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xStocks

xStocks

Team: Admin
Category
RWA
Status
Live
Chain
Difficulty
Funding
$12.7 M
Rating
N/A
Tasks5
No ratings yet

Event Timeline

Backed Finance founded

2021

Completed

xStocks launch on Solana

May 2025

Completed

~60 tickers live, 24/7 trading

2025

Completed

xPoints programme running

2026

Live Now

Token announcement

Upcoming

About xStocks

xStocks are tokenised representations of real US equities — Apple, Tesla, Nvidia, Microsoft, the SPY ETF and around sixty others. Each token is backed 1:1 by the underlying share, held in regulated custody by Alpaca Securities LLC, a FINRA-regulated SIPC member, with supplemental Lloyd's of London coverage up to $175 million aggregate.

They are issued on Solana, Ethereum, TON and Ink rather than Solana alone, and are closely linked to Kraken. Proof of Reserves is published weekly on-chain and verified by third-party auditors, with quarterly ISAE 3000 assurance audits.

The xPoints programme launched in March 2026, tracking activity across supported venues and integrations. Crucially, it rewards on-chain ecosystem activity only — holding or trading xStocks on Kraken itself does not earn points.

Project Fundamentals

~60 Tokenised Tickers
1:1 Share Backed
$175M Lloyd's Cover
Weekly Proof of Reserves

How to get xStocks Airdrop

Step 1

Hold xStocks on-chain, not on Kraken

This is the single most important detail: holding or trading on Kraken earns nothing. Points come from on-chain ecosystem activity only, so the tokens need to be in a self-custody wallet.
Step 2

Provide liquidity to xStock pools

LP positions on supported venues earn at a higher rate than passive holding.
Step 3

Use lending markets

Supplying or borrowing against xStocks broadens your footprint beyond holding.
Step 4

Spread across supported chains

xStocks are issued on Solana, Ethereum, TON and Ink. Activity is tracked across supported venues and integrations.
Step 5

Complete quests

Targeted quests reward specific actions and are the cheapest points available.
Why This Airdrop Matters
  1. Tokenised equities are among the most credible RWA categories — the asset exists whether or not a token ever launches.
  2. Backed operates under Swiss regulatory oversight, which is rare in this space and materially lowers counterparty risk.
  3. xPoints follows the well-worn pattern of a points programme preceding a TGE.
  4. Dividends are passed through as USDC, so holding is not purely speculative.
Important Note
  • No token or airdrop has been announced. xPoints is inferred to be a precursor, not a commitment.
  • Kraken activity earns no points. The programme is on-chain only — a common and expensive misunderstanding.
  • These are securities exposure. Availability and tax treatment vary by jurisdiction.
  • Tokenised equity carries issuer and custody risk on top of normal market risk.

xStocks Community

Stay connected with the xStocks project community and get the latest updates:

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