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About iShares TIPS Bond Tokenized ETF (Ondo)
What is TIPON?
TIPON (short for Ondo Tokenized iShares TIPS Bond ETF) is a real-world asset token that lets you own a piece of the iShares TIPS Bond ETF on the blockchain. It tracks U.S. Treasury Inflation-Protected Securities (TIPS)—meaning your investment moves with inflation, not against it.
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