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SPYx tokens enable 1:1 backed tokenized ETFs on Solana and Arbitrum blockchains.

Protocol Fundamentals
17 Oct 2026
Tokenpost
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Neutral
SPYx tokens enable 1:1 backed tokenized ETFs on Solana and Arbitrum blockchains.

SPYx is a token representing equities and ETFs, backed 1:1 by their underlying assets and issued on multiple blockchains including Solana and Arbitrum. This allows tokenized exchange-traded funds (ETFs) to be composable and integrated with decentralized finance (DeFi) applications. Enso provides tools that support transaction routing and DeFi actions through a single connection, facilitating the use of tokenized assets in various apps. This development could enhance liquidity and accessibility for investors in tokenized ETFs.

SPYx tokenized ETFs are highlighted in this story, with Pluang market data showing that out of 50 major cryptocurrencies priced today, 12 rose and 37 fell. Notable movers include BAL (Balancer) at Rp16.297 with an 11.14% increase, EOS (EOS.IO) at Rp12.649 up 8.13%, and ZIL (Zilliqa) at Rp42 down 29.15%, with ZIL having a typical hold time on Pluang of 133 days and 100% buy order activity. This snapshot is as of Oct 17, 2026, 12:02 WIB.

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