Question 1

What is SPDR S&P 500 ETF (Ondo Tokenized) (SPYON)?

Accepted Answer

SPDR S&P 500 ETF (Ondo Tokenized) (SPYON) is a tokenised version of the SPDR S&P 500 ETF Trust. The SPDR S&P 500 ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index, which is composed of 500 selected stocks. SPYON is issued via Ondo Finance’s tokenisation platform and is backed 1:1 by the underlying SPY shares.

Question 2

What is SPDR S&P 500 ETF (SPYON) used for?

Accepted Answer

SPYON enables eligible investors to gain on‑chain exposure to the broad performance of the S&P 500 Index through the well‑known SPDR S&P 500 ETF structure. It combines traditional ETF exposure with the benefits of blockchain infrastructure, such as programmability, faster settlement, and integration with decentralised finance frameworks.

Question 3

Who created SPDR S&P 500 ETF (SPYON)?

Accepted Answer

SPYON is issued by Ondo Finance, a platform that tokenises real‑world financial assets — including ETFs and equities — into fully backed digital tokens. Ondo oversees the custody, issuance, and regulatory compliance that ensures each SPYON token corresponds to one share of the underlying ETF.

Question 4

Token Details

Accepted Answer

- Issuer: Ondo Finance  
- Underlying Asset Name: SPDR S&P 500 ETF Trust  
- Underlying Asset Ticker: SPY  
- Shares per Token: 1 SPYON = 1.00 SPY  
- Category: Equities – ETF  
- Supported Chains: Ethereum (ERC‑20)  
- Onchain Address: 0xFeDC5f4a6c38211c1338aa411018DFAf26612c08


SPYon	ERC20	ETH	0xFeDC5f4a6c38211c1338aa411018DFAf26612c08	2025-07-24
SPYon	BEP20	BNB	0x6a708ead771238919d85930b5a0f10454e1c331a	2025-10-09