Question 1

What backs CLOION?

Accepted Answer

CLOION (VanEck CLO ETF (Ondo Tokenized Stock)) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade CLOION 24/7?

Accepted Answer

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

Question 3

Is CLOION permissionless to buy?

Accepted Answer

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