Franklin High Yield Corporate ETF (Ondo Tokenized ETF)
(FLHYon)
Onchain Marketcap$499,116
Active Marketcap$499,116
DeFi Active TVL$192
FLHYon Price$24.45
Chains3
Token Properties
CategoryStocks & Equities,Bond & MMF Funds
Asset ClassEquity Basket,Corp Bond Fund
TypeAsset
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformOndo
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
CEX ListedIndicates whether the token is listed on a centralized exchange
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Issuer Information
IssuerOndo Global Markets (BVI) Limited
ISINUS35473P6299
Registry InformationOndo Global Markets (BVI) Limited issues Ondo Global Markets tokens as structured notes designed to track the performance of the corresponding underlying publicly traded stock or ETF (including dividends, which are reinvested where applicable). The notes are governed by the Issuer’s Sales Terms under Swiss law. GM tokens are fully backed 1:1 by the corresponding underlying securities held with regulated custodial broker-dealers, plus an additional collateral buffer. Ondo publishes ongoing attestations and reporting for GM token backing (verified by Ankura Trust Company).
Sourcehttps://docs.ondo.finance/ondo-global-markets/legal-and-regulatory
Attestations
Date of Last AttestationDaily (ongoing)
Attestation FrequencyDaily
View AttestationsThird-party verification reportsNotes
- FLHYon is an Ondo Global Markets tokenized ETF exposure designed to provide economic exposure to Franklin High Yield Corporate ETF, an actively managed high-yield corporate bond ETF seeking a high level of current income with a secondary goal of capital appreciation. The token is designed to be fully backed by the underlying publicly traded ETF, together with cash in transit, held with regulated custodial broker-dealers. Tokenholders are not shareholders of the underlying. ETF distributions are reflected through Ondo's total return mechanics, with value reinvested net of applicable withholding taxes.
DeFi Active TVL by Protocol
Protocol | ||
|---|---|---|
| $180 | 93.75% | |
| $12 | 6.25% |