Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are tokenised tracker certificates that offer blockchain-native access to traditional financial securities. They enable eligible participants to gain exposure to equities or ETFs while interacting through a digital asset infrastructure.

Question 2

What is Marvell xStock (MRVLx)?

Accepted Answer

MRVLx is a tokenised tracker certificate issued on the Solana blockchain. It reflects the price of Marvell Technology, Inc. shares, giving eligible market participants token-based exposure to the equity performance of the underlying company.

Marvell Technology, Inc. is a US-based semiconductor company that focuses on data infrastructure solutions. The company develops integrated circuits used for data movement, storage, processing, and security across applications such as cloud data centres, automotive, enterprise, and telecom networks.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219658  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: Marvell Technology, Inc., 5488 Marvell Lane, Santa Clara, CA 95054, USA  
- **LEI**: 549300M501IVJM50FG12  
- **ISIN**: US5738741041  
- **Symbol**: MRVL  
- **Name**: Marvell Technology, 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 developed by Backed Finance, a Swiss-based entity offering tokenised financial products. These instruments are structured to meet regulatory standards while leveraging blockchain capabilities.


MRVLx	SPL	SOL	XsuxRGDzbLjnJ72v74b7p9VY6N66uYgTCyfwwRjVCJA	2025-06-12
MRVLx	BEP20	BNB	0xeaad46f4146ded5a47b55aa7f6c48c191deaec88	2025-07-04
MRVLx	ERC20	ETH	0xeaad46f4146ded5a47b55aa7f6c48c191deaec88	2025-08-06