What is iShares Russell 2000 ETF ($IWM) tokenized stock (IWMON)?
$IWM is the stock ticker symbol for the iShares Russell 2000 ETF, an exchange-traded fund designed to track the performance of the Russell 2000 Index. The fund provides exposure to small-cap U.S. companies across various sectors, including industrials, financials, healthcare, technology, and consumer discretionary.
$IWM is commonly used by investors seeking exposure to the small-cap segment of the U.S. equity market, offering diversification across a broad range of smaller companies. The ETF is managed by BlackRock and is listed on the NYSE Arca.
$IWMon is Ondo’s tokenized version of iShares Russell 2000 ETF ($IWM), created to provide onchain economic exposure that reflects the price and performance of the underlying traditional shares. The token is a total-return tracker designed to track the economic value of $IWM, including the reinvestment of any dividends if applicable. This allows tokenholders to gain financial exposure to iShares Russell 2000 ETF without using a conventional brokerage account.
Ondo’s tokenized assets are structured to give non-U.S. retail and institutional users a compliant way to access U.S. equities. MEW users can swap crypto for Ondo tokenized stocks in MEW Mobile, MEW Portfolio on web, and Enkrypt browser wallet. Through the Ondo platform, eligible users can mint or redeem $IWMon during market hours, with settlement linked to the liquidity and pricing of the stock on traditional exchanges. Because $IWMon exists on a blockchain, it can be held in digital wallets, traded on secondary markets, redeemed for stablecoins, transferred onchain, or integrated into decentralized finance platforms that support regulated tokenized assets.
$IWMon is part of Ondo’s broader suite of tokenized U.S. stocks and ETFs, combining regulated custodial backing with blockchain-based accessibility. Ondo tokenized stock is designed to offer global accessibility, faster settlement windows, and compatibility with crypto-based financial applications, while still reflecting the economic exposure of the underlying asset.
Hold, trade, send and receive $IWMon tokens directly in MEW. Swap your BTC, ETH, USDC, and other crypto to $IWMon tokenized stocks. View $IWMon token information, price history, volume, market cap, and dividend payments. Send your $IWMon tokens to other wallets and trade $IWMon directly to other tokenized stocks, all without a brokerage. Enjoy the benefits of 24/5 trading, faster settlement, low trading fees, global accessibility, DeFi compatibility, transparency, and self-custody with tokenized stock in MEW.