What is Exxon Mobil ($XOM) tokenized stock (XOMON)?
$XOM is the stock ticker symbol for Exxon Mobil Corporation, a multinational energy company engaged in the exploration, production, refining, and marketing of oil and natural gas. The company operates across upstream, downstream, and chemical segments, producing crude oil, natural gas, petroleum products, and petrochemicals used in manufacturing and industrial applications worldwide.
Exxon Mobil operates in numerous countries across North America, Europe, Asia-Pacific, Africa, and the Middle East. The company generates revenue through the sale of crude oil, natural gas, refined fuels, and chemical products. Originally founded in 1870 as part of John D. Rockefeller’s Standard Oil enterprise, Exxon Mobil is headquartered in Spring, Texas and is listed on the New York Stock Exchange (NYSE).
$XOMon is Ondo’s tokenized version of Exxon Mobil ($XOM), 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 $XOM, including the reinvestment of any dividends if applicable. This allows tokenholders to gain financial exposure to Exxon Mobil 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 $XOMon during market hours, with settlement linked to the liquidity and pricing of the stock on traditional exchanges. Because $XOMon 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.
$XOMon 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 $XOMon tokens directly in MEW. Swap your BTC, ETH, USDC, and other crypto to $XOMon tokenized stocks. View $XOMon token information, price history, volume, market cap, and dividend payments. Send your $XOMon tokens to other wallets and trade $XOMon 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.