How to Buy Intuit (Ondo Tokenized Stock) (INTUON) on LBank

Intuit (Ondo Tokenized Stock), identified by the ticker INTUon, is a digital asset project launched by Ondo Finance as part of its Global Markets initiative. This project focuses on the tokenization of real-world assets, specifically allowing investors to gain economic exposure to the common stock of Intuit Inc. through blockchain technology. The primary purpose of INTUon is to bridge traditional equity markets with the decentralized finance ecosystem. By representing shares of a major public company as tokens on a blockchain, the project enables 24/7 trading, instant settlement, and fractional ownership. This differs from traditional stock markets, which typically operate during specific business hours and require several days for trade settlement. Operationally, each INTUon token is intended to be fully backed by the underlying shares of Intuit stock. These physical shares are held in custody by regulated U.S. broker-dealers. The project is designed as a total return tracker, meaning that token holders receive the economic benefits of holding the actual stock, including the value of any dividends, which are typically reinvested into the underlying asset to reflect the stock's performance. The project utilizes smart contracts on blockchain networks like Ethereum and BNB Chain to manage the issuance and transfer of tokens. It integrates decentralized infrastructure, such as Chainlink oracles for real-time pricing data and LayerZero for cross-chain interoperability. To ensure transparency and security, the backing of the tokens is reviewed by independent third-party verification and security agents. Access to INTUon is subject to significant regulatory restrictions. It is specifically designed for non-U.S. retail and institutional investors. Residents of the United States, United Kingdom, and certain other jurisdictions are generally excluded from participating in the minting or redeeming of these tokenized shares. For eligible global users, the project offers a way to interact with U.S. capital markets directly through digital wallets without the immediate need for a traditional brokerage account, while maintaining the liquidity of the underlying traditional exchange. Learn more