AMD Tokenised Stock (xStock) PriceAMDX

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

AMD Tokenised Stock (xStock) (AMDX) is a tokenized 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 operates primarily on the Solana platform, with an additional contract referenced on BNB Smart Chain (BEP20). The token is categorized under DeFi 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 tokenized 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: Solana; additional contract on BNB Smart Chain (BEP20)
• Category: DeFi
• 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
• Fully Diluted Valuation: 189.84M USD
• Market Cap: 4.732M USD
• Market Cap Rank: #1260
• 24h Trading Volume: $988.96k
• Volume / Market Cap (24hr): 20.90%
• Start Date: 2026-03-19
• 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. 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. Detailed public information about the specific development team behind the token infrastructure is currently limited. The product is positioned as part of the xStocks suite, a family of tokenized 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. 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. Its compliance with EU regulations adds a layer of regulatory clarity that is uncommon among tokenized equity products. 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 center 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 tokenized equity exposure alongside related instruments such as NVDAX-USD, AAPLX-USD, TSLAX-USD, and AMZNX-USD. Trading activity occurs across multiple active markets, and the token is tracked on major price platforms. Its utility is therefore centered 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 tokenized representations of several major U.S. equities. Related assets include Wrapped AMD Tokenized Stock (xStock) under the ticker wAMDx, as well as comparable products such as AMD (Ondo Tokenized Stock) with ticker AMDON, which provides non-U.S. investors on-chain exposure to AMD. The total market capitalization of tokenized AMD products stands at approximately $22.21M, indicating an emerging but growing segment. AMDX trades on multiple active markets and is tracked across a range of price platforms. The token's presence on both Solana and BNB Smart Chain reflects an ongoing effort to extend accessibility. As tokenized equity products gain traction, the xStocks family and its related instruments represent a developing infrastructure for bringing traditional financial exposure into decentralized ecosystems.

How to mine AMD Tokenised Stock (xStock)?

AMD Tokenised Stock (xStock) is not a mined cryptocurrency. It is a tokenized tracker certificate issued by Backed Assets (JE) Limited, meaning there is no proof-of-work mining process, no block reward, and no staking mechanism native to the token itself. The token is issued and transferred on the Solana platform and on BNB Smart Chain, and its supply is managed by the issuer rather than generated through network consensus. Investors obtain the token through supported trading venues rather than through mining. Because the instrument tracks the price of AMD stock, its value derives from the underlying equity's market performance, not from any mining or validator activity. There is no public information indicating a staking program or yield mechanism associated with AMDX.

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 tokenized equity products before committing funds.