Bitmine (xStock Tokenized)

Bitmine xStock (BMNRx) is a tokenised tracker certificate issued as an ERC-20 and SPL token on Ethereum and Solana. It follows the price of Bitmine Immersion Technologies, Inc. shares. BMNRx is fully backed by the underlying equity and offers tokenised exposure to its performance. It is intended for eligible market participants seeking regulated access to equities via blockchain infrastructure.

BMNRx enables onchain exposure to Bitmine Immersion Technologies, Inc., a company that focuses on immersion cooling technologies for cryptocurrency mining. The token allows digital asset users to access traditional equity instruments while benefiting from blockchain-native features such as decentralised custody, increased accessibility, and programmable finance.

BMNRx is issued by Backed Assets (JE) Limited, a subsidiary of Backed Finance AG. It is supported by a network of service providers including Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG, and Security Agent Services AG, who manage brokerage, custody, and security agent functions.