SPYon
SPDR S&P 500 ETF (Ondo Tokenized)
Ondo Global Markets (BVI) Limited · British Virgin Islands · brand Ondo
Mint · solana
economic exposure / wrapperUnderlying: SPDR S&P 500 ETF Trust (SPY · NYSE Arca · ISIN US78462F1030) — exposure, not ownership
On-chain identityConfirmed
Issuer mappingConfirmed
Terms coveragePartial
Source freshnessPartial
Rights
What a holder has — and does not have
Instrument categoryTokenized stock — economic exposure / wrapperSourcedproduct
Ondo Global Markets — documentation↗Global Markets › Overview
“Ondo tokenized stocks provide economic exposure to the underlying ETF.”
id spyon.categoryreviewed 29 Oct 2026, 12:12 UTCby rv.oduya
What the holder has a claim onEconomic exposure via Ondo Global Markets (BVI) Limited — not a fund unitholder position in SPDR S&P 500 ETF TrustSourcedissuer
Ondo Global Markets — terms of use↗§3 Nature of the tokens
Paraphrase: Tokens do not represent ownership of, or a direct claim on, the underlying securities.
id spyon.claim_typereviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Voting rightsNone in SPDR S&P 500 ETF TrustSourcedproduct
Paraphrase: Holders have no voting or other shareholder rights.
id spyon.votingreviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Fund distributionsTotal return — dividends reinvested net of withholding, reflected through the multiplierSourcedproduct
Ondo Global Markets — documentation↗Global Markets › Dividends
“Dividends are reinvested into the token net of taxes.”
id spyon.dividendsreviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Corporate actionsNot covered by the reviewed sourcesUnknownproduct
No reviewed document states this. It stays unknown until a binding source is attached — it is not read as “no limit” or “no fee”
id spyon.corporate_actionsreviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Backing statementSource states the underlying is held with US-registered broker-dealersSourcedissuer
Ondo Global Markets — documentation↗Global Markets › Backing
“Tokens are backed by the underlying securities held at broker-dealers.”
AssetBrief readingIssuer statement only. AssetBrief does not verify reserves
id spyon.backingreviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Redemption
Who can exit with the issuer, how, and at what cost
Redemption processMint and redeem through Ondo for onboarded eligible usersSourcedissuer
Ondo Global Markets — documentation↗Global Markets › Minting & redeeming
“Eligible users can mint and redeem through the Ondo app.”
id spyon.redemption_processreviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Who can redeemEligible non-US persons after onboardingSourcedissuer
Ondo Global Markets — terms of use↗§2 Eligibility
Paraphrase: Services are not available to US persons.
id spyon.redemption_eligibilityreviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Redemption minimumNot stated in the reviewed documentsUnknownissuer
No reviewed document states this. It stays unknown until a binding source is attached — it is not read as “no limit” or “no fee”
id spyon.redemption_minimumreviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Redemption feesNot stated in the reviewed documentsUnknownissuer
No reviewed document states this. It stays unknown until a binding source is attached — it is not read as “no limit” or “no fee”
id spyon.redemption_feesreviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Access & venues
Who may hold it and where it trades
Transfer & access restrictionsNot available to US persons. Token program allows issuer pause and transfer hookSourcedissuer
Ondo Global Markets — terms of use↗§2 Eligibility
Paraphrase: Tokens may not be offered to or held by restricted persons.
AssetBrief readingPause / transfer hook are read from the mint on-chain
id spyon.transferreviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Venue tradingPermissionless Solana pools trade 24/7; issuer mint/redeem has its own hoursSourcedvenue
Ondo Global Markets — documentation↗Global Markets › Trading on-chain
“Tokens are freely transferable on supported chains to eligible holders.”
id spyon.venuereviewed 29 Oct 2026, 12:12 UTCby rv.oduya
Market modes
Three clocks, kept apart. Live status only where a verified calendar exists; trading access by country is never promised
underlying market
NYSE Arca regular session
Mon–Fri 09:30–16:00 America/New_York
Checking calendar…
NYSE holiday & early-close calendar applied
issuer issuance / redemption
Ondo app
24/5 as stated by issuer America/New_York
Live status unknown
Stated hours only; no verified issuer calendar
venue trading
Solana on-chain pools
24/7 UTC
Trading
24/7 pools do not open issuer redemption on weekends
Sources
Everything this card cites
Version history
Published versions are immutable
v2
Fees and minimum set to unknown — not in reviewed sources3422f23befdc · ed.marta → rv.oduya · 29 Oct 2026, 12:12 UTC
publishedv1
First published card5ba50d2dd8d6 · ed.kiran → rv.lindqvist · 11 Oct 2026, 16:12 UTC
supersededLimits. Not a legal opinion, trading advice or a reserve attestation. Issuer statements are quoted as the issuer's. “Confirmed mapping” means a source links this mint to the issuer — not that the issuer endorses AssetBrief. Missing fields are unknown, not “no restriction”.