Every tokenized Meta, compared

6 tokens track Meta, from 6 issuers. Same price driver, different products: issuer, legal wrapper, holder rights, chain and custody differ — compare them below. Plus 1 perpetual on Hyperliquid — exposure without ownership.

Who may buy is set by the issuer — check their terms.

KYC gates
mint unknown · buy unknown
Custody
—
Chain
Arbitrum / Monad / Ethereum (+1)
Token ISIN
none published
identity only · no figures stated
Target / Area
Retail (EU)
KYC gates
mint required · buy unknown
Custody
self
Chain
Solana (+Ethereum, BNB, Arbitrum)
Token ISIN
CH1436219229
METAB · bStocks
Meta Platforms (bStocks Tokenized Stock)
KYC gates
mint unknown · buy unknown
Custody
—
Chain
BNB Chain
Token ISIN
none published
identity only · no figures stated
METAC · Coinbase (tokenized stock)
Meta (Coinbase Tokenized Stock)
KYC gates
mint unknown · buy unknown
Custody
—
Chain
Base
Token ISIN
none published
identity only · no figures stated
META · Dinari
Meta Platforms, Inc. Class A (Dinari META)
Target / Area
Retail (US)
KYC gates
mint required · buy required · whitelist
Custody
whitelisted
Chain
ethereum / base / arbitrum-one / avalanche / hyperevm
Token ISIN
none published
identity only · no figures statedchecked 2026-09-20
METAon · Ondo Global Markets (BVI)
Meta Platforms (Ondo METAon)
Target / Area
Professional (EU)
KYC gates
mint required · buy unknown
Custody
self
Chain
Ethereum / BNB Chain / Hyperevm (+1)
Token ISIN
none published
identity only · no figures stated

Machine-readable: these instruments as JSON · every underlying · llms.txt

Token or perp — what does holding Meta cost?

Same price exposure, two ways. The token costs mostly once, when you buy and sell. The perp costs a little every hour, through funding. So the answer depends on how long you hold.

Token · METAx
$43.60
Spread 0.44% on BigONE, paid once for buying and selling. Same at any holding period.
Perp · xyz:META, long
$60.32
Fee $1.80 in and out, plus funding $58.52 over 30 days at the 7-day average of 7.12% a year.

Up to about 21 days the perp is cheaper; after that, the token.

Not included: the exchange's own trading fee on the token and any issuer fee (we have no source for them), price moves, and leverage — a perp position can be liquidated, a token cannot. Funding changes every hour; the 7-day average is a reading, not a forecast. Spreads from CoinGecko, perps from the Hyperliquid API, spreads 2026-10-15, perps 2026-10-15 05:17 UTC. Not investment advice.

Meta as a perpetual

Not ownership: no dividend, no vote, no claim on the share. Funding is paid or received every hour; positive means longs pay shorts. Leveraged positions are liquidated when margin runs out. Settled in stablecoins on Hyperliquid; each market is run by its own deployer (HIP-3).

xyz:META · XYZ on Hyperliquid
META references 1 share of Meta Platforms, Inc. Class A common stock (Nasdaq: META), quoted in USD.
perp · no ownership
Fee taker / maker
0.009 % / 0.003 %
Funding, 7-day avg
7.12 % p.a.
Funding, latest hour
5.48 % p.a.
Max leverage
20×, cross or isolated
Collateral
USDC
24h volume
$67.1M
Open interest
$82.1M

Fees at the entry tier, before volume and referral discounts; the front end you trade through may add its own fee. Funding annualised from hourly rates, positive = longs pay shorts. Read from the Hyperliquid API, 2026-10-15 05:17 UTC. TokenBank takes no fee and has no referral on these markets.

What this comparison shows

Each row is one issuer’s product on Meta: its wrapper, custody, chain, KYC gates and — where the issuer names them — the investor class and market it is aimed at (“Target / Area”). These are descriptions taken from the issuer’s documents, not a statement about whether you may buy it.

Who may buy is set by the issuer — check their terms. TokenBank does not check eligibility, does not rank or hide anything by it, and takes no fee for these listings.

Tokenized securities carry issuer, custody and smart-contract risk on top of market risk, are not deposit insured, and often give you no shareholder rights in the underlying company — each token page says which. Not investment advice.

More in Internet platforms & social

Same industry as Meta. Industry: SEC SIC code 7370. All in Internet platforms & social →

Meta, answered.

Which tokenized Meta should I pick?

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METAx (Backed / Kraken (xStocks)) — aimed at Retail (EU). METAC (Coinbase (tokenized stock)). METAon (Ondo Global Markets (BVI)) — aimed at Professional (EU). METAB (bStocks). META (Dinari) — aimed at Retail (US). AMETA (Anchored Finance (aStock)). They differ in issuer, legal wrapper, holder rights, chain and cost. Who may buy each one is set by its issuer — check their terms before acting.

Why are there 6 different tokens for one security?

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Because tokenizing a share is not one act. Each issuer builds its own wrapper — its own legal entity, jurisdiction, custody arrangement and distribution route — around the same underlying. The tokens are not competing versions of one product; they are different products giving exposure to the same thing.

Are these interchangeable?

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No. They share a price driver and almost nothing else. Different issuer means different counterparty risk, different regulator, different redemption route and different terms. Two tokens can move identically all year and still leave you with entirely different rights if the issuer fails.

Does a token ISIN matter here?

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It tells you something real. An ISIN attaches to a security issued under a regime that requires one, so its presence signals a securities wrapper with a prospectus behind it. Its absence is not a defect; it describes a different legal structure. Both appear in the table below.

Is a Meta perp the same as a tokenized Meta?

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No. A tokenized share is a claim on an issuer that holds (or tracks) the share. A perpetual is a contract between traders: it follows the price through funding, pays no dividend, gives no vote, and a leveraged position is closed when the margin runs out.

What does a Meta perp cost to hold?

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Two things. A trading fee — xyz:META 0.009 % taker at the entry tier, before any fee the front end adds. And funding, settled every hour: over the last 7 days xyz:META averaged 7.12 % a year. Positive funding means longs pay shorts; it changes every hour.