Tokenized stock SPDR S&P 500 ETF Trust • Robinhood Token is a tokenized stock on Robinhood Chain. SPDR S&P 500 ETF Trust • Robinhood Token (SPY) is a tokenized stock on Robinhood Chain. It provides on-chain exposure to the underlying SPDR S&P 500 ETF Trust rather than operating as an independent crypto asset. The token forms part of a broader tokenized equities offering. How it works The token tracks the price of the SPDR S&P 500 ETF Trust shares. Each token delivers one-to-one price exposure to the U.S.-listed SPDR S&P 500 ETF Trust. It is backed by positions maintained by the issuer and trades on-chain. Holders receive price tracking without direct shareholder rights such as voting. Issuer and availability Robinhood Europe issues the token through its tokenized equities program. Robinhood Europe, UAB operates the tokenization program and deploys the token on Robinhood Chain. The product launched as part of Robinhood's expansion of tokenized U.S. stocks and ETFs. It is offered to eligible European customers.

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