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Easily convert SPYX to IMX with ConvertOnline's efficient tool.
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.
Immutable (IMX) is a layer-2 scaling solution specifically designed for non-fungible tokens (NFTs) on the Ethereum blockchain. It facilitates fast, secure, and gas-free transactions, making it easier for developers and users to create, trade, and manage NFTs without the high costs typically associated with Ethereum's main network.