Three tokenized equities now trade on Mantle's on-chain market, with Bending Spoons (BSPx) becoming the latest name alongside SPCXx and USPXx. A tokenized equity is a blockchain-based token that represents a claim on a publicly traded company, settled on a decentralized network rather than through a conventional brokerage or stock exchange. Mantle, which describes itself as a distribution layer connecting traditional finance to on-chain markets and is based in Dubai, moved from its first tokenized listing to three in under a month.
The timing is the announcement
Each of the three tokens arrived on Mantle within weeks of the corresponding company's conventional public debut. That is the specific claim Mantle is making: its market now keeps pace with the traditional listing calendar rather than lagging it by months. The source names SPCXx, USPXx, and BSPx in that sequence but gives no individual listing dates for any of them. Only the collective window of under a month is confirmed.
What Mantle says it does
The platform describes itself as the "premier distribution layer" between conventional finance and blockchain-based markets. In plain terms, a distribution layer is infrastructure that routes financial instruments from one market structure to another, rather than creating or pricing those instruments itself. Mantle does not originate the companies behind these tokens, underwrite their offerings, or set share prices. It lists tokens that reference companies after their traditional debuts and makes them available on-chain to anyone with a compatible wallet.
BSPx is the ticker for Bending Spoons. SPCXx and USPXx are the other two live names. The source does not identify the issuers behind those first two tickers or describe what legal rights, if any, each token confers on holders.
The risk behind the pace
Speed and safety are different things. Three names in under a month is a listing rate, not an investment case. The announcement does not tell buyers whether the tokens trade with real liquidity, what regulatory framework covers them, or what happens to a holder who wants to exit a position. The source attributes none of those details. What was confirmed on July 7, 2026 is the addition of BSPx to Mantle's tokenized equity market, the network's third name in less than thirty days. What that listing delivers to a buyer, beyond exposure to the Bending Spoons name on a blockchain network, the source does not say.