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Easily convert TLTON to RON with ConvertOnline's efficient tool.
The iShares 20+ Year Treasury Bond Tokenized ETF (Ondo) (TLTon) is a digital representation of a traditional exchange-traded fund that invests in U.S. Treasury bonds with maturities of 20 years or more. By tokenizing this ETF, it allows for greater accessibility and liquidity, enabling investors to trade fractional shares on blockchain platforms, thus broadening the market reach and enhancing the investment experience.
Ronin (RON) is the native utility token of the Ronin blockchain, a layer-2 solution designed to enhance the Ethereum ecosystem by providing faster and cheaper transactions specifically for gaming and non-fungible tokens (NFTs). Initially developed for the popular blockchain game Axie Infinity, RON facilitates various operations within the Ronin network, including staking, governance, and transaction fees.