Where can I buy a tokenized version of PepsiCo (PEP)?

PEPON (Ondo Global Markets) is sold on Ondo Global Markets; PEPX (Backed / xStocks) is sold on Kraken.

What does the PEP token cost compared with the share?

PEPON last traded at $133.09 against a last close of $134.02 for the share, a gap of -0.69%.

Is a tokenized PEP the same as owning the share?

No. A token is a claim against the issuer, backed by the underlying held in custody. You do not appear on the share register and voting rights generally do not pass through. See /learn/what-do-you-actually-own.

Tokenized stock · NASDAQ

PepsiCo (PEP)

PEP is available as 2 tokenized versions: PEPON from Ondo Global Markets, PEPX from Backed / xStocks . The share last closed at $134.02 and the largest token, PEPON, trades at $133.09 — a gap of -0.69% against that close. Token prices update with the market; the share price is the last regular close.

Versions of PEP

Token	Issuer	Chains	Price	vs share	24h	Mcap	Sold on
PEPON	Ondo Global Markets	ethereum, binance-smart-chain, solana	$133.09	-0.69%	-1.39%	$2.1m	Ondo Global Markets
PEPX	Backed / xStocks	arbitrum-one, ethereum, binance-smart-chain, mantle +2	$135.61	+1.19%	+1.76%	$363.5k	Kraken

What it costs to buy PEP

Only what the venue publishes. Where the venue keeps the difference between its quote and its own execution, that is stated — not estimated.

Venue	Published fee	Cost inside the price	Minimum	Settlement
Kraken	0% when buying with USD	Yes — not published	€1	USD balance on Kraken; tokens are withdrawable to a self-custody wallet
Ondo Global Markets	Not published — inside the quote	Yes — not published	$1.00	USDon (Ondo's stablecoin), redeemable 1:1 to USDC

Full fee stack with the venue's verbatim wording: /learn/tokenized-stock-fees. Buy size matters — try it in the calculator.

Contracts

Verify a token before you buy it. A token with the same ticker on another contract is a different asset.

Token	Chain	Contract
PEPON	ethereum	0x3ce219d498d807317f840f4cb0f03fa27dd65046
PEPON	binance-smart-chain	0xf99f8f3a95257d82006183bd524efa7aacc9ef7a
PEPON	solana	gud6b3fYekjhMG5F818BALwbg2vt4JKoow59Md9ondo
PEPX	arbitrum-one	0x36c424a6ec0e264b1616102ad63ed2ad7857413e
PEPX	ethereum	0x36c424a6ec0e264b1616102ad63ed2ad7857413e
PEPX	binance-smart-chain	0x36c424a6ec0e264b1616102ad63ed2ad7857413e
PEPX	mantle	0x36c424a6ec0e264b1616102ad63ed2ad7857413e
PEPX	solana	Xsv99frTRUeornyvCfvhnDesQDWuvns1M852Pez91vF
PEPX	the-open-network	EQCTT-C5J3dA_Wl3ceO4RlPv-guQ1qPJ6v-oJeyxrTfvqoXh

Eligibility, as published

Ondo Global Markets

Not available to persons in the United States, Canada, Russia, Belarus, Iran, North Korea, Syria, Cuba, Libya, Myanmar, Somalia, South Sudan, Sudan, Afghanistan, occupied regions of Ukraine, or to US persons under Regulation S. KYC required before minting.

Excluded United States, Canada, Russia, Belarus, Iran, North Korea, Syria, Cuba, Libya, Myanmar, Somalia, South Sudan, Sudan, Afghanistan

Backed / xStocks

Availability depends on the selling venue and the jurisdiction; xStocks are not offered to US persons.

Excluded United States

How to read the gap

An Ondo token is a total-return tracker: dividends are reinvested net of withholding tax, so its price is meant to drift above the raw share price over time. A positive gap there is not automatically a fee.

All measured gaps →

Other tickers with the same issuers

MSTR $142.72 SPY $769.05 CRCL $85.87 TSLA $373.71 NVDA $216.47 QQQ $717.63 SPCX $147.79 STRC $98.71 IVV $772.35 GOOGL $340.28

Data timestamp 2026-10-20 21:59 UTC. Token price: CoinGecko public API. Share close: CNBC quote service, last regular session. Fees: venue pages, checked 2026-10-20. A tokenized stock is not a share — read what it is.