Tower Semiconductor Tokenized Stock (Ondo)
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About Tower Semiconductor Tokenized Stock (Ondo)Tower Semiconductor Tokenized Stock (Ondo) is a token on Ondo Global Markets that provides total-return exposure to Tower Semiconductor Ltd common stock, a specialty semiconductor foundry. A proposed 2022 acquisition by Intel was terminated in 2023 after failing to secure Chinese regulatory approval; Tower remains an independent, publicly listed company. 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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