Price change (24h):
0.90%
High (24h):
$93.99
Low (24h):
$90.72
Volume (24h):
$62.16K
Market Cap:
$16.76K
All Time High:
4.72% $97.35
Jun 22, 2026
All Time Low:
17% $79.58
Mar 23, 2026
IShares MSCI Japan ETF (Ondo Tokenized)
EWJON0.00 %(1Y)
$92.76
About IShares MSCI Japan ETF (Ondo Tokenized)
EWJon, the iShares MSCI Japan Tokenized ETF (Ondo), is a cryptocurrency that delivers a direct on-chain wrapper for the iShares MSCI Japan ETF, a fund tracking large and mid-cap Japanese equities.
It dismantles the infrastructure chasm between global investors and US-listed exchange-traded funds. Non-US retail participants and institutions can mint and redeem tokenized shares of the ETF twenty-four hours a day during the traditional equity week, bypassing the need for a domestic brokerage relationship. The token automatically reinvests any dividends, replicating the total return of the underlying fund while granting full access to the liquidity of conventional markets.
The token operates on the Ethereum, Solana, and BNB Chain networks. Ondo distributes the asset across these chains to harness each environment’s liquidity profile and developer ecosystem. A single unified supply is maintained, with atomic mint-and-burn operations synchronizing the tokens across networks so that one EWJon always represents one share of the ETF held in a regulated custodian account.
Smart contract standards vary by chain: an ERC-20 contract on Ethereum, a BEP-20 instance on BNB Chain, and an SPL token on Solana. Price feed oracles pull the ETF’s net asset value on-chain, enforcing parity during minting and redemption and allowing the token to track the share price of the iShares MSCI Japan ETF with minimal deviation. Additional identity and compliance checks gate the mint/redeem process, embedding the regulatory perimeter directly into the token’s logic.
Ondo Finance architected the Global Markets pipeline to bring yield-bearing securities onto public ledgers. EWJon joined the catalogue of tokenized ETFs as demand for continuous, around-the-clock exposure to Asian equity markets intensified. No public founding individuals are tethered to this specific token; rather, it is a product of Ondo’s institutional-grade infrastructure, which connects to primary market makers and licensed custodians to source and safeguard the underlying ETF shares.
The protocol’s mission extends beyond simple tokenization; it aims to collapse the artificial separation between public blockchain settlement and the $100 trillion legacy securities market. By wrapping a Japanese equity basket into a neutral cryptographic bearer instrument, Ondo creates a permissionless distribution layer for an asset class previously cordoned off by local broker-dealer mandates and timezone constraints.
Each EWJon token functions as a cryptographically-sealed claim on one share of the iShares MSCI Japan ETF held in a bankruptcy-remote custody structure. Minting requires the depositor to deliver the underlying ETF share into the program; the smart contract then issues a fresh token. Redemption destroys the token and instructs the custodian to release the corresponding share back to the authenticated wallet or user. The token’s sole mechanical purpose is to transfer exposure without moving the physical asset, allowing the record of ownership to flow frictionlessly across wallets, exchanges, and DeFi protocols while the underlying security remains immobilized.
Market makers take the lead role, using mint-and-burn privileges to calibrate on-chain liquidity and keep the token’s price aligned with the NAV. Institutional traders can use EWJon to execute cross-border arbitrage between decentralized exchange pools and the NYSE Arca listing of the ETF. A retail holder might deposit the token as collateral in a lending protocol to borrow stablecoins, or simply accumulate it as a non-custodial, dividend-reinvesting proxy for the Tokyo Stock Exchange’s performance without ever opening a US securities account.
iShares MSCI Japan Tokenized ETF (Ondo) (EWJon) has a total supply of 22.53 tokens. Currently, 22.53 tokens are in circulation. With a market capitalization of $1,964.56, iShares MSCI Japan Tokenized ETF (Ondo) (EWJon) ranks #12,203 among all cryptocurrencies.
IShares MSCI Japan ETF (Ondo Tokenized) Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $93.75 | $91.42 | $93.99 | $90.72 |
| 07/07/2026 | $95.15 | $93.75 | $95.34 | $93.61 |
| 06/07/2026 | $95.04 | $95.15 | $95.36 | $93.77 |
| 05/07/2026 | $95.18 | $95.24 | $95.39 | $94.58 |
| 04/07/2026 | $95.81 | $94.87 | $95.82 | $94.61 |
| 03/07/2026 | $93.24 | $95.81 | $96.42 | $93.17 |
| 02/07/2026 | $93.25 | $93.44 | $94.31 | $92.26 |
| 01/07/2026 | $93.49 | $93.25 | $93.51 | $92.99 |
Why is manual trading IShares MSCI Japan ETF (Ondo Tokenized) a bad idea?
Manual ewjon trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
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Zero-emotion algorithm Disciplined strategy
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20,000+
traders trusted Stoic AI
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FAQ
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IShares MSCI Japan ETF (Ondo Tokenized) (EWJON) 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 EWJON price, market cap, and 24-hour trading volume at the top of this page.
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The current price of IShares MSCI Japan ETF (Ondo Tokenized) (EWJON) is $92.76. Over the last 24 hours, it has moved -0.90%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy IShares MSCI Japan 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 EWJON 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 MSCI Japan 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 - EWJON 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 MSCI Japan 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. EWJON 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.
