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 Vanguard xStock (VTIx)?

Accepted Answer

VTIx is a tokenised tracker certificate that mirrors the price of the Vanguard Total Stock Market Index Fund ETF. Issued as both Solana SPL and ERC-20 tokens, it is structured to provide on-chain access to the ETF, which tracks nearly all publicly traded U.S. companies.

The underlying fund provides exposure to the CRSP U.S. Total Market Index, including large-, mid-, small-, and micro-cap stocks across all sectors.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219732  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: Vanguard Total Stock Market Index Fund, c/o Vanguard Index Funds, 100 Vanguard Blvd., Malvern, PA 19355, USA  
- **ISIN**: US9229087690  
- **Symbol**: VTI  
- **Name**: Vanguard Total Stock Market ETF

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.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	VTI.XS-USDT VTIX_USDT	gateio	A	382.63USDT	2.18%	36.57VTI.XS	257	374.45USDT	383.57USDT
2	VTI.XS-USD VTIxUSD	kraken	AA	383.46USD	1.77%	3.54VTI.XS	18	376.79USD	383.48USD
3	VTI.XS-USDT vtix_usdt	xtpub	-	383.94USDT	1.69%	122.32VTI.XS	9,203	377.56USDT	384.06USDT