Question 1

What backs FXION?

Accepted Answer

FXION (iShares China Large-Cap ETF (Ondo Tokenized)) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade FXION 24/7?

Accepted Answer

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

Question 3

Is FXION permissionless to buy?

Accepted Answer

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