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Optimism (OP) is a Layer 2 scaling solution built on the Ethereum blockchain that aims to enhance transaction speed and reduce costs. By utilizing optimistic rollups, it allows for faster and more efficient processing of transactions while maintaining the security and decentralization of Ethereum.
The iShares Core MSCI EAFE Tokenized ETF (Ondo) (IEFAon) is a cryptocurrency that represents a digital version of the iShares Core MSCI EAFE ETF, which focuses on equities in Europe, Australasia, and the Far East. This tokenized ETF allows investors to gain exposure to a diversified portfolio of international stocks while leveraging the advantages of blockchain technology for enhanced accessibility and liquidity.