Owning INROON: Uses, Storage and Risks

INROON is Ondo’s tokenized version of the iShares U.S. Industry Rotation Active ETF (INRO). It is designed to give you economic exposure similar to holding INRO, including reinvestment of any dividends. That does not, by itself, establish that you have the same legal rights, voting rights or protections as someone who holds ETF shares through a brokerage account; check Ondo’s product terms for the rights attached to the token.

Ondo describes its tokenized stocks and ETFs as mintable and redeemable around the clock, five days a week, with access to traditional exchange liquidity. Eligibility restrictions apply, so access depends on your location and circumstances. This is not necessarily a way to bypass a broker or buy the underlying ETF directly. Before using INROON, check how redemption works, what restrictions apply to you and how the token’s value may track the ETF.

INROON is issued on Ethereum, Solana and BNB Chain; it is not listed as the native token of any of them. These are separate networks, so a token sent to an address on the wrong chain may be difficult or impossible to recover. A wallet that supports one network may not support the others or the token’s exact format.

Before receiving or sending INROON, confirm the network and token details through Ondo’s official product information and the wallet or exchange you intend to use. Do not rely on a token name or symbol alone: unrelated assets can use the same label. Check that the receiving service supports INROON on that specific chain, and make a small test transfer if appropriate. The token facts do not provide contract addresses, so do not guess or copy an address from an unverified post.

Reported circulating supply and total supply were both about 102,153 INROON as of 2026-11-07. No maximum supply is specified. These figures can change as tokens are minted or redeemed, so they are a dated snapshot rather than a fixed limit.

Supply does not tell you how easily you can sell or redeem your tokens. Trading activity and available liquidity can vary by chain and venue, and a token’s market price can differ from the value you expect based on the ETF. If you are checking the amount you hold, use the correct network and a wallet or explorer that displays that chain’s token balance. For a decision about redemption, consult Ondo’s current terms and procedures rather than treating the reported supply as a guarantee of liquidity.

Use a wallet that supports the particular chain and token format on which you hold INROON. Keep your recovery phrase or private keys offline and private; anyone who obtains them may be able to control your assets. Never share them with someone offering to help you claim, migrate or unlock tokens.

For routine transfers, verify the network, recipient address and token details before confirming. A transfer to an unsupported chain or address may not be reversible. Hardware wallets can reduce exposure of signing keys to internet-connected devices, but they do not protect you from approving a malicious transaction or choosing the wrong network. Keep your device and wallet software updated, and use only official wallet and issuer channels when checking token details.

INROON combines risks from the underlying ETF, the token issuer and the blockchain. The token may not track INRO exactly, and its market price or available liquidity can differ from the value of the ETF. Dividends are described as reinvested, but check the product terms for how that works and what rights you receive.

You also depend on Ondo’s minting, redemption and operational arrangements, as well as the security and availability of the network and wallet you use. Smart-contract failures, lost keys, mistaken transfers, restricted access or delays in redemption can cause losses or prevent you from moving or recovering tokens. Eligibility and other restrictions apply. Read the current product terms, confirm that you can access the service where you live, and do not assume that a tokenized ETF has the same protections as ETF shares held through a regulated brokerage account.