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This page provides information on the types of persons that are prohibited or restricted from subscribing for, acquiring or redeeming Ondo Stocks.

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Jurisdiction-Based Prohibitions:

Ondo prohibits business activities from certain jurisdictions in accordance with its Compliance policies. By agreeing to a business relationship with Ondo, any partners agree to not offer Ondo related products or services in connection with any of the outlined prohibited jurisdictions. Individuals located or residing in and entities organized under the laws of or with a principal place of business in, any jurisdiction listed below (“Prohibited Persons”) are prohibited from subscribing for, acquiring or redeeming Ondo Stocks:
  • Afghanistan
  • Belarus
  • Canada
  • Crimea, Donetsk People’s Republic (DNR), Luhansk People’s Republic (LNR), Kherson and Zaporizhzhia regions (Ukraine), the city of Sevastopol
  • Cuba
  • Democratic Republic of Korea
  • Iran
  • Libya
  • Myanmar
  • Russia
  • Somalia
  • South Sudan
  • Sudan
  • Syria
  • United States, or any of its states, possessions, territories or federal districts*
* Persons who place buy orders from within the United States, or any of its states, possessions, territories or federal districts, and persons who are “U.S. persons” or acting for the account or benefit of any “U.S. persons” within the meaning of Rule 902 of Regulation S promulgated under the United States Securities Act of 1933, as amended, are also prohibited from subscribing for, acquiring or redeeming Ondo Stocks. Ondo Global Markets (BVI) Limited, the issuer of Ondo Stocks, also prohibits persons from subscribing for, acquiring or redeeming its tokens if it determines, in its sole discretion, that such activity may constitute a violation of (i) applicable laws, rules or regulations, including but not limited to sanctions restrictions, (ii) the terms of the Ondo Stocks’ governing documents; or (iii) the issuer’s governing documents and policies. In addition, if Prohibited Persons, directly or indirectly, hold in the aggregate 50% or more beneficial ownership or control of any entity, such entity may also be (or will be, if Prohibited Persons are prohibited as a result of applicable sanctions regulations) prohibited from subscribing for, acquiring or redeeming Ondo Stocks.

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Jurisdiction-Based Restrictions:

Individuals residing in or, in certain cases, citizens of, and entities organized under the laws of or with a principal place of business in, any jurisdiction in the table set forth below must satisfy one or more of the eligibility requirements set forth opposite the name of such jurisdiction in order to be issued Ondo Stocks. For convenience purposes only, the below table also lists the key financial thresholds that are generally sufficient for an individual or entity to satisfy the applicable requirements; however, such information is provided only as a guide and does not amend, replace or supersede the requirements set forth under applicable laws, rules or regulations. Please refer to the applicable jurisdiction’s law, rules and regulations for definitions of the defined terms used in the table below. To onboard with the token issuer, Restricted Persons generally will be required to produce evidence that they satisfy the applicable eligibility requirements and to certify or declare their eligible status. Please note that Ondo Global Markets (BVI) Limited also imposes non-jurisdiction-related eligibility criteria in accordance with its know-your-customer policies, procedures and practices and contractual agreements. For certain important notes related to Ondo Stocks, please see Important Notes.