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View ChartMedtronic tokenized stock (xStock) (MDTX) is a tracker certificate issued as Solana SPL and ERC-20 tokens that tracks the price of Medtronic plc shares. Medtronic plc is a global healthcare technology company that develops, manufactures, and sells device-based medical therapies and services, operating through four segments: Cardiovascular Portfolio, Medical Surgical Portfolio, Neuroscience Portfolio, and Diabetes. Each MDTX token is backed 1:1 by real Medtronic plc shares held by a regulated third-party custodian, providing eligible non-US investors indirect exposure to the stock's price movements. MDTX is part of the broader xStocks platform, which enables access to 63 US stocks and ETFs through centralized and decentralized exchanges. The token is designed to be composable with DeFi protocols, and the xStocks platform describes its products as EU-compliant. MDTX operates across multiple blockchain networks, including Solana, Ethereum, Arbitrum, and BNB Chain. The product is issued through Backed's tokenization infrastructure.
MDTX is issued as part of the xStocks platform, which was developed to provide tokenized exposure to US equities and ETFs. The xStocks project is associated with Backed, a tokenization infrastructure provider, and is distributed through platforms such as Kraken. MDTX is issued through Backed's tokenization infrastructure and distributed via platforms such as Kraken. The custody of underlying Medtronic shares is handled by third-party depositary institutions under a custody agreement to which Kraken is not a party. The project emphasizes regulatory compliance with EU regulations and positions itself as a bridge between traditional equity markets and blockchain-based finance.
MDTX functions as a tokenized representation of Medtronic plc shares. When a user purchases MDTX, the platform acquires and holds the corresponding amount of real Medtronic shares with a regulated third-party custodian. Each token is backed 1:1 by shares held by a third-party custodian, so its value is intended to track the underlying stock price; tracking may deviate and depends on the custodian and redemption process. MDTX tokens can be transferred, traded, or withdrawn to compatible on-chain wallets across supported networks including Solana, Ethereum, Arbitrum, and BNB Chain. The tokens are described as DeFi-compatible, meaning they can in principle be used with on-chain applications; no specific lending or liquidity integrations are confirmed in public materials. Tokenholders may also redeem their xStocks with Backed for an additional fee or sell them on supported exchanges. Trading is available 24/5, with weekend trading availability in development. It is important to note that holding MDTX does not convey shareholder rights, nor does it represent ownership of the underlying Medtronic stock.
MDTX offers several distinctive features that differentiate it from traditional equity investments. First, it provides 24/5 trading accessibility, allowing investors to trade outside of traditional market hours. Second, it is accessible to non-US users, and the xStocks platform describes its products as EU-compliant and available to non-US users; eligibility depends on the investor's jurisdiction. Third, it enables fractional ownership, with investments starting as low as $1 per xStock, lowering the barrier to entry for retail participants. Fourth, MDTX is composable with DeFi protocols, enabling integration into a wide range of decentralized financial applications. Fifth, xStocks can be purchased using crypto, stablecoins, or USD on eligible platforms; MDTx currently trades on a single active market, and is not listed on Binance or Bitget. Finally, the token provides indirect exposure to the price of the underlying stock, without ownership or shareholder rights, while being fully collateralized by traditional shares held in reserve by a regulated third-party custodian.
MDTX is primarily used to gain indirect exposure to the price movements of Medtronic plc stock without requiring direct ownership of traditional shares. It serves as a tool for portfolio diversification, allowing cryptocurrency investors to include traditional healthcare sector equities within their digital asset holdings. MDTX can be traded on supported exchanges, used as collateral or liquidity in DeFi protocols, or held as a long-term investment in Medtronic's performance. The token also facilitates cross-border investment, enabling eligible non-US investors to access US equity exposure through blockchain-based infrastructure. Only retail Kraken clients in certain countries are eligible to purchase xStocks like MDTx; it can also be bought through Coinbase via a DEX trade. Additionally, MDTX can be withdrawn to compatible on-chain wallets and transferred peer-to-peer, providing flexibility in custody and settlement.
The xStocks ecosystem, which includes MDTX, is expanding its reach through integrations with centralized and decentralized exchanges. The platform currently enables access to 63 US stocks and ETFs, with ongoing development aimed at increasing the number of supported assets and trading venues. MDTX is listed on multiple blockchain networks, including Solana, Ethereum, Arbitrum, and BNB Chain, reflecting a multi-chain strategy that enhances accessibility and interoperability. The project is also working on extending trading hours to include weekend availability. Underlying shares are held by third-party depositary institutions under a custody agreement to which Kraken is not a party. As the tokenized equity sector evolves, xStocks aims to bridge traditional finance and DeFi, offering regulatory-compliant products to a global audience.
MDTx is not mined. It is a tracker certificate issued as Solana SPL and ERC-20 tokens: tokens are minted when the issuer acquires and holds the corresponding Medtronic plc shares with a third-party custodian, and holders may redeem them with Backed for an additional fee. There is no proof-of-work, proof-of-stake, or staking reward associated with MDTX. Tokenholders can potentially earn returns through price appreciation of the underlying stock or by participating in DeFi protocols that accept MDTX as collateral or liquidity. However, these activities carry market risks and are not equivalent to mining or staking rewards.
Securing MDTX requires careful attention to wallet management and platform selection. Users should store their tokens in compatible on-chain wallets that support the networks where MDTX operates, such as Solana, Ethereum, Arbitrum, or BNB Chain. Hardware wallets provide an additional layer of security by keeping private keys offline. When using centralized exchanges or custodial services, investors should enable two-factor authentication and use strong, unique passwords. It is important to verify contract addresses before interacting with any token, as fraudulent tokens may exist. Users should also be aware that MDTX is not available in the USA and that geographic restrictions apply. Holding tokenized equities does not convey shareholder rights. As with all cryptocurrency investments, thorough research and risk management are essential.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for MDTX are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Medtronic tokenized stock (xStock) (MDTX) is C$132.56. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MDTX to USD rate at the top of BTCC’s price page. In terms of market scope, Medtronic tokenized stock (xStock) records a 24h trading volume of C$81.74 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$115.94K. Its current circulating supply stands at 874.65 out of a maximum supply cap of ∞.
The price volatility of Medtronic tokenized stock (xStock) (MDTX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (874.65) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Medtronic tokenized stock (xStock) (MDTX) hit an all-time high (ATH) of C$154.73 on 2026-02-09 01:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$103.45 on 2026-06-02 16:05. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading MDTX futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$81.74), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s MDTXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Medtronic tokenized stock (xStock), simply log into your BTCC account with USDT margin available, navigate to the MDTXUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for MDTXUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$132.56), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for MDTXUSDT with zero financial risk.
Trading Medtronic tokenized stock (xStock) (MDTX) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for MDTXUSDT, and review its live price (C$132.56) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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