Answers · Buy a stock as a token

Can I buy IBM (IBM) as a token — and from which issuers?

Short answer

Yes — IBM exists as a token from 7 issuers in our data: IBMx (Backed), IBM.RP (BG El Salvador, S.A. de C.V.), IBMB (bStocks), IBM (Dinari), IBMon (Ondo Global Markets), IBM.RH (Robinhood Assets), IBM.BP (Trek Nexus Markets Ltd), on 8 chains (Solana, Ethereum, Arbitrum, Morph, BNB Chain, Base …). 1 is for accredited or professional investors only. None registers a IBM share in your own name — you hold a claim on the issuer, so the issuer’s structure and terms matter as much as the stock.

IBM shares exist as tokens from many issuers. They are not the same product: some are tracker certificates backed by a share held in custody, some are claims on a special-purpose vehicle, some are derivatives inside a broker’s app, and one or two are issued by a transfer agent on behalf of the company. They also differ in chain, in who the issuer says it offers them to, and in whether you need KYC to buy. The table lists every version we have; each row links to its own page with the issuer’s source.

Figures from our live dataset · data as of 2026-10-16 · not investment advice

TokenIssuerYield / returnMinimumKYC to buyChain
IBMx
International Business Machines xStock
Backed / Kraken (xStocks)Price return—Not statedSolana / Ethereum (+10)
IBM.RP
IBM (Reality rIBM)
BG El Salvador, S.A. de C.V. (Reality)Price return—Not statedArbitrum / Morph
IBMB
IBM (bStocks Tokenized Stock)
bStocksPrice return—Not statedBNB Chain
IBM
International Business Machines Corporation (Dinari IBM)
Dinari——KYC requiredethereum / base / arbitrum-one / avalanche
IBMon
IBM (Ondo IBMon)
Ondo Global Markets (BVI)Price return—Not statedEthereum / BNB Chain / Solana
IBM.RH
IBM • Robinhood Token
Robinhood Assets (Jersey) LimitedPrice return—Not statedRobinhood Chain
IBM.BP
International Business Machines Corporation (Backpack IBM.US)
Trek Nexus Markets Ltd (Backpack Securities)Price return—Not statedSolana

More questions

Is a IBM token the same as owning IBM stock?

No. A token tracks the price, but the legal claim is on the token’s issuer — a tracker certificate, an SPV share, or a derivative — not a share in your name with a broker. Voting rights are usually not passed on; dividends are paid out, reinvested or not passed on depending on the issuer.

Where can I trade IBM tokens?

Depends on the issuer: some trade on decentralised exchanges on their chain, some only inside the issuer’s or a partner exchange’s app. Each token’s page in the table names where it trades.

Which of them can I buy without KYC?

None of them is stated as buyable without KYC. 1 explicitly require it.

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