Price change (24h):
1.52%
High (24h):
$82.11
Low (24h):
$80.66
Volume (24h):
$734.92K
Market Cap:
$9.75M
All Time High:
37.39% $129.85
Nov 30, 2025
All Time Low:
34% $60.86
Sep 4, 2025
0.00 %(1Y)
$80.78
Price change (24h):
1.52%
High (24h):
$82.11
Low (24h):
$80.66
Volume (24h):
$734.92K
Market Cap:
$9.75M
All Time High:
37.39% $129.85
Nov 30, 2025
All Time Low:
34% $60.86
Sep 4, 2025
iShares Core MSCI Emerging Markets Tokenized ETF (Ondo), designated by the ticker IEMGon, is a cryptocurrency that delivers direct on-chain economic exposure to the iShares Core MSCI Emerging Markets ETF. It exists as a tokenized wrapper within the Ondo Global Markets framework, bridging a conventional exchange-traded fund to decentralized infrastructure.
The asset functions as a permissionless, round-the-clock mechanism for minting and redeeming fractional entitlements to a broad basket of large- and mid-cap equities across 24 emerging market countries. Traditional exchange-listed ETFs restrict trading to standard market hours and often block non-U.S. retail participants; IEMGon dissolves those boundaries by settling transactions through smart contracts five days a week, while still routing liquidity back to the underlying primary market.
IEMGon operates on the Ethereum network, with verifiable token contracts also deployed on Solana and BNB Smart Chain. The multi-chain footprint ensures that holders can move exposure across ecosystems without relying on a single validator set or a centralized bridge.
The Ethereum implementation adheres to the ERC-20 standard, the Solana variant executes under the SPL token framework, and the BNB Smart Chain deployment conforms to BEP-20. Each contract maintains a tight linkage to the reference ETF’s net asset value and automatically accounts for reinvested dividends, providing a real-time claims structure that mirrors the performance of the underlying fund.
The tokenized ETF emerged from Ondo Finance’s Global Markets initiative, which subjects traditional securities to programmable on-chain logic without replacing the regulated custody and clearing pipes. No single founder is publicly credited with IEMGon’s launch; instead, the product crystallized from Ondo’s broader asset tokenization stack after the firm established its first yield-bearing instruments and expanded into equities and fixed-income wrappers.
Ondo designed the vehicle to realign market access for investors excluded from U.S. brokerage rails by geography or regulatory status. Its mission distills to a single objective: collapse the latency, cost, and gatekeeping friction that separates off-exchange capital from registered ETFs, while keeping settlement finality anchored to the New York Stock Exchange and NASDAQ trading calendars.
The token mechanically represents a proportional beneficial interest in the iShares Core MSCI Emerging Markets ETF held by a qualified custodian. Minting requires the depositing of U.S. dollars or USDC equivalent to the fund’s on-chain NAV, triggering issuance of IEMGon to the specified wallet. Redemption works in reverse, burning the token and releasing the corresponding fiat or stablecoin value minus protocol fees.
Institutional traders employ IEMGon to arbitrage price dislocations between on-chain secondary markets and the ETF’s official closing price, especially during Asian and European hours when primary U.S. exchanges sit idle. Retail participants outside the United States accumulate the token to obtain granular, low-minimum exposure to a diversified emerging markets equity sleeve without navigating foreign brokerage account approvals.
iShares Core MSCI Emerging Markets Tokenized ETF (Ondo) has a total supply of 119,759.84 tokens. Currently, 119,759.84 are in circulation, with the entirety of the supply actively representing the custodian-held shares. With a market capitalization of $9,414,459, iShares Core MSCI Emerging Markets Tokenized ETF (Ondo) ranks #1,250 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $80.91 | $81.32 | $81.84 | $80.90 |
| 07/07/2026 | $83.34 | $80.91 | $83.34 | $80.89 |
| 06/07/2026 | $81.01 | $83.34 | $85.98 | $80.95 |
| 05/07/2026 | $81.03 | $80.97 | $81.25 | $80.93 |
| 04/07/2026 | $80.95 | $81.22 | $81.24 | $80.92 |
| 03/07/2026 | $80.72 | $80.94 | $81.24 | $80.61 |
| 02/07/2026 | $82.42 | $80.68 | $82.57 | $80.59 |
| 01/07/2026 | $83.07 | $82.49 | $83.31 | $82.34 |
AI trades 24/7 automatically Catch every opportunity
Zero-emotion algorithm Disciplined strategy
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
Disclaimer:
This website is operated by Cindicator Ltd. (“Cindicator”), a Gibraltar private company. You are solely responsible for compliance with all laws that may apply to you and your use of Cindicator products. Cryptocurrencies and blockchain technologies have been the subject of scrutiny by regulatory bodies worldwide. With respect to your use of Cindicator products, Cindicator makes no representations regarding the applicability or compliance of its products with any laws or regulations, including, without limitation, those related to trading, options, derivatives, or securities. You also assume all legal, economic, and other risks related to your use of Cindicator products, including legal uncertainty, market volatility, and information security risks, among others. Trading in cryptocurrencies and digital assets is highly speculative, and the value of investments can fluctuate dramatically. You may lose a substantial portion or even all of your invested capital, and such trading may not be suitable for everyone. If you are unsure about these risks or your ability to bear potential losses, you should consult with an independent financial advisor before using Cindicator products. Depending on your jurisdiction, access to or use of Cindicator products may be subject to certain legal restrictions or prohibitions. You agree that it is solely your responsibility to determine and comply with any laws and regulations applicable to your use of Cindicator products, and that Cindicator is not responsible for informing you of such requirements.
Cindicator reserves the right to restrict or refuse access to its products for citizens or residents of certain jurisdictions, including those subject to international sanctions or other legal restrictions. All materials provided on this website (including any graphical materials regarding trading strategy performance or P&L) are presented solely for marketing and informational purposes. They do not guarantee any future profits and should not be construed as financial, investment, legal, or other professional advice. Cindicator is not a registered broker-dealer, investment adviser, or regulated financial institution, and the information and services provided do not constitute personal investment advice or a recommendation or offer to buy or sell any securities, cryptocurrencies, or other financial instruments. The information provided herein is summary in nature, does not purport to be complete, and is provided “as is” without any warranty as to its accuracy or completeness. All content may be updated or changed at any time without notice. Past performance is not indicative of future results. To the maximum extent permitted by law, Cindicator (including its directors, officers, and affiliates) shall not be liable for any loss or damage (direct, indirect, special, consequential, or incidental) arising from your use of Cindicator products, this website, or any information contained herein. Please read our Terms of Use for further details. If you do not agree with these terms, please close this site.