BACX
Bank of America xStock
$53.23
0.00%
Bank of America xStock
BACX
$53.23
0.00%
Bank of America xStock Price Converter
Bank of America xStock Information
Bank of America xStock Markets
About Bank of America xStock
Bank of America xStock (BACx) is a Solana-based tokenised certificate reflecting Bank of America Corporation stock. Issued by Backed Finance, it provides blockchain-based access to the underlying equity for eligible users.
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.
Bank of America xStock (BACx) is a tokenised tracker certificate designed to reflect the price of Bank of America Corporation stock (NYSE: BAC). It is issued on the Solana blockchain. The product enables eligible participants to gain on-chain exposure to Bank of America through a regulatory-compliant structure.
The underlying asset is issued by Bank of America Corporation, a global financial institution providing services across retail and commercial banking, wealth management, and investment banking. It serves clients ranging from individuals and small businesses to large corporations and governments.
- Issuer: Backed Assets (JE) Limited
- ISIN: CH1436219500
- Network / Chain: Solana (SOL)
- Smart Contracts: Solana
- Issuer: Bank of America Corporation, 100 North Tryon Street, Charlotte, NC 28255, USA
- LEI: 9DJT3UXIJIZJI4WXO774
- ISIN: US0605051046
- Symbol: BAC
- Name: Bank of America Corporation
- 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.
