SPDR Gold Shares (Ondo Tokenized) (GLDON) stablecoin analytics
Answer First
What is SPDR Gold Shares (Ondo Tokenized) (GLDON)?
GLDON is Ondo’s NAV-style SPDR Gold Shares tracker, redeemable by eligible investors through issuer stablecoin rails without ETF delivery rights. The static profile records its US Dollar-denominated NAV accounting mechanism as: Total-return tracker of SPDR Gold Shares with issuer-calculated NAV and eligible-investor subscription/redemption. Ordinary redemption is to USDon; conversion to USDC depends on stablecoin-swapper liquidity.
Is GLDON safe?
Pharos does not mark GLDON as absolutely safe. Static metadata says SPDR Gold Shares (Ondo Tokenized) uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Attestation from Ankura Trust Company. Retrieved September 23, 2026 daily report reconciles aggregate Ondo Stocks, USDY and USDon assets and obligations; it does not identify GLDON-specific GLD shares, cash or liabilities. Aggregate reference evidence does not establish exact-token financial assurance.; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
SPDR Gold Shares (Ondo Tokenized) (GLDON) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar-denominated NAV.
AI summary / Updated Oct 2, 2026
GLDON gives eligible investors economic exposure to SPDR Gold Shares through an Ondo debt-security tracker, without a right to receive ETF shares or physical gold. Its value follows the underlying gold fund rather than a fixed dollar peg. The legal structure names custodians and a security agent, but current GLDON-specific share, cash and other-collateral weights are not disclosed by the aggregate platform attestation.
- Collateral
- SPDR Gold Shares (GLD) ETF exposure and cash in transit held for Ondo Global Markets (BVI) Limited; tokenholders hold a debt-security claim rather than direct ETF shares.
- Peg Mechanism
- Total-return tracker of SPDR Gold Shares with issuer-calculated NAV and eligible-investor subscription/redemption. Ordinary redemption is to USDon; conversion to USDC depends on stablecoin-swapper liquidity. No fixed $1 peg or physical-gold redemption.
- Jurisdiction
- British Virgin Islands
- Proof Of Reserves
- Independent Attestation by Ankura Trust Company. Retrieved September 23, 2026 daily report reconciles aggregate Ondo Stocks, USDY and USDon assets and obligations; it does not identify GLDON-specific GLD shares, cash or liabilities. Aggregate reference evidence does not establish exact-token financial assurance. Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety gldon-ondo
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Oct 2, 2026.
GLDON quick answers
What is SPDR Gold Shares (Ondo Tokenized) (GLDON)?
GLDON is Ondo’s NAV-style SPDR Gold Shares tracker, redeemable by eligible investors through issuer stablecoin rails without ETF delivery rights. The static profile records its US Dollar-denominated NAV accounting mechanism as: Total-return tracker of SPDR Gold Shares with issuer-calculated NAV and eligible-investor subscription/redemption. Ordinary redemption is to USDon; conversion to USDC depends on stablecoin-swapper liquidity.
Is GLDON safe?
Pharos does not mark GLDON as absolutely safe. Static metadata says SPDR Gold Shares (Ondo Tokenized) uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Attestation from Ankura Trust Company. Retrieved September 23, 2026 daily report reconciles aggregate Ondo Stocks, USDY and USDon assets and obligations; it does not identify GLDON-specific GLD shares, cash or liabilities. Aggregate reference evidence does not establish exact-token financial assurance.; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs GLDON?
Pharos classifies GLDON backing as Real-World Asset Backed. Collateral, per the static profile: SPDR Gold Shares (GLD) ETF exposure and cash in transit held for Ondo Global Markets (BVI) Limited; tokenholders hold a debt-security claim rather than direct ETF shares. Reserve evidence: Independent Attestation from Ankura Trust Company. Retrieved September 23, 2026 daily report reconciles aggregate Ondo Stocks, USDY and USDon assets and obligations; it does not identify GLDON-specific GLD shares, cash or liabilities. Aggregate reference evidence does not establish exact-token financial assurance..
Can GLDON be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for GLDON, when applicable, appear in the dossier below.
