Question 1

What is Bitmine xStock (BMNRx)?

Accepted Answer

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.

Question 2

What is Bitmine xStock (BMNRx) used for?

Accepted Answer

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.

Question 3

Who created Bitmine xStock (BMNRx)?

Accepted Answer

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.

Question 4

Token Details

Accepted Answer

- **Issuer:** Backed Assets (JE) Limited
- **ISIN:** CH1173294385
- **Network / Chain:** Ethereum (ERC-20) & Solana (SPL)

Question 5

Underlying Asset Information

Accepted Answer

- **Issuer:** Bitmine Immersion Technologies, Inc.
- **ISIN:** US09175A2069
- **Symbol:** BMNR
- **Name:** Bitmine Immersion Technologies, Inc.

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


BMNRx	SPL	SOL	XsrBCwaH8c46xiqXBChzobgufRKxQxAWUWbndgBNzFn	2025-10-07
BMNRx	ERC20	ETH	0xaeb681b69e5094e04d11bcef51a71358a374c3ed	2025-09-22