How to Buy Planet Labs (Ondo Tokenized) (PLON)

If you're looking to get exposure to Planet Labs PBC through the blockchain, Planet Labs (Ondo Tokenized) (PLON) offers a unique way to do just that without a traditional brokerage account. PLON is part of Ondo's growing suite of tokenized real-world assets, bringing U.S. stock market exposure to non-US investors around the globe. This page walks you through exactly what PLON is and how to buy it step by step. Right now, PLON is available to trade on MEXC.

Last updated: June 18, 2026
Buy PLON on MEXC →
PLON Price …
Market Cap—
24h Volume—
Rank#12500
CoinPlanet Labs (Ondo Tokenized) (PLON)
NetworkEthereum
Available On ✗ Binance ✗ Bybit ✗ Gate.io ✓ MEXC
Websiteapp.ondo.finance

How to Buy Planet Labs (Ondo Tokenized) — Step by Step

Buy PLON on MEXC

1

Check the market

Confirm the exact token, network and trading pair. Check that the exchange serves your country before registering.

2

Secure your account

Follow the exchange’s identity checks and enable two-factor authentication. Requirements vary by location and account.

3

Choose a funding method

Review the available payment methods and their costs. For crypto deposits, match the receiving network and address exactly.

4

Review your order

Check the live order book, order type, price and fees before submitting. A market order can fill at different prices; a limit order may not fill.

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Check availability, eligibility and current fees with the exchange.

What Is Planet Labs (Ondo Tokenized)?

Planet Labs (Ondo Tokenized), or PLON, is a tokenized representation of Planet Labs PBC — a satellite imagery and data company — issued through Ondo Finance's Global Markets platform. Rather than buying shares through a traditional stockbroker, PLON allows eligible non-US retail and institutional investors to gain economic exposure similar to holding PL stock, including the reinvestment of any dividends, all through the blockchain. Ondo Finance built this product to solve a real problem: most people outside the United States face significant barriers when trying to invest in U.S.-listed companies. Traditional brokerages are often inaccessible, slow, or unavailable in many regions. Ondo's tokenized stocks change that by allowing users to mint and redeem tokens that track underlying U.S. equities, 24 hours a day, five days a week, with access to real traditional exchange liquidity. What sets PLON apart from many other crypto tokens is that it isn't purely speculative — its value is designed to reflect the performance of an actual publicly traded company. It sits at the intersection of decentralized finance and traditional finance, often called the Real World Assets (RWA) sector. PLON operates across multiple ecosystems including Ethereum, BNB Chain, and Solana, making it accessible through a range of DeFi infrastructure. Note that eligibility restrictions apply depending on your country of residence.

Best Exchanges to Buy PLON — Fee Comparison

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Frequently Asked Questions

What is Planet Labs (Ondo Tokenized) and how does it work?

PLON is a blockchain-based token that gives holders economic exposure similar to owning shares in Planet Labs PBC, a U.S.-listed satellite data company. It's issued by Ondo Finance through their Global Markets platform, which is designed specifically for non-US investors who want access to U.S. stocks without using a traditional brokerage. Eligible users can mint PLON tokens and redeem them against the underlying asset during trading windows, five days a week. The token is designed to track the performance of PL stock, including dividend reinvestment.

Where is the best place to buy PLON?

Currently, PLON is available to trade on MEXC, a globally accessible cryptocurrency exchange known for listing a wide range of tokens including many in the RWA and emerging asset categories. MEXC is often noted for its relatively low trading fees and straightforward interface, which makes it a reasonable choice for both beginners and more experienced traders looking to access newer or niche tokens like PLON.

Is Planet Labs (Ondo Tokenized) a good investment?

PLON sits at the intersection of crypto and traditional finance, which gives it some interesting characteristics — its value is tied to an actual publicly traded company rather than purely speculative dynamics, which some investors find appealing. That said, it carries risks on both sides: the underlying Planet Labs stock can decline in value, and tokenized asset products also introduce smart contract risk, liquidity risk, and regulatory uncertainty depending on your jurisdiction. The RWA sector is still maturing, and products like PLON are relatively new with limited long-term track records. As always, it's important to do your own research, understand the eligibility requirements, and consult a financial professional if needed before making any decisions.

Ready to Buy Planet Labs (Ondo Tokenized)?

Choose your preferred exchange:

Cryptocurrency wallet and keys illustrating secure access and recovery

A little groundwork goes a long way

Before your next purchase or transfer, understand who controls access, where your crypto is going and what the trade will actually cost.

Protect access to your crypto

An exchange account and a self-custody wallet need different safeguards. Protect exchange logins with a unique password and strong two-factor authentication. For self-custody, your recovery backup is what lets you restore access.

Keep recovery words offline and private. A support agent or website asking for them is a reason to stop.

See a recovery example

Your phone breaks. An exchange may help you recover your account after identity checks. A self-custody wallet cannot reset your recovery phrase. Check your wallet’s official backup instructions before relying on it.

Choose the right transfer network

The asset, token version and network must be supported at the destination. A familiar ticker or a matching address format is not enough. Read the receiving platform’s deposit instructions before selecting a withdrawal network.

Check the address, any required memo or tag, fees and minimums. Consider a small test transfer first.

See a network example

Your destination accepts USDC on Ethereum. Selecting a cheaper network at the sending exchange does not make it an Ethereum transfer. Use a network both ends support; an ordinary withdrawal does not bridge tokens.

Understand the price you pay

Trading fees are only part of the cost. The spread, available liquidity and withdrawal charges also matter. A market order prioritizes execution; a limit order controls the price but may remain unfilled or fill only partly.

Check the order preview and the amount you will receive, then compare the full cost of your intended purchase and withdrawal.

Work through a cost example

Hypothetical example: a $200 trade with a 0.1% trading fee costs $0.20 in trading fees. A separate $5 withdrawal fee brings those charges to $5.20. Spread or slippage may add more; these are not quoted exchange rates.