Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are tokenised tracker certificates issued on blockchain networks to reflect the value of traditional financial securities. They provide eligible participants with a regulated means to gain price exposure to equities or ETFs through blockchain infrastructure.

Question 2

What is Tesla xStock (TSLAx)?

Accepted Answer

TSLAx is a tokenised tracker certificate issued on the Solana blockchain that mirrors the price of Tesla, Inc. shares. It provides blockchain-based access to the equity performance of Tesla for users in compliant jurisdictions.

Tesla, Inc. is an American company engaged in the design, manufacture, and sale of electric vehicles and energy solutions.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited
- **ISIN**: CH1436219252
- **Network / Chain**: Solana (SOL)
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: Tesla, Inc., 1209 Orange Street, Wilmington, New Castle, Delaware 19801, USA
- **LEI**: 54930043XZGB27CTOV49
- **ISIN**: US88160R1014
- **Symbol**: TSLA
- **Name**: Tesla, 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, a firm based in Switzerland that specialises in tokenised financial instruments. The tokens aim to offer compliant access to traditional assets using blockchain technology.


TSLAx	SPL	SOL	XsDoVfqeBukxuZHWhdvWHBhgEHjGNst4MLodqsJHzoB	2025-06-12
TSLAx	BEP20	BNB	0x8ad3c73f833d3f9a523ab01476625f269aeb7cf0	2025-07-04
TSLAx	ERC20	ETH	0x8ad3c73f833d3f9a523ab01476625f269aeb7cf0	2025-08-06