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About Analog Devices Tokenized Stock (Ondo)
Analog Devices Tokenized Stock (ADION) is a tokenized equity offered through Ondo's tokenized stock platform (formerly Ondo Global Markets), designed to give eligible non-U.S. investors on-chain economic exposure to shares of Analog Devices, Inc. (NASDAQ: ADI), a U.S. semiconductor company specializing in analog, mixed-signal and digital signal processing chips. The token is intended to track the value of the underlying share, with dividend value reflected in the token rather than paid out separately. Eligible users can mint and redeem the token during supported hours, and it can also be traded on supported blockchains and third-party venues. ADION is a tokenized representation of a security and does not by itself confer traditional shareholder rights such as voting; availability and eligibility are subject to jurisdictional restrictions.
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