Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are tokenised tracker certificates that replicate the price of publicly traded equities or exchange-traded funds. They enable eligible participants to gain regulated, blockchain-based access to traditional financial assets without holding the underlying securities.

Question 2

What is Procter & Gamble xStock (PGx)?

Accepted Answer

PGx is a tokenised tracker certificate that mirrors the price of The Procter & Gamble Company shares. Issued as Solana SPL and ERC-20 tokens, PGx enables blockchain-based access to the equity performance of Procter & Gamble, a global consumer goods company with operations in sectors including beauty, grooming, healthcare, and household products.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219344  
- **Network / Chain**: Solana (SPL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: The Procter & Gamble Company, 1 Procter & Gamble Plaza, Cincinnati, OH 45202, USA  
- **LEI**: 2572IBTT8CCZW6AU4141  
- **ISIN**: US7427181091  
- **Symbol**: PG  
- **Name**: The Procter & Gamble Company

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 created by Backed Finance. These blockchain-compatible tracker certificates enable access to traditional assets within decentralised environments, complying with regulatory structures.


PGx	SPL	SOL	XsYdjDjNUygZ7yGKfQaB6TxLh2gC6RRjzLtLAGJrhzV	2025-06-12
PGx	BEP20	BNB	0xa90424d5d3e770e8644103ab503ed775dd1318fd	2025-07-04
PGx	ERC20	ETH	0xa90424d5d3e770e8644103ab503ed775dd1318fd	2025-08-06