Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are tokenised tracker certificates that replicate the price of equities or exchange-traded funds. They allow eligible participants to gain regulated access to these assets through blockchain infrastructure, without directly owning the securities.

Question 2

What is UnitedHealth xStock (UNHx)?

Accepted Answer

UNHx is a tokenised tracker certificate that mirrors the price of UnitedHealth Group Incorporated. Issued as both Solana SPL and ERC-20 tokens, it is structured to provide on-chain access to the stock price of the underlying company.

UnitedHealth Group operates in healthcare through two divisions: UnitedHealthcare, which provides health insurance services, and Optum, which uses data and technology to support healthcare delivery and management.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219278  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: UnitedHealth Group Incorporated, 9900 Bren Road East, Minnetonka, MN 55343, USA  
- **ISIN**: US91324P1021  
- **Symbol**: UNH  
- **Name**: UnitedHealth Group Incorporated

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 by Backed Finance. They provide tokenised access to traditional financial assets through blockchain-compatible certificates, enabling compliance-ready exposure within decentralised ecosystems.


UNHx	BEP20	BNB	0x167a6375da1efc4a5be0f470e73ecefd66245048	2025-07-04
UNHx	ERC20	ETH	0x167a6375da1efc4a5be0f470e73ecefd66245048	2025-08-06
UNHx	SPL	SOL	XszvaiXGPwvk2nwb3o9C1CX4K6zH8sez11E6uyup6fe	2025-06-12