Question 1

What is ASML xStock (ASMLx)?

Accepted Answer

ASML xStock (ASMLx) is a tokenised tracker certificate issued on Ethereum (ERC-20) and Solana (SPL). It represents the price of ASML Holding N.V., enabling token holders to gain onchain exposure to the performance of the underlying equity. Each token is fully backed 1:1 by the underlying security and issued in compliance with applicable regulations.

ASMLx belongs to the xStock product line by Backed Finance, which differs from bTokens by focusing exclusively on providing tokenised access to individual stocks rather than index or fixed-income instruments.

Question 2

What is ASML xStock (ASMLx) used for?

Accepted Answer

ASMLx gives eligible cryptocurrency market participants access to the stock price of ASML Holding N.V. through a regulatory-compliant digital asset. It offers blockchain-based benefits such as transparency, programmability, and 24/7 transferability, while maintaining a direct link to the performance of the underlying equity.

Question 3

Who created ASML xStock (ASMLx)?

Accepted Answer

ASMLx is issued by Backed Assets (JE) Limited, part of Backed Finance AG. The tokenised structure is supported by a network of regulated financial partners, including brokers, custodians, and security agents such as Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG, and Security Agent Services AG.

Question 4

Token Details

Accepted Answer

- **Issuer:** Backed Assets (JE) Limited
- **ISIN:** CH1473121262
- **Network / Chain:** Ethereum & Solana

Question 5

Underlying Asset Information

Accepted Answer

- **Issuer:** ASML Holding N.V.
- **ISIN:** USN070592100
- **Symbol:** ASML
- **Name:** ASML Holding N.V.

Question 6

Service Providers

Accepted Answer

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