AstraZeneca xStock (AZNx) is a Solana-based tokenised certificate reflecting AstraZeneca PLC stock. Issued by Backed Finance, it enables blockchain-based access to the underlying equity for eligible participants.
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.
AstraZeneca xStock (AZNx) is a tokenised tracker certificate designed to reflect the price of AstraZeneca PLC stock (NASDAQ: AZN). It is issued on the Solana blockchain. The product enables eligible participants to gain on-chain exposure to AstraZeneca through a regulatory-compliant structure.
The underlying asset is issued by AstraZeneca PLC, a British-Swedish biopharmaceutical company. The company is active in the research and development of prescription medicines across areas including oncology, cardiovascular and metabolic diseases, respiratory conditions, immunology, and rare diseases.
Issuer: Backed Assets (JE) Limited
ISIN: CH1436219484
Network / Chain: Solana (SOL)
Smart Contracts: Solana
Issuer: AstraZeneca PLC, 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, CB2 0AA, United Kingdom
LEI: PY6ZZQWO2IZFZC3IOL08
ISIN: US0463531089
Symbol: AZN
Name: AstraZeneca PLC
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
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.