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.


VTIx	SPL	SOL	XsssYEQjzxBCFgvYFFNuhJFBeHNdLWYeUSP8F45cDr9	2025-06-12
VTIx	BEP20	BNB	0xbd730e618bcd88c82ddee52e10275cf2f88a4777	2025-07-04
VTIx	ERC20	ETH	0xbd730e618bcd88c82ddee52e10275cf2f88a4777	2026-11-05