TQQQx is a tokenised tracker for ProShares UltraPro QQQ, issued on Solana. It enables on-chain access to a leveraged ETF that targets triple the daily performance of the Nasdaq-100 Index.
xStocks are tokenised tracker certificates that mirror the price of traditional equities or ETFs. These tokens allow eligible users to gain regulated, blockchain-based exposure to underlying asset prices without holding the securities directly.
TQQQx is a tokenised tracker certificate that replicates the price of the ProShares UltraPro QQQ ETF. Issued on the Solana network, it offers blockchain-native exposure to the performance of this leveraged exchange-traded fund.
The ProShares UltraPro QQQ is structured to deliver three times the daily performance of the Nasdaq-100 Index. It is designed for short-term use and is subject to significant volatility due to daily resets.
Issuer: Backed Assets (JE) Limited
ISIN: CH1436219757
Network / Chain: Solana (SOL)
Smart Contracts: Solana
Issuer: ProShares Trust, 7272 Wisconsin Avenue, Suite 1000, Bethesda, MD 20814, USA
ISIN: US74347X8314
Symbol: TQQQ
Name: ProShares UltraPro QQQ
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
xStocks are issued by Backed Finance. The platform enables tokenised access to real-world assets by creating tracker certificates that are compatible with blockchain networks, offering a bridge between traditional financial instruments and decentralised finance.