iShares Core MSCI Emerging Markets ETF (Ondo Tokenized ETF): project profile and documented design
The market data source identifies IEMGON as an Ondo tokenized representation of the iShares Core MSCI Emerging Markets ETF, with about 120k circulating units and approximately $10m market cap in the captured view.
Documented role and design
Ondo states that its tokenized stocks and ETFs are backed/collateralized by the corresponding securities and cash in transit, but also explicitly states they are not registered under the US Securities Act or other jurisdictions' securities laws.
The market data source shows IEMGON/USDT on LBank and MEXC plus Ondo Stocks IEMGON/USDON; venue, jurisdiction and transfer restrictions differ by route.
Risks and open questions
- Tokenized-security legal eligibility, custody, issuer/transfer restrictions, NAV tracking and counterparty risk must be disclosed; IEMGON is not the same as holding a brokerage share of EEM/IEMG.
- Verify current legal eligibility, redemption mechanics, chain contract and underlying ETF identifier.
YearBull Rank on this page
Current YearBull Rank for ishares-core-msci-emerging-markets-etf-ondo-tokenized-etf: #2126.
Rank movement (nearest daily data).
Reading rule: rank #120 sits higher than rank #200.
- 7d window (2026-10-21): #2718 → #2126 (up by 592).
- 30d window (2026-09-28): #3075 → #2126 (up by 949).
Risk read: consistency often matters more than speed.
Market depth: liquidity often shows up as how easily the rank holds its gains.
Venue read: a tightened venue set can reduce variance or increase it.
Market phase: recent movement can fit a transition rather than a clean trend.
YearBull Rank is a relative ranking on YearBull designed to compare coins on a common scale and time window. Use it as positioning context over time, not as a promise.

