Question 1

What are xStocks and what are they used for?

Accepted Answer

xStocks are digital tokens that represent fractional ownership of specific U.S.-listed stocks or exchange-traded funds (ETFs). Each token corresponds 1:1 to an underlying asset, which is held in custody by Backed Finance. Issued on the Solana blockchain, xStocks allow for transfer and trading of these representations on-chain. They are used for purposes such as trading on supported exchanges, portfolio diversification, and participation in certain decentralised finance (DeFi) applications.

Question 2

What is Abbott xStock (ABTx)?

Accepted Answer

Abbott xStock (ABTx) is a tokenised tracker certificate designed to reflect the price of Abbott Laboratories stock (NYSE: ABT). It is issued on the Solana blockchain. The product enables eligible participants to gain on-chain exposure to Abbott Laboratories through a regulatory-compliant structure.

The underlying asset is issued by Abbott Laboratories, a U.S.-based healthcare company active in diagnostics, medical devices, nutrition, and branded generic pharmaceuticals.

Question 3

Token Details

Accepted Answer

- **Issuer**: Backed Assets (JE) Limited  
- **ISIN**: CH1436219518  
- **Network / Chain**: Solana (SOL)  
- **Smart Contracts**: Solana

Question 4

Underlying Asset Information

Accepted Answer

- **Issuer**: Abbott Laboratories, 100 Abbott Park Road, Abbott Park, IL 60064, USA  
- **LEI**: HQD377W2YR662HK5JX27  
- **ISIN**: US0028241000  
- **Symbol**: ABT  
- **Name**: Abbott Laboratories

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 Swiss-based company focused on tokenising traditional financial assets. Access to these tokens is restricted to non-U.S. persons in accordance with applicable regulations.


ABTx	BEP20	BNB	0x89233399708c18ac6887f90a2b4cd8ba5fedd06e	2025-07-04
ABTx	ERC20	ETH	0x89233399708c18ac6887f90a2b4cd8ba5fedd06e	2025-08-06
ABTx	SPL	SOL	XsHtf5RpxsQ7jeJ9ivNewouZKJHbPxhPoEy6yYvULr7	2025-06-12