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Easily convert GOOGLON to SPYX with ConvertOnline's efficient tool.
Alphabet Class A Tokenized Stock (Ondo) (GOOGLon) represents a digital token that is pegged to the Class A shares of Alphabet Inc., the parent company of Google. This token allows investors to gain exposure to the performance of Alphabet's stock in a blockchain-based format, facilitating easier trading and ownership transfer.
The SP500 tokenized ETF (xStock) (SPYX) is a digital asset that represents a tokenized version of an exchange-traded fund (ETF) tracking the S&P 500 index. By providing exposure to the performance of the 500 largest publicly traded companies in the United States, this token aims to democratize access to traditional stock market investments through blockchain technology.