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 xStock is structured as a tracker certificate that mirrors the performance of a specific equity. These tokens are issued on blockchain networks such as Solana and aim to provide digital access to traditional financial securities through regulated, tokenised formats.

Question 2

What is DeFi Development Corp xStock (DFDVx)?

Accepted Answer

DFDVx is a tokenised tracker certificate representing shares of DeFi Development Corp. Issued on the Solana blockchain, it enables eligible participants to gain digital exposure to the equity performance of DeFi Development Corp via a regulatory-compliant mechanism.

DeFi Development Corp (DFDV) has a treasury policy that allocates its reserve assets primarily in Solana (SOL), aiming to provide indirect exposure to the Solana ecosystem. This strategy is part of its broader focus on blockchain-based financial initiatives.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1173294393  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: DeFi Development Corp, C/O Corporate Creations Network Inc., 1521 Concord Pike, Suite 201, Wilmington, Delaware 19803, USA  
- **ISIN**: US47100L3015  
- **Symbol**: DFDV  
- **Name**: DeFi Development Corp

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 that provides tokenised financial instruments. These products aim to bridge traditional financial assets with blockchain infrastructure through regulated issuance and custody services.


DFDVx	SPL	SOL	Xs2yquAgsHByNzx68WJC55WHjHBvG9JsMB7CWjTLyPy	2025-06-27
DFDVx	BEP20	BNB	0x521860bb5df5468358875266b89bfe90d990c6e7	2025-07-04
DFDVx	ERC20	ETH	0x521860bb5df5468358875266b89bfe90d990c6e7	2025-08-06