TWIN-Equities
21 Oct 2026 · v1.1
Birth. Ondo Global Markets wrapper on Invesco QQQ. $34m / 24,211. Primary is the issuer mint. DEX up is not Open. Basis is path until a live spread is stamped.
Watch → Redemption Open. 24,211 wallets on $34m. DEX up is not the rail.
The primary is the Ondo issuer mint, not the DEX. Cash twin is the listed QQQ print.
First Equities print. QQQon as-of 21 Oct 2026 (RWA.xyz). One name. One title type.
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| Instrument | Status | Holders | Value | Activity | Condition |
|---|
| QQQon | watch | 24,211 | $34m | 3,245 | Watch → rail conducts on day one. Basis is the blade. Crowd is not the weak channel. |
QQQon — QQQon
Watch → rail conducts on day one. Basis is the blade. Crowd is not the weak channel.
- Twin
- Listed Invesco QQQ Trust. Cash print is the blade.
- Title
- Token = receipt against the wrapper. Not the ETF share. Not a shareholder.
- Cash leg
- USDC via the Ondo issuer mint.
- Clock
- Issuer mint. RWA.xyz stamps Instant. Published as 24/5 on the asset page. A 24/7 claim exists and is not the weekend word until it is stamped as the primary.
- Pledge
- Not scored. No published pledge window on this stamp.
- Exit
- Primary is the Ondo issuer mint. Do not list a DEX, a CEX, or a secondary book as the exit.
- Redemption
- Open. Issuer mint live this session. Instant on the published rail. No pause published. A DEX being up is not the state.
- Crowd
- Looked-up. 24,211 public holders on $34m. 3,245 addresses active in 30 days. A short register is not this book.
- Basis
- Path. Token NAV $722 versus cash QQQ last close $717.63 (20 Oct). No live spread stamped.
Source: RWA.xyz as of 21 Oct 2026