Source: issuer documentation
BAION is a tokenized ETF issued by Ondo, representing the iShares A.I. Innovation and Tech Active ETF (BAI) listed on NYSE Arca. It is available on Solana, Ethereum, and BNB Smart Chain. Each BAION token tracks one BAI share, with the share amount per token adjusted over time, such as when dividends are reinvested.
Dividends from the underlying ETF are reinvested into the token rather than distributed to holders. Eligible holders who complete KYC can mint and redeem tokens directly with the issuer. The issuer operates under the jurisdiction of the British Virgin Islands.
Coinmico compares the BAION token price with the BAI share price on NYSE Arca to display the premium. When NYSE Arca is closed, the last closing price is used for comparison while the token continues to trade, which may cause the premium to fluctuate. The token is not the underlying ETF share itself, and holder rights depend on the issuer's terms.
Token prices come from Coinmico's index. No underlying reference quote is available for this asset. A tokenized asset is not the underlying instrument itself. This is not investment advice.