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SPY
SPY

Snipify Protocol price

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₺0.00015563
-₺0.00939
(-98.37%)
Price change for the last 24 hours
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SPY market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Network
Underlying blockchain that supports secure, decentralized transactions.
Circulating supply
Total amount of a coin that is publicly available on the market.
Liquidity
Liquidity is the ease of buying/selling a coin on DEX. The higher the liquidity, the easier it is to complete a transaction.
Market cap
₺155,545.16
Network
Solana
Circulating supply
999,427,364 SPY
Token holders
1149
Liquidity
₺277,232.56
1h volume
₺11,854.88
4h volume
₺21,239.48
24h volume
₺55.71M

Snipify Protocol Feed

The following content is sourced from .
Odaily
Odaily
Original author: 1912212.eth, Foresight News On May 22, Kraken, an all-crypto trading platform, announced that it will partner with Backed Finance to launch a tokenized stock and ETF trading service called "xStocks", covering more than 50 U.S.-listed stocks and ETFs such as Apple, Tesla, and Nvidia. In recent years, the integration of blockchain technology and traditional finance has been accelerating, and cryptocurrency trading platforms are becoming the vanguard of this change. The movement of tokenizing the dollar and Treasury bonds in the past is now being pushed to US stocks by trading platforms? Strategic expansion Founded in 2011, Kraken is one of the oldest cryptocurrency trading platforms in the world, with a reputation for security and compliance. In recent years, Kraken has continued to push the boundaries of its business as the crypto market has become more competitive. In 2024, Kraken acquired NinjaTrader, a futures trading platform, and launched more than 11, 000 traditional trading services for U.S. stocks and ETFs in select U.S. states. Tokenized stocks refer to the conversion of equity in traditional stocks or ETFs into digital tokens through blockchain technology, with each token representing a portion of ownership of the underlying asset. These tokens can be traded 24/7 on the blockchain, breaking through the trading hours and geographical restrictions of traditional stock markets. Kraken's xStocks, based on the Solana chain, are planned to be available to non-US customers across Europe, Latin America, Africa, and Asia. Backed Finance is responsible for acquiring and escrow the underlying shares, ensuring that each token is pegged 1:1 to real assets and that holders can redeem the cash value of the tokens at any time. This initiative is not an isolated incident. In 2025, global crypto trading platforms are accelerating their penetration into traditional finance. For example, Bybit recently announced that it will support USDT trading in 78 high-quality global equity assets, covering tech giants (such as Microsoft, Google), consumer goods companies (such as Coca-Cola), and energy companies (such as ExxonMobil). Users can use the stablecoin USDT to trade and enjoy the advantages of low threshold and high liquidity. Industry trends show that tokenized assets are becoming a bridge between crypto trading platforms and traditional finance. FTX vs. Binance Tokenized U.S. Stock History The concept of tokenized stocks is not new, as crypto trading platforms began to test the waters around 2020, with FTX and Binance being the most representative. Founded in 2019, FTX was once the world's third-largest crypto trading platform and was known for its innovative products. In 2020, FTX launched tokenized stock trading, allowing users to trade digital tokens of Tesla, Apple, and other U.S. stocks through its platform. The tokens are provided by FTX's Swiss subsidiary, Canco GmbH, and are pegged to real shares hosted by a third-party broker. FTX's tokenized shares support fractional trading, allowing users to purchase some shares at a cost as low as $1, greatly lowering the investment threshold. In addition, FTX is also experimenting with tokenized ETFs such as the SPDR S&P 500 ETF (SPY). However, FTX's tokenized stock business has been limited due to compliance issues and market volatility. In November 2022, FTX went bankrupt due to a mismanagement of funds and fraud scandal, and its tokenized stock business was terminated. Still, FTX's attempt is a testament to the market demand for tokenized stocks, especially among emerging markets and young investors. In 2021, Binance also launched tokenized stock trading, with the first batch including Coinbase, Tesla, and other stocks. These tokens are settled in Binance stablecoin BUSD, which supports fractional trading, and aims to provide users around the world with convenient access to U.S. stocks. However, Binance's tokenized stock business soon ran into regulatory headwinds. Financial regulators in several countries have questioned its compliance, arguing that tokenized stocks may have bypassed the regulatory framework of traditional securities markets. In the same year, Binance announced the termination of the business to focus on core crypto trading. FTX's experience with Binance shows that tokenized shares are technically feasible but face challenges in terms of compliance, asset custody, and market acceptance. With the launch of xStocks, Kraken clearly learns the lessons of its predecessors, emphasizing working with regulators and ensuring transparency and security through Backed Finance. Why trading platforms are keen to tokenize stocks Crypto trading platforms are deploying tokenized stocks, which are not only driven by technology, but also by market and strategic considerations. According to April 2025 data, the total market capitalization of U.S. stocks is about $52 trillion, accounting for more than 45% of the global stock market. The user base of crypto trading platforms is mainly young investors with a high risk appetite, but the scale of the traditional financial market far exceeds that of the crypto market. Tokenized stocks provide an entry point for trading platforms to cut into traditional finance, attracting traditional investors who are interested in stocks and ETFs. For example, Kraken's xStocks, which caters to non-US customers, targets investors in emerging markets who have strong demand for U.S. stocks but are limited by traditional channels. In addition, the core advantages of blockchain technology are decentralization, transparency and efficiency. Tokenized stocks use the blockchain to achieve 24/7 trading, instant settlement, and low-cost operations, which solves the problems of limited trading hours and high intermediary fees in the traditional stock market. In addition, blockchain supports fractional transactions, allowing small investors to participate in high-value assets, enhancing financial inclusion. In the context of fierce competition on crypto trading platforms, tokenized stocks have become a weapon for differentiated competition. Kraken's xStocks not only provide trading capabilities, but also allow users to use tokens as collateral for DeFi protocols, enhancing the liquidity and use cases of assets. This cross-border integration provides users with more diversified investment options and consolidates the ecological stickiness of the trading platform. What is the impact on traditional stock trading platforms The tokenized stock business of exchanges such as Kraken poses certain challenges to traditional stock trading platforms such as NASDAQ and NYSE, but also brings opportunities for cooperation and transformation. Trading hours on traditional stock trading platforms are usually limited to specific hours of the business day, and cross-border investments involve high fees and settlement cycles. The 24/7 trading and instant settlement of tokenized stocks directly challenges the operating model of traditional trading platforms. Especially in emerging markets, investors may be more inclined to gain exposure to U.S. stocks through crypto trading platforms rather than traditional brokers. In the face of the impact of blockchain technology, traditional trading platforms are not without countermeasures. Institutions such as NASDAQ have begun to explore the application of blockchain in the field of securities settlement and clearing. For example, Nasdaq partnered with R 3 to develop an asset management platform based on the Corda blockchain. In the future, traditional trading platforms may cooperate with crypto trading platforms to launch their own tokenized products or provide more efficient trading services through technological upgrades. The rise of tokenized stocks has prompted regulators to re-examine the compliance framework for blockchain finance. This provides an opportunity for traditional trading platforms to work with regulators to maintain market fairness and stability by setting industry standards. For example, the recent easing of the SEC's enforcement actions against crypto trading platforms shows that regulators are open to blockchain technology innovation. brief summary Kraken's xStocks, Bybit's USDT stock trading, and FTX's early attempts at Binance have all outlined the evolution of tokenized stocks. This trend is not only a product of the integration of blockchain technology and traditional finance, but also a microcosm of the diversification and technology-driven global investment demand. For investors, tokenized stocks offer a more flexible and low-cost way to allocate assets; For the trading platform, it is a strategic weapon to seize the market and differentiate the competition; For traditional stock trading platforms, it is not only a challenge, but also an opportunity for technological upgrading and market expansion. However, the adoption of tokenized stocks still faces multiple challenges of compliance, technology and market education. Trading platforms like Kraken need to find a balance between innovation and regulation to ensure asset security and user trust. In the future, with the maturity of blockchain technology and the clarity of the regulatory environment, tokenized stocks are expected to become an important part of the global financial market. Link to original article
Show original
24.41K
1
Blockbeats
Blockbeats
Original title: "Kraken Enters the Stock Tokenization Market, Why Are Trading Platforms Piling Up to Seize the Track?" 》 Original author: 1912212.eth, Foresight News On May 22, Kraken, an all-crypto trading platform, announced that it will partner with Backed Finance to launch a tokenized stock and ETF trading service called "xStocks", covering more than 50 U.S.-listed stocks and ETFs such as Apple, Tesla, and Nvidia. In recent years, the integration of blockchain technology and traditional finance has been accelerating, and cryptocurrency trading platforms are becoming the vanguard of this change. The movement of tokenizing the dollar and Treasury bonds in the past is now being pushed to US stocks by trading platforms? Strategic expansion Founded in 2011, Kraken is one of the oldest cryptocurrency trading platforms in the world, with a reputation for security and compliance. In recent years, Kraken has continued to push the boundaries of its business as the crypto market has become more competitive. In 2024, Kraken acquired NinjaTrader, a futures trading platform, and launched more than 11,000 traditional trading services for U.S. stocks and ETFs in select U.S. states. Tokenized stocks refer to the conversion of equity in traditional stocks or ETFs into digital tokens through blockchain technology, with each token representing a portion of ownership of the underlying asset. These tokens can be traded 24/7 on the blockchain, breaking through the trading hours and geographical restrictions of traditional stock markets. Kraken's xStocks, based on the Solana chain, are planned to be available to non-US customers across Europe, Latin America, Africa, and Asia. Backed Finance is responsible for acquiring and escrow the underlying shares, ensuring that each token is pegged 1:1 to a real asset, and holders can redeem the cash value of the token at any time. This initiative is not an isolated incident. In 2025, global crypto trading platforms are accelerating their penetration into traditional finance. For example, Bybit recently announced that it will support USDT trading in 78 high-quality global equity assets, covering tech giants (such as Microsoft, Google), consumer goods companies (such as Coca-Cola), and energy companies (such as ExxonMobil). Users can use the stablecoin USDT to trade and enjoy the advantages of low threshold and high liquidity. Industry trends show that tokenized assets are becoming a bridge between crypto trading platforms and traditional finance. FTX vs. Binance Tokenized U.S. Stock History The concept of tokenized stocks is not new, as crypto trading platforms began to test the waters around 2020, with FTX and Binance being the most representative. Founded in 2019, FTX was once the world's third-largest crypto trading platform and was known for its innovative products. In 2020, FTX launched tokenized stock trading, allowing users to trade digital tokens of Tesla, Apple, and other U.S. stocks through its platform. The tokens are provided by FTX's Swiss subsidiary, Canco GmbH, and are pegged to real shares hosted by a third-party broker. FTX's tokenized shares support fractional trading, allowing users to purchase some shares at a cost as low as $1, greatly lowering the investment threshold. In addition, FTX is also experimenting with tokenized ETFs such as the SPDR S&P 500 ETF (SPY). However, FTX's tokenized stock business has been limited due to compliance issues and market volatility. In November 2022, FTX went bankrupt due to a mismanagement of funds and fraud scandal, and its tokenized stock business was terminated. Still, FTX's attempt is a testament to the market demand for tokenized stocks, especially among emerging markets and young investors. In 2021, Binance also launched tokenized stock trading, with the first batch including Coinbase, Tesla, and other stocks. These tokens are settled in Binance stablecoin BUSD, which supports fractional trading, and aims to provide users around the world with convenient access to U.S. stocks. However, Binance's tokenized stock business soon ran into regulatory headwinds. Financial regulators in several countries have questioned its compliance, arguing that tokenized stocks may have bypassed the regulatory framework of traditional securities markets. In the same year, Binance announced the termination of the business to focus on core crypto trading. FTX's experience with Binance shows that tokenized shares are technically feasible but face challenges in terms of compliance, asset custody, and market acceptance. With the launch of xStocks, Kraken clearly learns the lessons of its predecessors, emphasizing working with regulators and ensuring transparency and security through Backed Finance. Why trading platforms are keen to tokenize stocks Crypto trading platforms are deploying tokenized stocks, which are not only driven by technology, but also by market and strategic considerations. According to April 2025 data, the total market capitalization of U.S. stocks is about $52 trillion, accounting for more than 45% of the global stock market. The user base of crypto trading platforms is mainly young investors with a high risk appetite, but the scale of the traditional financial market far exceeds that of the crypto market. Tokenized stocks provide an entry point for trading platforms to cut into traditional finance, attracting traditional investors who are interested in stocks and ETFs. For example, Kraken's xStocks, which caters to non-US customers, targets investors in emerging markets who have strong demand for U.S. stocks but are limited by traditional channels. In addition, the core advantages of blockchain technology are decentralization, transparency and efficiency. Tokenized stocks use the blockchain to achieve 24/7 trading, instant settlement, and low-cost operations, which solves the problems of limited trading hours and high intermediary fees in the traditional stock market. In addition, blockchain supports fractional transactions, allowing small investors to participate in high-value assets, enhancing financial inclusion. In the context of fierce competition on crypto trading platforms, tokenized stocks have become a weapon for differentiated competition. Kraken's xStocks not only provide trading capabilities, but also allow users to use tokens as collateral for DeFi protocols, enhancing the liquidity and use cases of assets. This cross-border integration provides users with more diversified investment options and consolidates the ecological stickiness of the trading platform. What is the impact on traditional stock trading platforms The tokenized stock business of exchanges such as Kraken poses certain challenges to traditional stock trading platforms such as NASDAQ and NYSE, but also brings opportunities for cooperation and transformation. Trading hours on traditional stock trading platforms are usually limited to specific hours of the business day, and cross-border investments involve high fees and settlement cycles. The 24/7 trading and instant settlement of tokenized stocks directly challenges the operating model of traditional trading platforms. Especially in emerging markets, investors may be more inclined to gain exposure to U.S. stocks through crypto trading platforms rather than traditional brokers. In the face of the impact of blockchain technology, traditional trading platforms are not without countermeasures. Institutions such as NASDAQ have begun to explore the application of blockchain in the field of securities settlement and clearing. For example, Nasdaq has partnered with R3 to develop an asset management platform based on the Corda blockchain. In the future, traditional trading platforms may cooperate with crypto trading platforms to launch their own tokenized products or provide more efficient trading services through technological upgrades. The rise of tokenized stocks has prompted regulators to re-examine the compliance framework for blockchain finance. This provides an opportunity for traditional trading platforms to work with regulators to maintain market fairness and stability by setting industry standards. For example, the recent easing of the SEC's enforcement actions against crypto trading platforms shows that regulators are open to blockchain technology innovation. brief summary Kraken's xStocks, Bybit's USDT stock trading, and FTX's early attempts at Binance have all outlined the evolution of tokenized stocks. This trend is not only a product of the integration of blockchain technology and traditional finance, but also a microcosm of the diversification and technology-driven global investment demand. For investors, tokenized stocks offer a more flexible and low-cost way to allocate assets; For the trading platform, it is a strategic weapon to seize the market and differentiate the competition; For traditional stock trading platforms, it is not only a challenge, but also an opportunity for technological upgrading and market expansion. However, the adoption of tokenized stocks still faces multiple challenges of compliance, technology and market education. Trading platforms like Kraken need to find a balance between innovation and regulation to ensure asset security and user trust. In the future, with the maturity of blockchain technology and the clarity of the regulatory environment, tokenized stocks are expected to become an important part of the global financial market. Link to original article
Show original
26.15K
1
ChainCatcher 链捕手
ChainCatcher 链捕手
Author: 1912212.eth, Foresight News   On May 22, Kraken, an all-crypto exchange, announced that it will partner with Backed Finance to launch a tokenized stock and ETF trading service called "xStocks", the first batch of which covers more than 50 U.S.-listed stocks and ETFs such as Apple, Tesla, and Nvidia. In recent years, the integration of blockchain technology with traditional finance has been accelerating, and cryptocurrency exchanges are becoming the vanguard of this change. What used to be a movement to tokenize the dollar and Treasury bonds is now being pushed to U.S. equities by exchanges? Strategic expansion Founded in 2011, Kraken is one of the oldest cryptocurrency exchanges in the world, known for its security and compliance. In recent years, Kraken has continued to push the boundaries of its business as the crypto market has become more competitive. In 2024, Kraken acquired NinjaTrader, a futures trading platform, and launched more than 11,000 traditional trading services for U.S. stocks and ETFs in select U.S. states. Tokenized stocks refer to the conversion of equity in traditional stocks or ETFs into digital tokens through blockchain technology, with each token representing a portion of ownership of the underlying asset. These tokens can be traded 24/7 on the blockchain, breaking through the trading hours and geographical restrictions of traditional stock markets. Kraken's xStocks, based on the Solana chain, are planned to be available to non-US customers across Europe, Latin America, Africa, and Asia. Backed Finance is responsible for acquiring and escrow the underlying shares, ensuring that each token is pegged 1:1 to a real asset, and holders can redeem the cash value of the token at any time. This initiative is not an isolated incident. In 2025, global crypto exchanges are accelerating their penetration into traditional finance. For example, Bybit recently announced that it will support USDT trading in 78 high-quality global equity assets, covering tech giants (such as Microsoft, Google), consumer goods companies (such as Coca-Cola), and energy companies (such as ExxonMobil). Users can use the stablecoin USDT to trade and enjoy the advantages of low threshold and high liquidity. Industry trends show that tokenized assets are becoming a bridge between crypto exchanges and traditional finance. FTX and Binance tokenized U.S. stock history The concept of tokenized stocks is not new, as crypto exchanges began to test the waters around 2020, with FTX and Binance being the most representative. Founded in 2019, FTX was once the world's third-largest crypto exchange and is known for its innovative products. In 2020, FTX launched tokenized stock trading, allowing users to trade digital tokens of Tesla, Apple, and other U.S. stocks through its platform. The tokens are provided by FTX's Swiss subsidiary, Canco GmbH, and are pegged to real shares hosted by a third-party broker. FTX's tokenized shares support fractional trading, allowing users to purchase some shares at a cost as low as $1, greatly lowering the investment threshold. In addition, FTX is also experimenting with tokenized ETFs such as the SPDR S&P 500 ETF (SPY). However, FTX's tokenized stock business has been limited due to compliance issues and market volatility. In November 2022, FTX went bankrupt due to a mismanagement of funds and fraud scandal, and its tokenized stock business was terminated. Still, FTX's attempt is a testament to the market demand for tokenized stocks, especially among emerging markets and young investors. In 2021, Binance also launched tokenized stock trading, the first batch of which included Coinbase, Tesla, and other stocks. These tokens are settled in Binance stablecoin BUSD and support fractional trading, aiming to provide a convenient channel for global users to invest in U.S. stocks. However, Binance's tokenized stock business soon ran into regulatory headwinds. Financial regulators in several countries have questioned its compliance, arguing that tokenized stocks may have bypassed the regulatory framework of traditional securities markets. In the same year, Binance announced the termination of the business to focus on core crypto trading. FTX's experience with Binance shows that tokenized shares are technically feasible but face challenges in terms of compliance, asset custody, and market acceptance. With the launch of xStocks, Kraken clearly learns the lessons of its predecessors, emphasizing working with regulators and ensuring transparency and security through Backed Finance. Why exchanges are keen to tokenize stocks Crypto exchanges are deploying tokenized stocks, which are not only driven by technology, but also by market and strategic considerations. According to April 2025 data, the total market capitalization of U.S. stocks is about $52 trillion, accounting for more than 45% of the global stock market size. The user base of crypto exchanges is mainly young investors with a high risk appetite, but the size of the traditional financial market far exceeds that of the crypto market. Tokenized stocks provide an entry point for exchanges to cut into traditional finance, attracting traditional investors interested in stocks and ETFs. For example, Kraken's xStocks, which caters to non-US customers, targets investors in emerging markets who have strong demand for U.S. stocks but are limited by traditional channels. In addition, the core advantages of blockchain technology are decentralization, transparency and efficiency. Tokenized stocks use the blockchain to achieve 24/7 trading, instant settlement, and low-cost operations, which solves the problems of limited trading hours and high intermediary fees in the traditional stock market. In addition, blockchain supports fractional transactions, allowing small investors to participate in high-value assets, enhancing financial inclusion. In the context of fierce competition on crypto exchanges, tokenized stocks have become a weapon for differentiated competition. Kraken's xStocks not only provide trading capabilities, but also allow users to use tokens as collateral for DeFi protocols, enhancing the liquidity and use cases of assets. This cross-border integration provides users with more diversified investment options and can also consolidate the ecological stickiness of the exchange. What are the implications for traditional stock exchanges The tokenized stock business of exchanges such as Kraken poses a challenge to traditional stock exchanges such as NASDAQ and NYSE, but also presents opportunities for collaboration and transformation. Trading hours on traditional stock exchanges are often limited to specific hours of the business day, and cross-border investments involve high fees and settlement cycles. The 24/7 trading and instant settlement of tokenized stocks directly challenges the operating model of traditional exchanges. Especially in emerging markets, investors may prefer to gain exposure to U.S. stocks through crypto exchanges rather than traditional brokers. In the face of the impact of blockchain technology, traditional exchanges are not without countermeasures. Institutions such as NASDAQ have begun to explore the application of blockchain in the field of securities settlement and clearing. For example, Nasdaq has partnered with R3 to develop an asset management platform based on the Corda blockchain. In the future, traditional exchanges may partner with crypto exchanges to launch their own tokenized products or provide more efficient trading services through technological upgrades. The rise of tokenized stocks has prompted regulators to re-examine the compliance framework for blockchain finance. This provides an opportunity for traditional exchanges to work with regulators to maintain market fairness and stability by setting industry standards. For example, the recent easing of enforcement actions by the SEC on crypto exchanges shows that regulators are open to blockchain technology innovation. brief summary Kraken's xStocks, Bybit's USDT stock trading, and FTX's early attempts at Binance have all outlined the evolution of tokenized stocks. This trend is not only a product of the integration of blockchain technology and traditional finance, but also a microcosm of the diversification and technology-driven global investment demand. For investors, tokenized stocks offer a more flexible and low-cost way to allocate assets; For exchanges, it is a strategic weapon to seize the market and differentiate competition; For traditional stock exchanges, it is not only a challenge, but also an opportunity for technological upgrading and market expansion. However, the adoption of tokenized stocks still faces multiple challenges of compliance, technology and market education. Exchanges like Kraken need to find a balance between innovation and regulation to ensure asset security and user trust. In the future, with the maturity of blockchain technology and the clarity of the regulatory environment, tokenized stocks are expected to become an important part of the global financial market.
Show original
13.99K
0
Maya Zehavi
Maya Zehavi
All crypto exchanges are about to be global securities markets by tokenizing financial instruments.
*Walter Bloomberg
*Walter Bloomberg
KRAKEN TO LAUNCH TOKENIZED U.S. STOCKS FOR GLOBAL USERS Kraken, a U.S.-based crypto exchange, will soon let non-U.S. users trade tokenized versions of popular U.S. stocks like Apple, Tesla, and Nvidia. These digital tokens, called xStocks, will trade 24/7 on the Solana blockchain, offering global investors easier and cheaper access to U.S. equities. Key Details: 🔸 Launching in Europe, Latin America, Africa, and Asia in the coming weeks. 🔸 Not available to U.S. users. 🔸 Over 50 stocks and ETFs will be tokenized, including SPY and SPDR Gold Shares. 🔸 Tokens will be backed by actual shares, held by Kraken’s partner Backed Finance, and redeemable for cash. 🔸 Tokens can be held in digital wallets or used as collateral for crypto trades. Why Tokenize Stocks? Kraken says this allows 24/7 trading and avoids high fees and delays typical of international brokerage systems. Investors may eventually trade xStocks on other crypto platforms.
9.27K
4
lito
lito
let’s go @BackedFi 🫡
*Walter Bloomberg
*Walter Bloomberg
KRAKEN TO LAUNCH TOKENIZED U.S. STOCKS FOR GLOBAL USERS Kraken, a U.S.-based crypto exchange, will soon let non-U.S. users trade tokenized versions of popular U.S. stocks like Apple, Tesla, and Nvidia. These digital tokens, called xStocks, will trade 24/7 on the Solana blockchain, offering global investors easier and cheaper access to U.S. equities. Key Details: 🔸 Launching in Europe, Latin America, Africa, and Asia in the coming weeks. 🔸 Not available to U.S. users. 🔸 Over 50 stocks and ETFs will be tokenized, including SPY and SPDR Gold Shares. 🔸 Tokens will be backed by actual shares, held by Kraken’s partner Backed Finance, and redeemable for cash. 🔸 Tokens can be held in digital wallets or used as collateral for crypto trades. Why Tokenize Stocks? Kraken says this allows 24/7 trading and avoids high fees and delays typical of international brokerage systems. Investors may eventually trade xStocks on other crypto platforms.
6.32K
14

SPY price performance in TRY

The current price of snipify-protocol is ₺0.00015563. Over the last 24 hours, snipify-protocol has decreased by -98.37%. It currently has a circulating supply of 999,427,364 SPY and a maximum supply of 999,427,364 SPY, giving it a fully diluted market cap of ₺155,545.16. The snipify-protocol/TRY price is updated in real-time.
5m
+0.00%
1h
-1.98%
4h
+5.33%
24h
-98.37%

About Snipify Protocol (SPY)

Snipify Protocol (SPY) is a decentralized digital currency leveraging blockchain technology for secure transactions. As an emerging global currency, Snipify Protocol currently stands at a price of ₺0.00015563.

Why invest in Snipify Protocol (SPY)?

As a decentralized currency, free from government or financial institution control, Snipify Protocol is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Snipify Protocol involves complexity and volatility. Thorough research and risk awareness are essential before investing.

Find out more about Snipify Protocol (SPY) prices and information here on OKX TR today.

How to buy and store SPY?

To buy and store SPY, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying SPY, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).

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Snipify Protocol FAQ

What’s the current price of Snipify Protocol?
The current price of 1 SPY is ₺0.00015563, experiencing a -98.37% change in the past 24 hours.
Can I buy SPY on OKX TR?
No, currently SPY is unavailable on OKX TR. To stay updated on when SPY becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of SPY fluctuate?
The price of SPY fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 Snipify Protocol worth today?
Currently, one Snipify Protocol is worth ₺0.00015563. For answers and insight into Snipify Protocol's price action, you're in the right place. Explore the latest Snipify Protocol charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Snipify Protocol, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Snipify Protocol have been created as well.

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