Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are tokenised tracker certificates that reflect the price movements of traditional financial instruments like listed equities or exchange-traded products. Created for on-chain environments, they allow eligible users to engage with equity pricing via blockchain infrastructure while remaining within regulatory frameworks.

Question 2

What is Robinhood xStock (HOODx)?

Accepted Answer

HOODx is a tokenised tracker mirroring the share price of Robinhood Markets, Inc. It is issued on Solana and Ethereum blockchains and is designed to give blockchain users access to the value of publicly traded shares in a regulated manner.

Robinhood Markets, Inc. is a publicly listed financial technology company offering an online platform for commission-free trading of stocks, options, ETFs, and cryptocurrencies. Its services are aimed at retail investors seeking simplified access to financial markets.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219666  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: Robinhood Markets, Inc., 85 Willow Road, Menlo Park, CA 94025, USA  
- **LEI**: 213800FS5AO3YWIE6F63  
- **ISIN**: US7707001027  
- **Symbol**: HOOD  
- **Name**: Robinhood Markets, 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 issued by Backed Finance to offer blockchain-based representations of traditional financial assets. Their development focuses on providing regulated exposure to equities through decentralised systems.


HOODx	BEP20	BNB	0xe1385fdd5ffb10081cd52c56584f25efa9084015	2025-07-04
HOODx	ERC20	ETH	0xe1385fdd5ffb10081cd52c56584f25efa9084015	2025-08-06
HOODx	SPL	SOL	XsvNBAYkrDRNhA7wPHQfX3ZUXZyZLdnCQDfHZ56bzpg	2025-06-12