Question 1

What is AstraZeneca xStock (AZNx)?

Accepted Answer

AstraZeneca xStock (AZNx) is a tokenised tracker certificate issued as an ERC-20 token on Ethereum and an SPL token on Solana. It tracks the price of AstraZeneca PLC shares, offering blockchain-based exposure to the underlying equity. The token is fully backed 1:1 by the corresponding security and is issued in compliance with applicable regulatory standards.

AZNx is part of the xStock product suite developed by Backed Finance, which provides tokenised access to traditional equities using blockchain infrastructure.

Question 2

What is AstraZeneca xStock (AZNx) used for?

Accepted Answer

AZNx is used to provide eligible participants in cryptocurrency markets with tokenised access to the stock price of AstraZeneca PLC. It combines traditional equity exposure with the benefits of blockchain, such as increased transferability, onchain transparency, and programmability for integration with digital asset platforms.

Question 3

Who created AstraZeneca xStock (AZNx)?

Accepted Answer

AZNx is issued by Backed Assets (JE) Limited, a subsidiary of Backed Finance AG. The token’s issuance and administration are supported by regulated service providers, including brokerage, custody, and security agent partners 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:** CH1436219484
- **Network / Chain:** Ethereum (ERC-20) & Solana (SPL)

Question 5

Underlying Asset Information

Accepted Answer

- **Issuer:** AstraZeneca PLC
- **ISIN:** US0463531089
- **Symbol:** AZN
- **Name:** AstraZeneca PLC

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


AZNx	BEP20	BNB	0x5d642505fe1a28897eb3baba665f454755d8daa2	2025-07-04
AZNx	ERC20	ETH	0x5d642505fe1a28897eb3baba665f454755d8daa2	2025-08-06
AZNx	SPL	SOL	Xs3ZFkPYT2BN7qBMqf1j1bfTeTm1rFzEFSsQ1z3wAKU	2025-06-12