The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.
Research, not financial advice. Read the terms.
About Futu Holdings (Ondo Tokenized Stock)
Analysis of 27 Jun 2026Futu Holdings (Ondo Tokenized Stock), or FUTUON, is an Ondo Global Markets tokenized equity product that gives eligible non-U.S. investors on-chain economic exposure to Futu Holdings Limited (Nasdaq: FUTU).
Full overviewShow less
CoinGecko classifies FUTUON as an Ondo Tokenized Asset, Tokenized Stock, and Real World Asset available on Ethereum, BNB Chain, and Solana. As of June 27, 2026, CoinGecko showed FUTUON near $97, about $0.9M market cap, roughly $60K in 24-hour volume, and around 9,063 circulating tokens, down about 52% from its all-time high.
Ondo documentation describes its tokenized stocks as total-return trackers of the underlying securities, meaning price movements, dividends, and applicable corporate actions are intended to be reflected economically rather than giving holders direct stock, ETF, or ADR ownership.
The underlying Futu business remains operationally strong: Futu reported Q1 2026 revenue of HK$5.86B, up 24.7% year over year, 3.59M funded accounts, 30.2M users, HK$1.22T in client assets, and record quarterly trading volume of HK$4.15T.
However, reported net income fell 61.2% after the company reflected a proposed RMB1.85B CSRC-related penalty in its Q1 financials.
