3.54%What IAUON tracks
IAUON tracks the price of gold through iShares Gold Trust. 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 IAUON comes from the gold price alone, less any fund or issuer costs.
About iShares Gold Trust (Ondo Tokenized)
IAUon is the Ondo Tokenized version of iShares Gold Trust, giving tokenholders economic exposure similar to holding IAU 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.
Website
XIAUON contract address
Ticker
Issuer
Status
How IAUON works
IAUON 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. IAUON tracks the price of iShares Gold Trust, 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 IAUON, and it does not issue, back, or custody the token.
The price of IAUON 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 IAUON doesn't pay distributions, so the value of IAUON reflects price movement alone.
When can you trade IAUON?
IAUON 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 IAUON comes from on-chain trading alone and can drift from the fund's last close.
Related markets
More in Gold
| Rank | Tokenized by | Trading hours | Buy | |||
|---|---|---|---|---|---|---|
| 1 | Tether Gold | $3,876.46 | 0.02% | Tether | 24/7 | |
| 2 | SPDR Gold Shares | $355.291 | 0.02% | Backed Finance | US market hours | |
| 3 | SPDR Gold Shares | $355.291 | 0.02% | Ondo | US market hours | |
| 4 | Franklin Responsibly Sourced Gold ETF | $51.62 | 0.14% | Backed Finance | US market hours | |
| 5 | Franklin Responsibly Sourced Gold ETF | $51.62 | 0.14% | Ondo | US market hours |