SPYx - SPY
Product Overview
SPYx SP500 xStock (SPYx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. SPYx tracks the price of SPDR S&P 500 ETF Trust (the underlying).
SP500 xStock (SPYx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. SPYx tracks the price of SPDR S&P 500 ETF Trust (the underlying).
Key Benefits
SPDR S&P 500 ETF Trust (SPY) is an exchange-traded fund that seeks to track the performance of the S&P 500 Index, representing 500 of the largest publicly traded companies in the U.S. It offers broad exposure to the U.S. equity market and is one of the most widely traded ETFs globally.
Basic Information
| Attribute | Value |
|---|---|
| Token Symbol | SPYx |
| Underlying Asset | SPDR S&P 500 ETF Trust (SPY) |
| Blockchain | Solana |
| Contract Address | XsoCS1TfEyfFhfvj8EtZ528L3CaKBDBRqRapnBbDF2W |
| ISIN | CH1436219716 |
| Issuer | Backed Assets (JE) Limited |
Product Features
- ✅ Compliance: Fully compliant tokenized stock meeting regulatory requirements
- ✅ Transparency: Real-time tracking of underlying stock price
- ✅ Liquidity: 24/7 trading without traditional stock market time restrictions
- ✅ Low Fees: Lower fee structure compared to traditional stock trading
- ✅ Global Access: Supports global investors (excluding US investors)
Fee Structure
- Management Fee: 0.0945% per year, reflects the actual ongoing costs charged by the manager of the underlying fund, and is based on costs incurred over the past year.
- Issuance/Redemption Fee: Up to 0.50% of your investment's value when entering and exiting the investment
Underlying Asset Details
| Attribute | Value |
|---|---|
| Name | SPDR S&P 500 ETF Trust |
| Trading Symbol | SPY |
| ISIN | US78462F1030 |
| Issuer | The issuer of the Underlying is SPDR S&P 500 ETF TRUST, c/o State Street Global Advisors, One Iron Street, Boston MA 02210, USA. |
Service Providers
| Role | Provider |
|---|---|
| Tokenization Service | Backed Finance AG |
| Broker | Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG |
| Custodian | Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG |
| Security Agent | Security Agent Services AG |
Risk Warning
Important Notice
- This product is not sold to US persons
- Token prices will fluctuate with underlying stock price movements
- Please carefully read relevant legal documents before investing
- Past performance does not represent future returns
Related Links
Last Updated: 2025/7/2