Tokenized $STRC — Strategy's perpetual preferred stock carrying an 11.5% annual dividend — is now live on Ethereum, BNB Chain, and Solana through Ondo Global Markets. The launch marks one of the more concrete examples of a real-world yield instrument being made accessible on-chain across multiple networks simultaneously.
Perpetual preferred stock with a fixed yield has historically been the domain of institutional fixed-income desks. Bringing it to three major chains via Ondo opens the instrument to a far broader set of holders who can now access the monthly dividend stream without touching traditional brokerage infrastructure.
For the tokenized real-world asset space, multi-chain availability at launch sets a new baseline — suggesting issuers are increasingly treating chain fragmentation as a distribution problem to solve from day one.
Frequently asked questions
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How does tokenization of preferred stock benefit individual investors?
Tokenization allows individual investors to access the 11.5% annual dividend from Strategy's preferred stock without needing traditional brokerage services, broadening the investor base.
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What implications does multi-chain availability have for the future of tokenized assets?
Multi-chain availability at launch indicates that issuers are recognizing chain fragmentation as a distribution challenge, potentially leading to more inclusive access to tokenized assets.
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