Assets · Beneficial interest · issued by Binance
SPY (bStocks) (SPYB)Updated 21 Oct 2026
bStocks token tracking SPDR S&P 500 ETF Trust (underlying ISIN US78462F1030). RWA.xyz showed about $16.3m outstanding on 2026-10-12, which puts it among the group's largest tokens.
Issued through Binance bStocks tokenised US equities Live (scaled)
Classification · medium confidence
- Legal form
- Beneficial interest from issuance terms
- Underlying
- Listed equities
- Value behaviour
- Market price · pays income
- Ledger role
- Native
- Legal labels
- Certificates over Shares, ledger-based securities under an FSRA-approved prospectus (ADGM) (United Arab Emirates)[3]
Certificate over one ETF share held 1:1 by the custodian; the ETF holds listed equities. Programme prospectus used (no ETF-specific prospectus found). Dividends are reinvested into certificate balances; the underlying ETF pays dividends.
Sourced[3]. How assets are classified: methodology.
Contracts
No contract addresses recorded yet.
Sources
- [1]SPYB asset dashboard — RWA.xyz. Accessed 13 Oct 2026. On-chain supply and value; issuer, ISIN and custody fields are RWA.xyz metadata..A
- [2]bStocks platform dashboard — RWA.xyz. Accessed 13 Oct 2026.A
- [3]Prospectus: NVIDIA bStocks Certificates (Certificates over Shares) — BTech Holdings Ltd (ADGM market disclosure), 11 Jun 2026. Accessed 21 Oct 2026. Same BTech bStocks programme (one FSRA-approved prospectus per underlying; the ETF prospectuses were not found). Certificates each represent a 1:1 beneficial interest in the underlying held by the custodian, issued as ledger-based securities on BNB Chain; cash dividends are reinvested (net of 30% US withholding) by increasing certificate balances..A
- [4]Binance Exchange Launches bStocks Tokenized Securities: 1:1 Backing and 24/7 Trading — Binance (press release via AAP/Cision), 12 Jun 2026. Accessed 11 Oct 2026.B