PEPON PepsiCo (Ondo Tokenized Stock) Rank #2254

PEPON is the Ondo tokenized representation of PepsiCo common stock, issued within Ondo's Global Markets platform as a Real World Asset (RWA). The token provides tokenholders with economic exposure comparable to holding the underlying PEP shares, including the reinvestment of any associated dividends. Operating across multiple blockchain environments, including Ethereum, BNB Chain, and Solana, PEPON forms part of Ondo's broader portfolio of tokenized U.S. equities and exchange-traded funds. The primary function of the token is to broaden access to traditional U.S. securities by enabling non-U.S. retail and institutional participants to mint and redeem tokenized representations of these assets on-chain, with a trading window of 24 hours a day, five days a week. The structure is designed to connect on-chain users with the liquidity available on traditional stock exchanges. Additional jurisdictional and eligibility restrictions apply, and complete details are available through Ondo Finance's documentation.