Schwab International Equity Tokenised ETF (xStock) PriceSCHFX

What is Schwab International Equity Tokenised ETF (xStock) (SCHFX)?

Schwab International Equity Tokenised ETF (xStock) (SCHFX) is a tokenized tracker certificate that delivers blockchain-based exposure to the Schwab International Equity ETF (SCHF). Issued by Backed Assets under the xStocks platform, the product bridges traditional equity markets and decentralized finance by representing an interest in a regulated ETF as an on-chain token. The underlying Schwab International Equity ETF seeks to track, before fees and expenses, the total return of the FTSE Developed ex US Index, giving holders exposure to large-cap international equities outside the United States. The token is deployed across multiple blockchain networks, including Solana, Ethereum, HyperEVM, Ink, Arbitrum, Mantle, BNB Chain, and Optimism, with a total supply reported at approximately 3.44 million tokens. The product launched with an inception date of 06/01/2025 and is designed for non-U.S. professional investors.

Key Specifications & Tokenomics

• Name: Schwab International Equity Tokenised ETF (xStock)
• Ticker / Symbol: SCHFX
• Issuer: Backed Assets
• Platform: xStocks
• Asset Manager: State Street Investment Management
• Underlying Security: Schwab International Equity ETF (SCHF)
• Asset Class: Stocks
• Tokenization Type: Distributed Tokenization Sponsorship Third-Party
• ISIN: CH1500008466
• Domicile: Jersey, Channel Islands
• Inception Date: 06/01/2025
• Use Of Income: Accumulates
• Custodian: Alpaca Securities LLC
• Auditor: Grant Thornton (Cayman)
• Paying Agent: Maerki Baumann & Co. AG
• Eligible Investors: Non-U.S. Professional Investor
• Base Assets: USD
• Min. Investment: 5,000 USD
• Subscription Fees: 0.50%
• Redemption Fees: 0.50%
• Management Fees: 0%
• Performance Fees: 0%
• Total Supply: 3.44M
• Blockchain Networks: Solana, Ethereum, HyperEVM, Ink, Arbitrum, Mantle, BNB Chain, Optimism
• Wrapped Variant: Wrapped Schwab International Equity Tokenized ETF (xStock), ticker wSCHFx

Who created Schwab International Equity Tokenised ETF (xStock)?

The token is issued by Backed Assets, a firm specializing in tokenized securities, under the xStocks platform. The underlying Schwab International Equity ETF is managed by State Street Investment Management, while Charles Schwab serves as the sponsor of the original ETF. The custody of underlying securities is handled by Alpaca Securities LLC, and Grant Thornton (Cayman) acts as auditor. Maerki Baumann & Co. AG serves as paying agent. Detailed public information about the individual founders or development team behind the tokenization platform is currently limited.

How does Schwab International Equity Tokenised ETF (xStock) work?

SCHFX operates as a tokenized tracker certificate. The issuer holds the underlying Schwab International Equity ETF (SCHF) through a custodian, and corresponding tokens are issued on-chain to represent exposure to that ETF. The Schwab International Equity ETF itself seeks to track the total return of the FTSE Developed ex US Index before fees and expenses, providing access to large-cap international equities. The tokenization type is Distributed Tokenization Sponsorship Third-Party, meaning a third party sponsors the distribution of tokenized assets. Subscription and redemption are processed daily, with a minimum investment of 5,000 USD and fees of 0.50% on both subscription and redemption, subject to a minimum of USD 100 per transaction. The tokens are deployed natively across multiple blockchains, allowing holders to access them on their preferred network.

What makes Schwab International Equity Tokenised ETF (xStock) unique and valuable?

SCHFX combines the accessibility of blockchain technology with exposure to a low-cost, diversified international equity ETF. The underlying Schwab International Equity ETF is described as a straightforward, low-cost fund offering potential tax-efficiency, suitable as part of the core of a diversified portfolio, and providing simple access to large-cap international equities. With a net expense ratio of 0.03% on the underlying ETF and zero management and performance fees on the tokenized product, SCHFX offers a cost-efficient route to international equity exposure. Its multi-chain deployment across eight networks enhances accessibility and flexibility for holders operating in different blockchain ecosystems. The product is designed specifically for non-U.S. professional investors, filling a niche for those seeking tokenized traditional asset exposure.

What is Schwab International Equity Tokenised ETF (xStock) used for?

SCHFX is used to gain blockchain-based exposure to the Schwab International Equity ETF, which tracks the FTSE Developed ex US Index. This allows eligible investors to hold a token representing international equity exposure within their crypto wallets and across multiple blockchain networks. The token can be traded on supported centralized exchanges, used for portfolio diversification, or integrated into on-chain financial applications that support tokenized assets. It serves as a bridge between traditional equity markets and decentralized finance, enabling non-U.S. professional investors to access international equities through tokenized instruments. The accumulated income structure means returns are reinvested rather than distributed.

How Is the Schwab International Equity Tokenised ETF (xStock) ecosystem developing?

The SCHFX ecosystem is supported by the xStocks platform and a network of service providers including Backed Assets as issuer, State Street Investment Management as asset manager, Alpaca Securities as custodian and traditional broker, Grant Thornton (Cayman) as auditor, and Maerki Baumann & Co. AG as paying agent. The token is deployed across Solana, Ethereum, HyperEVM, Ink, Arbitrum, Mantle, BNB Chain, and Optimism, with token supplies ranging from approximately 105,000 on Optimism to 415,000 on Solana. A wrapped variant, wSCHFx, also exists. Trading activity has been observed on centralized exchanges, and the token is listed on various price-tracking platforms. The underlying Schwab International Equity ETF holds net assets of approximately 69.68 billion USD, reflecting significant scale in the traditional market.

How to mine Schwab International Equity Tokenised ETF (xStock)?

SCHFX is not a mineable cryptocurrency. It is a tokenized tracker certificate representing exposure to an underlying equity ETF, and as such, there is no mining or proof-of-work mechanism associated with it. Tokens are issued by the issuer based on subscription and redemption activity rather than through computational mining. There is no staking mechanism described for this asset. Holders gain exposure by acquiring tokens through supported trading venues or through the issuer's subscription process, which requires a minimum investment of 5,000 USD and is subject to a 0.50% subscription fee.

How to keep your Schwab International Equity Tokenised ETF (xStock) safe?

Since SCHFX is a multi-chain token, storing it safely requires attention to the specific blockchain network on which it is held. Use reputable self-custody wallets that support the relevant networks, such as Solana, Ethereum, or others where the token is deployed. Always verify token contract addresses before interacting with them, especially for the wrapped variant wSCHFx. For larger holdings, consider hardware wallets that support the relevant blockchain networks. Because the asset is designed for non-U.S. professional investors and is not registered under U.S. securities laws, ensure you are eligible to hold it. Keep private keys and seed phrases secure and offline, and be cautious of phishing attempts targeting tokenized asset holders. Regularly review the issuer's official channels for any updates regarding custody or contract changes.