Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are tokenised tracker certificates that provide access to traditional financial assets through blockchain infrastructure. They allow eligible market participants to gain exposure to equities or ETFs in a regulated and blockchain-native format.

Question 2

What is Johnson & Johnson xStock (JNJx)?

Accepted Answer

JNJx is a tokenised tracker certificate issued on the Solana blockchain that mirrors the price of Johnson & Johnson stock. It enables blockchain-based exposure to the equity value of Johnson & Johnson for eligible participants.

Johnson & Johnson is a multinational healthcare company involved in the research, development, and production of pharmaceuticals, medical devices, and consumer health products. Its operations span several therapeutic areas across three main segments: Consumer Health, Pharmaceutical, and Medical Devices.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219294  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: Johnson & Johnson, One Johnson & Johnson Plaza, New Brunswick, NJ 08933, USA  
- **LEI**: 549300G0CFPGEF6X2043  
- **ISIN**: US4781601046  
- **Symbol**: JNJ  
- **Name**: Johnson & Johnson

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 Swiss company that creates blockchain-based financial products. The goal is to enable tokenised access to traditional securities while complying with regulatory frameworks.