Question 1

What are xStocks and what are they used for?

Accepted Answer

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.

Question 2

What is Danaher xStock (DHRx)?

Accepted Answer

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.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219542  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: Danaher Corporation, 2200 Pennsylvania Avenue NW, Suite 800W, Washington, DC 20037, USA  
- **LEI**: 549300JJ75JNZ01ZK538  
- **ISIN**: US2358511028  
- **Symbol**: DHR  
- **Name**: Danaher Corporation

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 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.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	DHR.XS-USDT DHRX_USDT	gateio	A	218.64USDT	-1.41%	58.98DHR.XS	273	221.77USDT	225.04USDT
2	DHR.XS-USD DHRxUSD	kraken	AA	211.34USD	0.00%	0DHR.XS	0	211.34USD	211.34USD
3	DHR.XS-USDT dhrx_usdt	xtpub	-	214.78USDT	-2.03%	225.50DHR.XS	15,538	219.24USDT	219.53USDT