Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are digital tokens that represent fractional ownership of specific U.S.-listed stocks or exchange-traded funds (ETFs). Each token corresponds 1:1 to an underlying asset, which is held in custody by Backed Finance. Issued on the Solana blockchain, xStocks allow for transfer and trading of these representations on-chain. They are used for purposes such as trading on supported exchanges, portfolio diversification, and participation in certain decentralised finance (DeFi) applications.

Question 2

What is Alphabet xStock (GOOGLx)?

Accepted Answer

Alphabet xStock (GOOGLx) is a tokenised tracker certificate designed to reflect the price of Alphabet Inc. Class A stock (NASDAQ: GOOGL). It is issued on the Solana blockchain. The product enables eligible participants to gain on-chain exposure to Alphabet through a regulatory-compliant structure.

The underlying asset is issued by Alphabet Inc., a multinational holding company and parent of subsidiaries including Google, YouTube, and Android. Alphabet is also involved in areas such as life sciences, autonomous vehicles, and other emerging technologies.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219237  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: Alphabet Inc. Class A, 1600 Amphitheatre Parkway, Mountain View, CA 94043, USA  
- **LEI**: 5493006MHB84DD0ZWV18  
- **ISIN**: US02079K3059  
- **Symbol**: GOOGL  
- **Name**: Alphabet Inc. Class A

Question 5

Service Providers

Accepted Answer

- **Tokenizer**: Backed Finance AG  
- **Brokers**: Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG  
- **Custodians**: Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG  
- **Security Agent**: Security Agent Services AG

Question 6

Who created xStocks?

Accepted Answer

xStocks are issued by Backed Finance, a Swiss-based company focused on tokenising traditional financial assets. Access to these tokens is restricted to non-U.S. persons in accordance with applicable regulations.


GOOGLx	BEP20	BNB	0xe92f673ca36c5e2efd2de7628f815f84807e803f	2025-07-04
GOOGLx	ERC20	ETH	0xe92f673ca36c5e2efd2de7628f815f84807e803f	2025-08-06
GOOGLx	SPL	SOL	XsCPL9dNWBMvFtTmwcCA5v3xWPSMEBCszbQdiLLq6aN	2025-06-12