Taiwan Semiconductor Manufacturing (Ondo Tokenized Stock)

TSMON

RWA, payments and rwa weightsMarket-cap rank 1534, CoinGecko 23 Oct 2026

STRICT score withheld.Score opens with Pro

Sustainabilitywithheld×0.24–

Transparencywithheld×0.20–

Revenuewithheld×0.16–

Innovationwithheld×0.12–

Communitywithheld×0.12–

Tokenomicswithheld×0.16–

Weights are public.

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About Taiwan Semiconductor Manufacturing (Ondo Tokenized Stock)

Analysis of 6 Apr 2026

Taiwan Semiconductor Manufacturing (Ondo Tokenized Stock), or TSMON, is a tokenized representation of Taiwan Semiconductor Manufacturing Company (TSM) stock, issued by Ondo Global Markets through the Ondo Finance platform. Each TSMON token is backed 1:1 by real TSM shares held in custody by Alpaca Securities LLC (broker-dealer) and BitGo (digital asset custodian).

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The token operates as a structured note under Swiss law, issued through a BVI-registered Special Purpose Vehicle (SPV). TSMON enables 24/5 on-chain trading of TSM equity exposure across Ethereum, BNB Chain, and Solana, with Chainlink oracles providing price feeds.

Dividends are automatically reinvested into the token value (subject to 30% BVI withholding tax). Ondo Finance, founded by Nathan Allman (ex-Goldman Sachs), has grown to over $700M in total value locked across its tokenized products and commands more than 60% of the tokenized equity market.

The platform holds regulatory approvals from Abu Dhabi ADGM and had its SEC investigation closed without enforcement action in early 2026.

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