Answers · Buy a stock as a token

Can I buy ProShares UltraPro Short QQQ (SQQQ) as a token — and from which issuers?

Short answer

Yes — ProShares UltraPro Short QQQ exists as a token from 6 issuers in our data: ASQQQ (Anchored Finance), SQQQx (Backed), SQQQ.RP (BG El Salvador, S.A. de C.V.), SQQQ (Dinari), SQQQon (Ondo Global Markets), SQQQ.BP (Trek Nexus Markets Ltd), on 5 chains (Arbitrum, Monad, Ethereum, Solana, BNB Chain). 1 is for accredited or professional investors only. None registers a ProShares UltraPro Short QQQ unit in your own name — you hold a claim on the issuer, so the issuer’s structure and terms matter as much as the stock.

ProShares UltraPro Short QQQ units 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
ASQQQ
ProShares UltraPro Short QQQ aStock
Anchored Finance (aStock)Price return—Not statedArbitrum / Monad / Ethereum (+3)
SQQQx
ProShares UltraPro Short QQQ xStock
Backed / Kraken (xStocks)Price return—Not statedSolana / Ethereum (+9)
SQQQ.RP
ProShares UltraPro Short QQQ ETF (Reality rSQQQ)
BG El Salvador, S.A. de C.V. (Reality)Price return—Not statedArbitrum
SQQQ
ProShares UltraPro Short QQQ (Dinari SQQQ)
Dinari——KYC required—
SQQQon
ProShares UltraPro Short QQQ (Ondo SQQQon)
Ondo Global Markets (BVI)Price return—Not statedEthereum / BNB Chain / Solana
SQQQ.BP
ProShares UltraPro Short QQQ (Backpack SQQQ.US)
Trek Nexus Markets Ltd (Backpack Securities)Price return—Not statedSolana

Side by side

ASQQQSQQQxSQQQ.RPSQQQSQQQonSQQQ.BP
Where the yield comes from—SQQQ price performanceSQQQ price performance—SQQQ price performanceSQQQ price performance
Custody—Self-custody possible (withdraw to wallet)Self-custody walletShares held in a custodial brokerage account; tokens are non-transferable for US customers.Self-custody (transferable, DeFi-compatible)Self-custody wallet or exchange account
LiquidityTraded on public markets — venues not verified——US market hours, extended and overnight sessionsUS market hours; a subset is off-hours tradable—
KYC to mint with the issuerNot statedKYC requiredNot statedKYC requiredKYC requiredNot stated
KYC to buy on a marketNot statedNot statedNot statedKYC requiredNot statedNot stated
KYC to redeemNot statedNot statedNot statedKYC requiredKYC requiredNot stated
Jurisdiction—Jersey / EU service (CySEC)El SalvadorUnited StatesBritish Virgin Islands (non-US investors only)British Virgin Islands
How to buy—Buy on Kraken, optionally withdraw to a Solana walletThrough Reality or BitgetDinari Trading App or a partner app, after KYC; funded in USDC.Onboard with Ondo (KYC/KYB); in the EEA restricted to professional clients and qualified investorsOn Backpack Exchange

More questions

Is a SQQQ token the same as owning ProShares UltraPro Short QQQ units?

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 unit 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 SQQQ 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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