Assets · Structured note · issued by Backed Finance
Nasdaq xStock (QQQx)
xStocks token tracking The Invesco QQQ Trust (underlying ISIN US46090E1038). RWA.xyz showed about $28.2m outstanding on 2026-10-12, which puts it among the group's largest tokens.
Asset sources[1][2][3][4][5] · ERC-20[3] · Token-2022[3] · ISIN CH1436219724
Issued through xStocks tokenised equities (Backed, Kraken) Live (scaled)
Classification · medium confidence
- Legal form
- Structured note from issuance terms
- Underlying
- Listed equities
- Value behaviour
- Market price · pays income
- Ledger role
- Native
Tracks a US-listed equity ETF; dividends reinvested net of tax. ISIN not in FIRDS or OpenFIGI, so no CFI.
Sourced[3]. How assets are classified: methodology.
Contracts
Addresses as published by the issuer. Check them on the explorer before relying on them. Supply per network comes from the issuing deployment's on-chain figures.
| Network | Address | Standard | Supply here | Source |
|---|---|---|---|---|
| Solana | Xs8S1uUs…WAmWHZ ↗ | — | ~$413.7m | [2] |
| Ethereum | 0xa753a7…f250af ↗ | — | ~$160.4m | [2] |
| Ink | 0xa753a7…f250af ↗ | — | ~$23.6m | [2] |
| Mantle | 0xa753a7…f250af ↗ | — | ~$4.57m | [2] |
| Arbitrum | 0xa753a7…f250af ↗ | — | ~$2.3m | [2] |
| BNB Chain | 0xa753a7…f250af ↗ | — | ~$1.28m | [2] |
| TON | EQCe6utw…YSEm7x ↗ | — | — | [2] |
| X Layer | 0xa753a7…f250af ↗ | — | — | [2] |
| Optimism | 0xa753a7…f250af ↗ | — | — | [2] |
| Monad | 0xa753a7…f250af ↗ | — | — | [2] |
Sources
- [1]QQQx asset dashboard — RWA.xyz. Accessed 13 Oct 2026. On-chain supply and value; issuer, ISIN and custody fields are RWA.xyz metadata..A
- [2]xStocks products — Backed (xStocks). Accessed 13 Oct 2026. Issuer's product list (1,165 tokens) with contract addresses per chain, read from the page data..B
- [3]Frequently Asked Questions | xStocks Docs — Backed (xStocks docs). Accessed 13 Oct 2026.B
- [4]Tesla xStock - Backed Assets — Backed Assets. Accessed 13 Oct 2026. Product page lists the issuer, ISIN, tokenizer, brokers, custodians and security agent; the same service providers are taken to apply across the range..B
- [5]Kraken acquires Backed after xStocks tokenized securities volumes hit $10 billion — Ledger Insights, 2 Dec 2025. Accessed 11 Oct 2026.C