AMD Tokenised Stock (xStock) PriceAMDX

What is AMD Tokenised Stock (xStock) (AMDX)?

AMD Tokenised Stock (xStock) (AMDX) is a tokenised tracker certificate issued as a freely transferable digital token on selected blockchains. It is designed to track the price of Advanced Micro Devices, Inc. (AMD), the publicly traded semiconductor company listed on NASDAQ under the ticker AMD. The product gives eligible investors regulatory-compliant access to the stock price of AMD through a blockchain-based instrument. AMDx is issued by Backed Assets (JE) Limited and is available on Ethereum (ERC20), Solana (SPL) and BNB Smart Chain (BEP20). The token is categorised under DeFi; Tokenized Assets; Tokenized Stock; Real World Assets, and is described as composable with DeFi protocols while remaining compliant with EU regulations. Its total supply stands at approximately 348,854.57 tokens, while the circulating supply is approximately 8,644.22 tokens. The token does not have a fixed maximum supply. AMDX represents a maturing segment of the market in which traditional equity exposure is delivered through tokenised structures, and it forms part of the broader xStocks family that includes related tickers such as NVDAX-USD, AAPLX-USD, TSLAX-USD, and AMZNX-USD.

Key Specifications & Tokenomics

• Name: AMD Tokenised Stock (xStock)
• Ticker / Symbol: AMDX
• Blockchain / Platform: Ethereum (ERC20); Solana (SPL); BNB Smart Chain (BEP20)
• Category: DeFi; Tokenized Assets; Tokenized Stock; Real World Assets
• Issuer: Backed Assets (JE) Limited
• Underlying Equity: Advanced Micro Devices, Inc. (AMD), listed on NASDAQ
• Total Supply: 348,854.57305627
• Circulating Supply: 8,644.2153998
• Max Supply: Not fixed
• Contract Addresses: Ethereum (ERC20) & BNB Smart Chain (BEP20): 0x3522513e5f146a2006e2901b05f16b2821485e19; Solana (SPL): XsXcJ6GZ9kVnjqGsjBnktRcuwMBmvKWh8S93RefZ1rF
• Issuer ISIN: CH1473121254
• Underlying Asset ISIN: US0079031078
• Launch Date: 2025-10-07 (Solana); 2025-09-22 (Ethereum / BNB Smart Chain)
• Official Website: https://assets.backed.fi/products/amd-xstock
• Explorers: solscan.io
• Community: X (Twitter)

Who created AMD Tokenised Stock (xStock)?

AMD Tokenised Stock (xStock) is issued by Backed Assets (JE) Limited, the entity responsible for bringing the tracker certificate to market. Backed Assets (JE) Limited is a subsidiary of Backed Finance AG, which acts as tokenizer. Brokers and custodians are Alpaca Securities LLC, InCore Bank AG and Maerki Baumann & Co. AG, with Security Agent Services AG as security agent. The underlying equity referenced by the token is Advanced Micro Devices, Inc., whose corporate leadership includes Dr. Lisa T. Su as Chair of the Board and Nora Denzel as Lead Director. The issuance and servicing infrastructure is provided by Backed Finance AG (tokenizer) together with Alpaca Securities LLC, InCore Bank AG and Maerki Baumann & Co. AG as brokers and custodians, and Security Agent Services AG as security agent. The product is positioned as part of the xStocks suite, a family of tokenised equity instruments issued under the same framework, and its issuance follows the compliance and structuring standards applied across that product line.

How does AMD Tokenised Stock (xStock) work?

AMD Tokenised Stock (xStock) functions as a tracker certificate issued as a freely transferable token on selected blockchains. The token is designed to track the price of Advanced Micro Devices, Inc., providing economic exposure to the underlying U.S. equity without requiring direct ownership of the shares themselves. Each AMDX token is fully backed 1:1 by the underlying AMD shares held in custody, so the token supply expands or contracts with the shares held. Because it is issued on the Solana platform, the token benefits from that network's throughput and low transaction costs, and it can be composed with DeFi protocols. A contract is also referenced on BNB Smart Chain (BEP20), extending accessibility across multiple chains. The tracker certificate structure means the token's value is linked to the performance of AMD stock, and eligible investors gain regulatory-compliant access to that price exposure. The instrument is compliant with EU regulations and is subject to geographic restrictions that prohibit access for U.S. citizens, U.S. residents, and anyone otherwise taxable in the United States.

What makes AMD Tokenised Stock (xStock) unique and valuable?

AMD Tokenised Stock (xStock) occupies a distinctive position because it bridges traditional equity markets and blockchain-based finance. Rather than requiring investors to navigate conventional brokerage infrastructure to gain exposure to AMD, the token delivers that exposure through a transferable digital instrument that is composable with DeFi protocols. The instrument is described as compliant with EU regulations and is subject to geographic restrictions that prohibit access for U.S. citizens, U.S. residents, and anyone otherwise taxable in the United States. The token's presence on Solana provides fast settlement and low-cost transfers, while the additional BEP20 contract broadens its reach across ecosystems. The underlying equity itself is a major semiconductor company, giving the token exposure to a sector that is central to computing, artificial intelligence, and data centre growth. For eligible non-U.S. investors, AMDX offers a way to access the price of a widely followed U.S. stock within a blockchain-native format.

What is AMD Tokenised Stock (xStock) used for?

The primary use of AMD Tokenised Stock (xStock) is to provide economic exposure to the price of Advanced Micro Devices, Inc. for eligible investors. Because it is a freely transferable token, it can be moved between wallets and used within DeFi protocols that support it, enabling composability that traditional equity holdings do not offer. The token allows investors outside the United States to gain regulatory-compliant access to AMD's stock price without holding the underlying shares directly. It also serves as a portfolio component for those seeking tokenised equity exposure alongside related instruments such as NVDAX-USD, AAPLX-USD, TSLAX-USD, and AMZNX-USD. AMDx is listed on a small number of venues, with OKX and Kraken accounting for most recorded volume. Its utility is therefore centred on price tracking, transferability, and integration into blockchain-based financial applications.

How Is the AMD Tokenised Stock (xStock) ecosystem developing?

The ecosystem around AMD Tokenised Stock (xStock) is developing as part of the broader xStocks initiative, which includes tokenised representations of several major U.S. equities. Related assets include Wrapped AMD Tokenized Stock (xStock) under the ticker wAMDx. AMD Tokenized Stock (Ondo) (AMDon) and AMD (Ondo Tokenized Stock) (AMDON) are separate products issued by Ondo, not by Backed Assets, and should not be confused with AMDX. Tokenised AMD products remain a small but developing segment of the tokenised-equity market. AMDx trades on a limited number of venues (5 valid markets across 4 active exchanges as recorded by CryptoSlate), and low activity can make the displayed price sensitive to a handful of trades. The token's presence on both Solana and BNB Smart Chain reflects an ongoing effort to extend accessibility. As tokenised equity products gain traction, the xStocks family and its related instruments represent a developing infrastructure for bringing traditional financial exposure into decentralised ecosystems.

Is AMD Tokenised Stock (xStock) mined or staked?

AMDX is not mined and has no native staking or yield mechanism. It is a tokenised tracker certificate issued by Backed Assets (JE) Limited; supply is managed by the issuer and expands or contracts with the AMD shares held in custody, rather than being generated through network consensus. Investors obtain the token through supported trading venues.

How to keep your AMD Tokenised Stock (xStock) safe?

Keeping AMD Tokenised Stock (xStock) safe begins with using a reputable self-custody wallet that supports Solana and, if applicable, BNB Smart Chain. Because the token is freely transferable, holders should verify contract addresses carefully before interacting with any token, and they should be cautious of unsolicited tokens or links. Storing the majority of holdings in a hardware wallet reduces exposure to online threats, while any hot wallet used for active trading should be protected with strong, unique credentials and two-factor authentication where available. Investors should also be aware that AMDX is subject to geographic restrictions and is prohibited for U.S. citizens, U.S. residents, and anyone otherwise taxable in the United States, so eligibility should be confirmed before acquiring the token. As with any crypto asset, the market is highly volatile, and holders should understand the risks associated with tokenised equity products before committing funds.