Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are blockchain-issued tokens that represent shares of real-world equities. They are structured as tracker certificates and are issued on the Solana blockchain. Each xStock reflects the price of a corresponding underlying stock and is intended to give eligible participants regulated access to traditional financial assets using blockchain infrastructure.

Question 2

What is CrowdStrike xStock (CRWDx)?

Accepted Answer

CrowdStrike xStock (CRWDx) is a tokenised tracker certificate that follows the stock price of CrowdStrike Holdings, Inc. Issued on the Solana blockchain, CRWDx enables regulated digital exposure to CrowdStrike’s equity, while retaining blockchain-native characteristics like transparency and programmability.

The underlying company, CrowdStrike Holdings, Inc., is a cybersecurity firm that delivers cloud-based security solutions. It operates the CrowdStrike Falcon platform, which integrates AI and threat intelligence to offer endpoint and workload protection.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219674  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: CrowdStrike Holdings, Inc., 2341 Washington Avenue, San Francisco, CA 94109, USA  
- **LEI**: 549300YBY08K9KM4HX32  
- **ISIN**: US22788C1053  
- **Symbol**: CRWD  
- **Name**: CrowdStrike Holdings, Inc.

Question 5

Service Providers

Accepted Answer

- **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

Question 6

Who created xStocks?

Accepted Answer

xStocks are developed and issued by Backed Finance, a Switzerland-based company offering blockchain-native financial products. Their infrastructure integrates regulated financial intermediaries to enable tokenised access to traditional securities.


CRWDx	BEP20	BNB	0x214151022c2a5e380ab80cdac31f23ae554a7345	2025-07-04
CRWDx	SPL	SOL	Xs7xXqkcK7K8urEqGg52SECi79dRp2cEKKuYjUePYDw	2025-06-12
CRWDx	ERC20	ETH	0x214151022c2a5e380ab80cdac31f23ae554a7345	2025-08-06