hold the underlying shares safely
  • No shareholder rights: Token holders lack voting rights and direct legal ownership of MSFT shares
  • Platform risk: Smart contract vulnerabilities or Ondo platform disruptions could affect token functionality
  • Market hours gap: Minting and redemption are available 24/7, but underlying stock liquidity depends on Nasdaq trading hours

Long-Term Vision

MSFTon represents Ondo Finance's broader mission to make traditional financial markets natively accessible on-chain. As the Ondo Stocks platform scales toward hundreds of tokenized assets across multiple blockchains, MSFTon is positioned as a flagship product bridging the gap between global crypto users and some of the world's largest public companies. Regulatory progress — such as potential US legislation — could eventually expand eligibility to even more investors worldwide.

Frequently Asked Questions

MSFTon is a blockchain-based token issued by Ondo Finance that provides economic exposure linked to Microsoft Corporation's common stock (MSFT). It is designed for non-US investors who want to access US equity markets via crypto infrastructure.

MSFTon is available to qualified non-US retail and institutional investors in regions including Asia-Pacific, Europe, Africa, and Latin America. US, UK, and certain EEA residents currently face access restrictions.

Each MSFTon token is backed 1:1 by actual Microsoft shares purchased and held by a regulated US broker-dealer (Alpaca) at the Depository Trust Company (DTC). This gives the token a direct link to the underlying security.

Yes, but not as direct cash payments. Microsoft dividends are automatically reinvested into the underlying shares after applicable taxes are withheld, which gradually increases each token's net asset value.

No. MSFTon provides economic exposure to Microsoft's stock price and total return, but holders do not receive traditional shareholder rights such as voting at Microsoft shareholder meetings.

MSFTon is primarily issued on Ethereum and is also available on BNB Smart Chain. The Ondo Stocks platform has also expanded to Solana for broader multi-chain access.

Ondo charges zero performance fees on MSFTon. The token's value simply tracks the price of Microsoft stock plus reinvested dividends, without any additional management or performance fee deductions.

Yes. MSFTon is composable with DeFi protocols and can be used as collateral, in lending strategies, or within liquidity pools. It is also accessible through major wallets like MetaMask and Ledger Live.