SP500 Reference Token (SPYs)

Welcome to the ARTokens Docs Hub — your single source for our official documentation.

This section provides the official White Paper for the SP500 Reference Token (SPYs) and any future updates. The SPYs is a price-tracker token referencing the SPDR S&P 500 ETF (SPY), issued by ARTokens GmbH. The SP500 Reference Tokens seek to maintain a stable value in relation to shares of the SPDR S&P 500 ETF Trust (ISIN: US78462F1030) ("SPY Shares").


Overview

Our Whitepaper explains the legal structure, technical design, backing assets, and compliance classification of the token under the EU Markets in Crypto-Assets Regulation (MiCAR). It includes:

  • Details about the backing asset, assets custodian, and independent auditor

  • Description of the token’s core functionalities, including minting, burning, transferability, and redemption rights

  • Information about the supported blockchains and smart contract standards

  • Governance and operational arrangements for issuance, redemption, and reserve management

  • Conditions for modifications, termination rights, and insolvency protections

  • Risk factors and disclaimers as required under MiCAR


Version History & Audit Trail

This table tracks the publication dates and versions of all official updates regarding the White paper.

Document
Notification Date
Link to file

SP500 Reference Token White Paper

July, 3rd 2025


Please always check for the latest version before relying on any document.

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