Where can I buy a tokenized version of SP500 (SPY)?

SPYX (Backed / xStocks) is sold on Kraken; SPYON (Ondo Global Markets) is sold on Ondo Global Markets; SPY (Dinari) is sold on Dinari.

What does the SPY token cost compared with the share?

SPYX last traded at $775.02 against a last close of $769.05 for the share, a gap of +0.78%.

Is a tokenized SPY 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 · NYSE Arca

SP500 (SPY)

SPY is available as 3 tokenized versions: SPYX from Backed / xStocks, SPYON from Ondo Global Markets, SPY from Dinari . The share last closed at $769.05 and the largest token, SPYX, trades at $775.02 — a gap of +0.78% against that close. Token prices update with the market; the share price is the last regular close.

Versions of SPY

Token	Issuer	Chains	Price	vs share	24h	Mcap	Sold on
SPYX	Backed / xStocks	arbitrum-one, ethereum, binance-smart-chain, solana +1	$775.02	+0.78%	+0.62%	$67.9m	Kraken
SPYON	Ondo Global Markets	ethereum, binance-smart-chain, hyperevm, solana	$776.94	+1.03%	+0.38%	$46.7m	Ondo Global Markets
SPY	Dinari	ethereum, base, arbitrum-one, avalanche +1	$772.27	+0.42%	+0.59%	$323.2k	Dinari

What it costs to buy SPY

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
Dinari	Not published — partner-set	Yes — not published	—	USD balance at the partner; tokens on Ethereum, Arbitrum, Avalanche, Base, HyperEVM or Plume

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
SPYX	arbitrum-one	0x90a2a4c76b5d8c0bc892a69ea28aa775a8f2dd48
SPYX	ethereum	0x90a2a4c76b5d8c0bc892a69ea28aa775a8f2dd48
SPYX	binance-smart-chain	0x90a2a4c76b5d8c0bc892a69ea28aa775a8f2dd48
SPYX	solana	XsoCS1TfEyfFhfvj8EtZ528L3CaKBDBRqRapnBbDF2W
SPYX	hyperliquid	0x29067197b3125c8b82ad0f338e4a31b2
SPYON	ethereum	0xfedc5f4a6c38211c1338aa411018dfaf26612c08
SPYON	binance-smart-chain	0x6a708ead771238919d85930b5a0f10454e1c331a
SPYON	hyperevm	0x32ec2792aec02122edd9f28866b720db1e1c1b54
SPYON	solana	k18WJUULWheRkSpSquYGdNNmtuE2Vbw1hpuUi92ondo
SPY	ethereum	0xc45fb996f73f23f61d08b5b3618ef3cab53d6dca
SPY	base	0x8a768ef1d44939e2c6e36b83a948295962d6f795
SPY	arbitrum-one	0xf4bd09b048248876e39fcf2e0cdf1aee1240a9d2
SPY	avalanche	0x82e9e5725da9050e121d12802fcc302752abaa1a
SPY	hyperevm	0x82e9e5725da9050e121d12802fcc302752abaa1a

Eligibility, as published

Backed / xStocks

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

Excluded United States

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

Dinari

Retail access runs through Dinari's partners; eligibility is the partner's KYC and jurisdiction rules.

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 CRCL $85.87 TSLA $373.71 NVDA $216.47 QQQ $717.63 SPCX $147.79 STRC $98.71 IVV $772.35 GOOGL $340.28 MU $896.07

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.