1. Tokenized U.S. stocks and ETFs (available)
Tokenized U.S. stocks are blockchain tokens that track shares of publicly listed companies such as Apple, Microsoft and Tesla. They are issued by Ondo, and the underlying shares are held by custodians arranged by Ondo. Fizen started with tokenized U.S. stocks. The catalogue covers 100+ tokenized U.S. stocks and ETFs, including many large U.S. companies (for example AAPLon, TSLAon and MSFTon), plus ETFs that track U.S. indices, bonds, international markets, gold and silver. See the full list. You buy, sell and hold these tokens directly in your own Fizen wallet, without a traditional brokerage account.Holding a token is not the same as holding the share in a brokerage account. The token is a tokenized representation, and your rights (dividends, voting, corporate actions, redemption) are defined by Ondo and may be less than those of a direct shareholder. See section 7.4 of the Tokenized Securities Terms.
2. Tokenized U.S. government bonds (planned)
U.S. government bonds (Treasuries) are issued by the U.S. Department of the Treasury. Fizen is researching tokenized U.S. government bond products for a later phase. They are not yet available in the app, and there is no launch date.The U.S. bond fund tokens you can trade today (such as TLTon) track bond ETFs. Their price moves with interest rates and can fall. They are not the same as holding a government bond to maturity.