Assets · Structured note · issued by Ondo Finance

SPDR S&P 500 ETF (Ondo Tokenized) (SPYon)Updated 21 Oct 2026

Ondo Global Markets token tracking SPDR S&P 500 ETF Trust (underlying ISIN US78462F1030). RWA.xyz showed about $47.9m outstanding on 2026-10-12, which puts it among the group's largest tokens.

Asset sources[1][2][3]

~$926.9mSupply, 11 Oct 2026
4Networks
0Also used by

Issued through Ondo Global Markets tokenised stocks and ETFs Live (scaled)

Classification · high confidence

Legal form
Structured note from issuance terms
Underlying
Listed equities
Value behaviour
Market price · pays income
Ledger role
Native
Legal labels
Blockchain-based tracker certificate (debt instrument) under an FMA-approved base prospectus (Liechtenstein)[3]

Tracks a US-listed ETF; dividends reinvested (total-return design).

Sourced[3]. How assets are classified: methodology.

Contracts

No contract addresses recorded yet.

Sources

  1. [1]SPYon asset dashboard — RWA.xyz. Accessed 13 Oct 2026. On-chain supply and value; issuer, ISIN and custody fields are RWA.xyz metadata..A
  2. [2]Ondo Stocks | Ondo Finance — Ondo Finance. Accessed 13 Oct 2026. Issuer's product list (450 tokens), read from the page data; no contract addresses or ISINs on the page..B
  3. [3]Base Prospectus dated 11 November 2025 (blockchain-based tracker certificates) — Ondo Global Markets (BVI) Limited (filed via MFSA), 11 Nov 2025. Accessed 21 Oct 2026. FMA (Liechtenstein)-approved base prospectus: tokens are blockchain-based tracker certificates (debt instruments under BVI law) tracking underlyings including equities and ETFs; issued as ledger-based securities; no shareholder rights..A

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