Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are tokenised tracker certificates that replicate the price of publicly traded equities or exchange-traded funds. They enable eligible participants to gain regulated, blockchain-based access to traditional financial assets without holding the underlying securities.

Question 2

What is Home Depot xStock (HDx)?

Accepted Answer

HDx is a tokenised tracker certificate that mirrors the price of The Home Depot, Inc. shares. Issued as Solana SPL and ERC-20 tokens, HDx provides blockchain-based access to the performance of Home Depot, a multinational home improvement retailer with operations in the United States, Canada, and Mexico.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219351  
- **Network / Chain**: Solana (SPL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: The Home Depot, Inc., 2455 Paces Ferry Road SE, Atlanta, GA 30339, USA  
- **LEI**: 7V5N8K3HM1K35BXMCN11  
- **ISIN**: US4370761029  
- **Symbol**: HD  
- **Name**: The Home Depot, 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 created by Backed Finance. These blockchain-compatible tracker certificates enable access to traditional assets within decentralised environments, complying with regulatory structures.