Alibaba Tokenized Stock (Ondo)

BABAON

$106.87

-2.13%

Price data may be delayed. Prices and market caps are in US dollars. Data as of October 2, 2026, 7:05 AM UTC.

What Alibaba Tokenized Stock (Ondo) is, how it works, and what to watch for.

What it is

Editorial explanation

Alibaba Tokenized Stock (Ondo), with the ticker symbol BABAon, is a cryptocurrency token that represents a tokenized version of Alibaba stock. It operates on the Ethereum platform. The token falls into multiple categories including decentralized finance (DeFi), tokenized stock, tokenized assets, and various blockchain ecosystems such as Ethereum, Solana, BNB Chain, and HypereVM. It is also part of the Ondo stocks ecosystem and has been associated with Binance Alpha and the broader Binance ecosystem.

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Clear explanations of the subjects this article touches, with every term defined.

What is DeFi, and how does decentralized finance work?Decentralized finance explained: liquidity pools, yield farming, impermanent loss, DAOs and governance tokens, each with its own definition page.
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