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 allow eligible participants to gain exposure to equities or ETFs through a token format on public blockchains.

Question 2

What is McDonald's xStock (MCDx)?

Accepted Answer

MCDx is a tokenised tracker certificate issued on the Solana blockchain. It reflects the price of McDonald's Corporation shares, providing eligible market participants with token-based exposure to the performance of the underlying equity.

McDonald's Corporation is a global foodservice retailer that owns, operates, and franchises a large network of restaurants across numerous countries. It offers a locally adapted menu of food and beverages, focusing on consistency across its company-owned and franchised outlets.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219534  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: McDonald’s Corporation, 110 N. Carpenter St, Chicago, IL 60607, USA  
- **LEI**: 6ZY54WVKHCXN8D5ZP132  
- **ISIN**: US5801351017  
- **Symbol**: MCD  
- **Name**: McDonald's 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 developed by Backed Finance, a Swiss-based firm offering tokenised securities designed for compliant integration into blockchain environments.


MCDx	BEP20	BNB	0x80a77a372c1e12accda84299492f404902e2da67	2025-07-04
MCDx	ERC20	ETH	0x80a77a372c1e12accda84299492f404902e2da67	2025-08-06
MCDx	SPL	SOL	XsqE9cRRpzxcGKDXj1BJ7Xmg4GRhZoyY1KpmGSxAWT2	2025-06-12