What is iShares TIPS Bond ETF ($TIP) tokenized stock (TIPON)?
$TIP is the stock ticker symbol for the iShares TIPS Bond ETF, an exchange-traded fund that seeks to track the performance of U.S. Treasury Inflation-Protected Securities (TIPS). TIPS are U.S. government bonds designed to adjust their principal value based on changes in inflation, helping preserve purchasing power.
The fund holds a diversified portfolio of TIPS with varying maturities and provides exposure to inflation-linked U.S. government debt. $TIP is managed by BlackRock and trades on the NYSE Arca.
$TIPon is Ondo’s tokenized version of iShares TIPS Bond ETF ($TIP), 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 $TIP, including the reinvestment of any dividends if applicable. This allows tokenholders to gain financial exposure to iShares TIPS Bond 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 $TIPon during market hours, with settlement linked to the liquidity and pricing of the stock on traditional exchanges. Because $TIPon 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.
$TIPon 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 $TIPon tokens directly in MEW. Swap your BTC, ETH, USDC, and other crypto to $TIPon tokenized stocks. View $TIPon token information, price history, volume, market cap, and dividend payments. Send your $TIPon tokens to other wallets and trade $TIPon 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.