Tokenized stock

Tokenized SPDR S&P 500 ETF Trust stock

SPDR S&P 500 ETF Trust (SPY) trades tokenized several ways on U.CASH. Buy the form that matches your chain, hold it in your own wallet, and settle it anywhere tokens move.

Forms: SPY on Robinhood Chain SPYx on BNB Chain (xStocks) SPYB on BNB Chain (bStocks) SPYx on Solana (xStocks)

How to buy tokenized SPDR S&P 500 ETF Trust stock

Step 01

Pick your form

Tokenized SPDR S&P 500 ETF Trust trades as SPY on Robinhood Chain and SPYx on BNB Chain (xStocks) and SPYB on BNB Chain (bStocks) and SPYx on Solana (xStocks). Pick the chain you already use.

Step 02

Open the swap

The swap opens with your SPY form preselected as the asset you receive.

Step 03

Pay with any asset

Fund the trade with any crypto you hold: BTC, ETH, a stablecoin, anything. The router finds the best price.

Step 04

Receive to your wallet

The SPY token settles on-chain to the wallet address you provide. U.CASH never holds it.

Robinhood ChainSPY · ERC-20 · SPDR S&P 500 ETF Trust • Robinhood Token · ISIN US78462F1030 · View · Contract
BNB Chain (xStocks)SPYx · BEP-20 · SP500 xStock · ISIN CH1436219716 · View · Contract
BNB Chain (bStocks)SPYB · BEP-20 · SPY · View · Contract
Solana (xStocks)SPYx · Token-2022 · Backed Assets · View · Contract

Tokenized SPDR S&P 500 ETF Trust vs owning the share

A tokenized SPDR S&P 500 ETF Trust (SPY) token tracks the price of the underlying fund (ISIN US78462F1030), issued on Robinhood Chain via undefined and BNB Chain (xStocks) via Backed Assets and BNB Chain (bStocks) via BTech Holdings (ADGM) and Solana (xStocks) via Backed Assets. It is not a brokerage holding: no ownership, voting, or dividend rights attach unless the issuer program states them, and there is no SIPC coverage or prospectus in the wrapper. What you get instead is the part traders usually want: price exposure that settles on-chain in about 250 ms, sits in your own wallet, and moves anywhere tokens move, in the etf sector like the underlying. If rights matter to you, read the issuer disclosure on the SPY form's page before buying; if exposure is the point, this is the shortest path to it.

Fees and settlement

Robinhood Chain
Settles in about 250 ms (Arbitrum Orbit L2). Gas is paid in ETH; the swap fee is a flat 0.50% all-in, quoted before you sign.
BNB Chain (xStocks)
Settles in about 0.75 s (PoS (BEP-294)). Gas is paid in BNB; the swap fee is a flat 0.50% all-in, quoted before you sign.
BNB Chain (bStocks)
Settles in about 0.75 s (PoS (BEP-294)). Gas is paid in BNB; the swap fee is a flat 0.50% all-in, quoted before you sign.
Solana (xStocks)
Settles in about 400 ms (Solana mainnet). Gas is paid in SOL; the swap fee is a flat 0.50% all-in, quoted before you sign.

Buying tokenized SPDR S&P 500 ETF Trust: questions

Can I buy tokenized SPDR S&P 500 ETF Trust stock?
Yes, on U.CASH: SPY on Robinhood Chain, SPYx on BNB Chain (xStocks), SPYB on BNB Chain (bStocks), SPYx on Solana (xStocks). Swap any asset you hold for it; the token settles to your wallet. Tokenized assets are not card-buyable.
Is tokenized SPDR S&P 500 ETF Trust stock the same as owning shares?
No. The token tracks the price only: no ownership, voting, or dividend rights attach to it. See the tokenized assets disclosure for the terms.
How is the SPY token price determined?
Each form follows its issuer's own price feed: Robinhood Chain reads undefined's feed, and BNB Chain (xStocks) reads Backed Assets's feed, and BNB Chain (bStocks) reads BTech Holdings (ADGM)'s feed, and Solana (xStocks) reads Backed Assets's feed, refreshed every few minutes. It is a market-derived price, not a crypto pool quote, so the number tracks the underlying's session.
Is there a minimum purchase?
No. Tokens are divisible, so you can buy a fraction of a SPY token with whatever amount you are comfortable swapping. The preview shows the exact quantity you receive before you sign.
Can I move my SPY tokens to another chain?
Yes: SPY on Robinhood Chain and SPYx on BNB Chain (xStocks) and SPYB on BNB Chain (bStocks) and SPYx on Solana (xStocks) are live forms of the same underlying, so you can swap between them like any pair. Each form's page lists its contract and chain.
Why does SPY have multiple token forms?
Because several issuer programs wrapped the same underlying on different networks. Each form is a separate token with its own contract, issuer, and chain; the exposure is the same.

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Tokenized SPDR S&P 500 ETF Trust, your keys

One swap from any asset, settled non-custodial to the wallet you control.