Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are tokenised tracker certificates that follow the price of listed equities or exchange-traded products. Issued on blockchains like Solana, xStocks offer a blockchain-based method for gaining exposure to regulated financial assets. They are designed for eligible users seeking to interact with traditional asset prices through decentralised infrastructure.

Question 2

What is PepsiCo xStock (PEPx)?

Accepted Answer

PEPx is a blockchain-based tracker certificate that reflects the price of PepsiCo, Inc. shares. It is issued as both Solana SPL and ERC-20 tokens, linking the token’s value to the equity's market performance. PEPx allows users to interact with the price of PepsiCo's stock within a blockchain environment.

PepsiCo is a global food and beverage corporation with a broad portfolio of over 500 consumer brands. Its operations span more than 200 countries, encompassing products in snacks, beverages, and food. Some of its flagship brands include Pepsi, Lay's, Doritos, Gatorade, and Quaker.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219401  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: PepsiCo, Inc., 700 Anderson Hill Road, Purchase, NY 10577, USA  
- **LEI**: FJSUNZKFNQ5YPJ5OT455  
- **ISIN**: US7134481081  
- **Symbol**: PEP  
- **Name**: PepsiCo, 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 and issued by Backed Finance to provide tokenised exposure to traditional securities through blockchain-based formats. The instruments are built to function under a compliant, regulated structure while using public chains for settlement and custody.


PEPx	BEP20	BNB	0x36c424a6ec0e264b1616102ad63ed2ad7857413e	2025-07-04
PEPx	SPL	SOL	Xsv99frTRUeornyvCfvhnDesQDWuvns1M852Pez91vF	2025-06-12
PEPx	ERC20	ETH	0x36c424a6ec0e264b1616102ad63ed2ad7857413e	2025-08-06