ACM Research Tokenized Stock (Ondo)
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About ACM Research Tokenized Stock (Ondo)ACM Research Tokenized Stock (Ondo) is a token on Ondo Global Markets that provides total-return exposure to ACM Research, Inc. common stock, a maker of semiconductor wafer-cleaning, plating, and deposition equipment sold mainly to Chinese chipmakers. In December 2024, the US added ACM's Shanghai and Korea subsidiaries to the BIS Entity List, restricting access to US-origin components and technology, an ongoing risk factor for the business. The token is backed 1:1 by the underlying security held in a regulated brokerage account.
Assets Details
Access Model
Redeemable
-Attestations
-CEX Listed
-KYC to mint or redeem
-Transferable
-Self Custody
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