xStocks · claim check
This recorded statement has a public source trail and 3 reviewed dependency relationships. Those records do not independently prove current backing, custody, holder rights, or executable redemption.
Bathymark records this wording as review context. The source named beside it is provenance, not proof that the wording is a direct quote or that the statement remains current.
These fields were recorded at the 2026-06-30 UTC review. They are not current observations unless a newer dated source or chain receipt below supports them.
These are Bathymark review notes, not issuer quotations. Each still requires the linked source and cannot serve as a live reserve, custody, or redemption receipt.
Backed presents each xStock as 1:1 collateralized by the corresponding underlying stock or ETF held with a regulated custodian; the token tracks price, not direct share ownership.
Issuance and redemption run through Backed's permissioned flow with documented geographic restrictions; secondary trading is open on venues such as Kraken and on-chain.
A regulated custodian holds the underlying per the issuer; requires current Backed disclosure review.
A mapped relationship states only what its source supports. It does not prove solvency, signer independence, or safe implementation logic.
Backed presents each xStock as 1:1 collateralized by the corresponding underlying stock or ETF held with a regulated custodian; the token tracks price, not direct share ownership.
xStocks is listed in the product record on Ethereum.
xStocks is listed in the product record on Solana.
This source was linked during the Bathymark product review. It is provenance for the recorded statement, not a direct quotation receipt unless the source itself says so.
A linked statement source does not independently prove current reserves, custody, solvency, holder eligibility, or executable redemption.Reviewed 2026-06-30 UTCThis source was linked during the Bathymark product review. It is provenance for the recorded statement, not a direct quotation receipt unless the source itself says so.
A linked statement source does not independently prove current reserves, custody, solvency, holder eligibility, or executable redemption.Reviewed 2026-06-30 UTC