Question 1

What backs FON?

Accepted Answer

FON (Ford Motor (Ondo Tokenized Stock)) is backed by Tokenized public equity (1:1 backed).

Question 2

Can I trade FON 24/7?

Accepted Answer

Yes — FON trades on-chain 24/7/365, including weekends when traditional markets are closed.

Question 3

Is FON permissionless to buy?

Accepted Answer

Partly — FON trades permissionlessly on secondary DEX pools, but minting or redeeming directly with the issuer requires KYC / accredited-investor eligibility.