DHRx is a Solana-based token that tracks the share price of Danaher Corporation. It offers tokenised equity exposure via Backed Finance's infrastructure, mirroring traditional stock performance on-chain.
xStocks are blockchain-issued tokens that represent shares of publicly traded companies. Each token is structured as a tracker certificate and is designed to reflect the price of a corresponding underlying equity. They are issued on blockchain networks like Solana and provide a regulated mechanism for gaining exposure to traditional financial securities in a tokenised format.
Danaher xStock (DHRx) is a tokenised tracker certificate that represents the stock of Danaher Corporation. Issued on the Solana blockchain, DHRx is intended to offer regulatory-compliant digital access to Danaher’s equity value, mirroring its stock performance through a blockchain-native asset.
Danaher Corporation is a science and technology group focused on life sciences, diagnostics, and biotechnology. Its operations involve the development and commercialisation of health-focused technologies, diagnostic tools, and scientific instruments.
Issuer: Backed Assets (JE) Limited
ISIN: CH1436219542
Network / Chain: Solana (SOL)
Smart Contracts: Solana
Issuer: Danaher Corporation, 2200 Pennsylvania Avenue NW, Suite 800W, Washington, DC 20037, USA
LEI: 549300JJ75JNZ01ZK538
ISIN: US2358511028
Symbol: DHR
Name: Danaher 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 company providing blockchain-based financial products. The firm works with financial institutions and service providers to deliver tokenised versions of traditional assets in a regulated manner.