Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are tokenised tracker certificates that represent exposure to the price of publicly listed equities or funds. Issued on blockchain networks such as Solana, xStocks are intended to provide eligible market participants with blockchain-based access to traditional asset prices under a regulatory-compliant framework.

Question 2

What is Oracle xStock (ORCLx)?

Accepted Answer

ORCLx is a blockchain-based tracker certificate that reflects the price of Oracle Corporation shares. Issued as Solana SPL and ERC-20 tokens, ORCLx enables participants to gain exposure to the performance of Oracle Corporation without holding the underlying asset.

Oracle Corporation is a multinational enterprise technology provider known for its database software and enterprise applications. It delivers products and services across cloud infrastructure, including enterprise resource planning (ERP), customer relationship management (CRM), and human capital management (HCM) platforms.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219450  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: Oracle Corporation, 500 Oracle Parkway, Redwood Shores, CA 94065, USA  
- **LEI**: 1Z4GXXU7ZHVWFCD8TV52  
- **ISIN**: US68389X1054  
- **Symbol**: ORCL  
- **Name**: Oracle 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 issued by Backed Finance. The tokens are structured to bridge regulated financial products and blockchain ecosystems, offering tokenised access to traditional asset classes.