Price change (24h):
2.79%
High (24h):
$32.94
Low (24h):
$31.15
Volume (24h):
$3.58K
Market Cap:
$45.08K
All Time High:
16.87% $38.47
May 14, 2026
All Time Low:
3% $31.15
Jul 8, 2026
IShares China Large-Cap ETF (Ondo Tokenized)
FXION0.00 %(1Y)
$31.98
About IShares China Large-Cap ETF (Ondo Tokenized)
iShares China Large-Cap Tokenized ETF (Ondo) (FXIon) is a tokenized security engineered to deliver economic exposure parallel to holding the iShares China Large-Cap ETF with dividends automatically reinvested. It sits squarely in the Real World Asset (RWA) lane, a regulated bridge between traditional equity fund shares and on-chain representation.
The product functions as a direct conduit into a $4.2 billion ETF tracking the FTSE China 50 Index—an otherwise difficult target for non-U.S. capital. By tokenizing the underlying fund, Ondo dissolves the jurisdictional lockout that keeps global retail and institutional participants sidelined during their local trading hours. Minting and redemption run on a 24/5 cycle, and the architecture taps into conventional exchange depth without forcing holders to open a U.S. brokerage account or navigate foreign custodianship.
The token operates on the Solana network. Solana’s high-speed state machine anchors the primary issuance, while the settlement layer absorbs throughput demands that tokenized securities place on cheap, rapid finality.
Technically, FXIon exists as an SPL token on Solana, with wrapped representations deployed on Ethereum as an ERC-20 contract and on BNB Smart Chain as a BEP-20 asset. That triple-chain footprint ensures liquidity can route through major decentralized and centralized venues without fragmenting the core net asset value. No oracles are needed to track the reference ETF; the issuer directly collateralizes the token supply with the actual fund shares, and the constant mint-burn mechanism enforces a tight peg.
FXIon emerged from Ondo Finance’s broader push into tokenized securities—an initiative that began carving out a regulated framework for U.S. stocks and ETFs on public blockchains well before the RWA narrative saturated the market. Rather than springing from a single identifiable founder, the product surfaced as a functional module of Ondo’s global markets platform, which had already cleared the compliance hurdles needed to serve non-U.S. persons. Early adoption clustered among proprietary trading desks and fintech aggregators seeking programmatic access to Chinese large-cap exposure outside U.S. market hours.
The project’s driving thesis is to dismantle the geographic and temporal walls that quarantine U.S. exchange-traded products from global investors. Where a conventional FXI share is bound by New York trading windows, clearing rails, and broker-dealer intermediaries, FXIon recasts the same asset as a bearer instrument on a censorship-resistant settlement fabric, reachable any time order books are live.
Inside the protocol, FXIon acts as a receipt token evidencing an undivided beneficial interest in a pool of iShares China Large-Cap ETF shares held off-chain. Users mint the token by depositing the reference asset or its cash equivalent through the platform, burning it later to unwind the position. Every dividend distribution gets reinvested automatically, boosting the token’s net asset value without a separate claim step, while the mint-burn spread subtly compensates liquidity providers who keep the secondary market afloat.
An algorithmic market maker in London can acquire FXIon during a Sunday evening planning cycle and carry Chinese large-cap directional exposure immediately, rather than waiting for Monday’s U.S. open. Conversely, a Southeast Asian family office holding the token can redeem it against the underlying basket anytime during the five-day window, converting a traditionally illiquid time zone gap into an execution edge.
iShares China Large-Cap Tokenized ETF (Ondo) has a total supply of 520.59 tokens. Currently, 520.59 are in circulation. With a market capitalization of $19,168.45, iShares China Large-Cap Tokenized ETF (Ondo) ranks #8,715 among all cryptocurrencies.
IShares China Large-Cap ETF (Ondo Tokenized) Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 09/07/2026 | $32.18 | $31.51 | $32.18 | $31.15 |
| 08/07/2026 | $32.36 | $32.16 | $33.20 | $32.10 |
| 07/07/2026 | $32.44 | $32.36 | $32.73 | $31.70 |
| 06/07/2026 | $32.16 | $32.44 | $32.73 | $31.95 |
| 03/07/2026 | $32.07 | $32.14 | $32.16 | $31.93 |
| 02/07/2026 | $32.10 | $32.01 | $32.20 | $31.79 |
Why is manual trading IShares China Large-Cap ETF (Ondo Tokenized) a bad idea?
Manual fxion trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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IShares China Large-Cap ETF (Ondo Tokenized) (FXION) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live FXION price, market cap, and 24-hour trading volume at the top of this page.
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The current price of IShares China Large-Cap ETF (Ondo Tokenized) (FXION) is $31.98. Over the last 24 hours, it has moved -2.79%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy IShares China Large-Cap ETF (Ondo Tokenized) on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your FXION investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
IShares China Large-Cap ETF (Ondo Tokenized)'s price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - FXION can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether IShares China Large-Cap ETF (Ondo Tokenized) is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. FXION can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
