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Alibaba (Ondo Tokenized Stock)

BABAON Rank #2202
$106.78▲ 0.02%24h
Low $106.35High $107.13

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Market cap$2.58MRank #2202
Fully diluted value$2.58M
Volume (24h)$1.25MVol / Mcap 48.38%
Circulating supply24.1KBABAON
Total supply24.1K
Max supply∞no hard cap
All-time high$192.16Oct 2, 2025
All-time low$90.78Jun 26, 2026

What is Alibaba (Ondo Tokenized Stock)?

Overview

BABAON provides tokenized exposure to Alibaba stock, allowing non-US retail and institutional investors worldwide to access traditional U.S. equity markets through blockchain. The token represents economic rights equivalent to holding Alibaba shares with dividends reinvested. Minting and redemption occur 24 hours a day, five days a week, with full access to traditional exchange liquidity.

How it works

BABAON operates across multiple blockchain networks including Ethereum, BNB Chain, HyperEVM, and Solana, enabling cross-chain accessibility. Users can instantly mint and redeem tokenized Alibaba stock, creating a bridge between traditional equity markets and decentralized finance infrastructure.

Token and supply

Total supply is approximately 24 thousand tokens with no maximum supply cap listed. The token functions as a direct representation of Alibaba stock holdings rather than as a utility token for fees, staking, or governance purposes.

Where to trade BABAON

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BABAON funding rates

Live perpetual funding on every connected exchange. Positive = longs pay shorts.

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Contracts & chains

Exact contract or mint per network — the identity layer used for DEX routing.

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On-chain routes

Networks with a connected DEX routing adapter.

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Alibaba (Ondo Tokenized Stock) news

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