Franklin Responsibly Sourced Gold ETF (FGDLON) price

FGDLON tracks the price of gold through Franklin Responsibly Sourced Gold ETF. Depending on the issuer, a gold token either follows shares in a gold fund that holds bullion or is issued directly against gold the issuer holds in a vault.

Gold pays no income, so the value of FGDLON comes from the gold price alone, less any fund or issuer costs.

FGDLon is the Ondo Tokenized version of the Franklin Responsibly Sourced Gold ETF, giving tokenholders economic exposure similar to holding FGDL and reinvesting any dividends. Ondo tokenized stocks enable non-US retail and institutional users around the world to instantly mint and redeem tokenized U.S. stocks and ETFs, 24 hours a day, five days a week with full access to traditional exchange liquidity. Additional restrictions apply. Learn more at ondo.finance/global-markets.

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FGDLON contract address

CYqLHM92EhmF83iNgfN4A1j2ckjsHigRvXu7xHCondo

Ticker

FGDLON

Issuer

Ondo Finance

Status

Verified

FGDLON is issued by Ondo Finance. Ondo Finance issues its tokenized stocks and ETFs through Ondo Global Markets, which holds the underlying securities with custodians and handles minting and redemption for eligible clients.

What you hold is the token, not the underlying asset. FGDLON tracks the price of Franklin Responsibly Sourced Gold ETF, but it doesn't give you shareholder rights or a direct claim on the underlying holdings. Minting and redemption are handled by Ondo Finance for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping FGDLON, and it does not issue, back, or custody the token.

The price of FGDLON on Solana is set by on-chain trading. Where liquidity is deep, it tends to stay close to the underlying price. Where liquidity is thin, a small swap can move the price and the gap to the underlying can widen.

The asset behind FGDLON doesn't pay distributions, so the value of FGDLON reflects price movement alone.

FGDLON can be swapped on Solana at any hour, but the fund it tracks trades only during US market hours. Outside those hours there's no live fund price, so the price of FGDLON comes from on-chain trading alone and can drift from the fund's last close.

Other tokens tracking Franklin Responsibly Sourced Gold ETF