QQQON Invesco QQQ ETF (Ondo Tokenized ETF) Rank #586

QQQon is a tokenized representation of the Invesco QQQ ETF, issued through Ondo's tokenization platform. Each token is designed to track the economic performance of the underlying QQQ fund, including reinvested dividends, so that holders experience returns comparable to directly owning shares of the ETF. The token is part of Ondo's broader effort to bring traditional U.S. financial assets on-chain. Through this infrastructure, eligible retail and institutional users outside the United States can mint and redeem tokenized versions of U.S. stocks and ETFs continuously during market hours, with underlying access to traditional exchange liquidity. Certain jurisdictional and regulatory restrictions apply to participation. QQQon is issued across multiple blockchain networks associated with the Ondo ecosystem, including Ethereum, BNB Chain, Solana, and HyperEVM. As a tokenized exchange-traded product, it belongs to the category of real-world assets (RWA) that bridge conventional securities with decentralized finance infrastructure.