Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are tokenised tracker certificates that enable blockchain-based exposure to traditional financial assets. Issued on public blockchains, they offer eligible participants a way to interact with equities and ETFs in token form, while preserving the regulatory frameworks of conventional finance.

Question 2

What is Microsoft xStock (MSFTx)?

Accepted Answer

MSFTx is a tokenised tracker certificate deployed on the Solana blockchain. It tracks the price of Microsoft Corporation shares, allowing qualified investors to access the equity's price performance in a token format.

Microsoft Corporation is a global technology firm engaged in the development, licensing, and support of software, services, devices, and solutions. It is known for its operating systems, productivity software, cloud computing infrastructure, and digital services.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219203  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: Microsoft Corporation, One Microsoft Way, Redmond, WA 98052, USA  
- **LEI**: INR2EJN1ERAN0W5ZP974  
- **ISIN**: US5949181045  
- **Symbol**: MSFT  
- **Name**: Microsoft 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 to facilitate blockchain-native access to traditional assets like equities and ETFs through tokenised certificates.