Gamestop tokenized stock (xStock) PriceGMEX

What is Gamestop tokenized stock (xStock) (GMEX)?

Gamestop tokenized stock (xStock) (GMEX) is a tracker certificate issued by Backed Assets (JE) Limited and deployed as an SPL token on the Solana blockchain. It is part of the xStocks product line by Backed Finance, designed to give eligible cryptocurrency market participants regulatory-compliant access to the stock price of GameStop Corp. Each GMEX token tracks the market price of GameStop Corp. (GME) common stock, with every token backed 1:1 by one underlying GameStop Corp. Class A share held as collateral. The token trades continuously on Solana decentralized exchanges with no broker, no market-hours restriction, and no minimum lot size. Holding GMEX provides price exposure to GameStop but does not convey shareholder voting rights or direct ownership of the underlying shares. The product forms part of the broader tokenized equities and Real World Assets narrative, positioning itself as a direct response to the structural friction in retail market access that defined the 2021 GameStop episode. xStocks describes GMEX as "The ticker that launched a thousand memes, tokenized."

Key Specifications & Tokenomics

• Name: Gamestop tokenized stock (xStock)
• Ticker / Symbol: GMEX
• Also referred to as: GMEX Coin; GameStop Corp. xStock; Gamestop xStock; GameStop $GMEx
• Blockchain: Solana
• Token standard: SPL token
• Contract address (Solana): Xsf9mBktVB9BSU5kf4nHxPq5hCBJ2j2ui3ecFGxPRGc
• Issuer: Backed Assets (JE) Limited
• Underlying asset: GameStop Corp. (GME) common stock, ISIN US36467W1099
• Collateral backing: 1:1 backed by real GameStop Corp. Class A shares
• Custodians: Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG, GTN Europe Financial Services Limited
• Oracle / data provider: Chainlink
• Wrapped variant: wrapped-gamestop-tokenized-stock-xstock (wgmex)
• Category: Tokenized equity / Real World Asset (RWA)
• Max Supply: Not specified
• Management fee: None at launch; up to 0.25% annually may be introduced
• Entry/exit fee: Up to 0.50%
• Listing date on Solana: September 12, 2026

Who created Gamestop tokenized stock (xStock)?

GMEX is issued by Backed Assets (JE) Limited as part of the xStocks product line by Backed Finance. The xStocks platform launched in June 2025 with roughly 60 securities available at launch. The shares backing GMEX are held by four custodians: Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG, and GTN Europe Financial Services Limited. Chainlink provides price feeds and corporate action data for the xStocks product line. Detailed public information about individual team members or founders beyond the issuing entity and custodian arrangements is currently limited.

How does Gamestop tokenized stock (xStock) work?

GMEX operates as a tracker certificate deployed on Solana using the SPL token standard, implemented with Solana Token Extensions that include pausable configurations, permanent delegate authority, and transfer hooks. These extensions allow Backed to pause transfers for restricted persons while the token continues to function as a standard DEX-tradeable asset under normal conditions. Each token is backed 1:1 by one GameStop Corp. Class A share held as collateral by the designated custodians. Chainlink supplies price feeds and corporate action data to keep the token aligned with the underlying stock. Trades settle immediately on-chain, with no clearinghouse delay and no forced settlement window tied to US market hours. For eligible traders outside restricted jurisdictions, GMEX offers fractional exposure from as little as $1, subject to the standard Solana transaction fee and any applicable DEX swap fee.

What makes Gamestop tokenized stock (xStock) unique and valuable?

GMEX provides 24/7 on-chain trading of GameStop stock exposure without a broker, without market-hours restrictions, and without minimum lot sizes. The token is backed 1:1 by real GameStop Corp. Class A shares held with regulated custodians, and it uses Chainlink price feeds and corporate action data to maintain alignment with the underlying equity. Its compliance architecture, built on Solana Token Extensions, allows the issuer to pause transfers for restricted persons while preserving normal DEX tradability. The product is part of the tokenized equities and RWA narrative, offering a direct answer to the structural friction in retail market access that defined the 2021 GameStop short squeeze. In its first 24 hours on Solana, GMEX recorded $1.75 million in volume, 35,686 trades, and 10,506 unique traders, with 16,230 holders as of September 13, 2026.

What is Gamestop tokenized stock (xStock) used for?

GMEX is used to gain price exposure to GameStop Corp. (GME) common stock through a blockchain-based token that trades continuously on Solana DEXs. It allows eligible non-US participants to trade GameStop exposure at any time, including outside US market hours, without a broker or minimum lot size. The token can be swapped on Solana DEX infrastructure including Raydium, Jupiter, Orca, and Kamino Finance, and is available for centralized trading on Kraken. It also serves as a fractional exposure tool, with eligible traders able to participate from as little as $1. Holding GMEX does not convey shareholder voting rights or direct ownership of the underlying shares; it provides price exposure only.

How Is the Gamestop tokenized stock (xStock) ecosystem developing?

The xStocks platform now lists 715 stocks and ETFs for on-chain trading, up from roughly 60 securities at its June 2025 launch. The platform reports over $40 billion in total transaction volume and operates across 110 countries. GMEX was listed on Solana via xStocks on September 12, 2026, enabling 24/7 on-chain trading across DEXs including Raydium and Jupiter. A Solana Compass news article covering the listing was published on September 13, 2026. Related developments include PancakeSwap adding support for trading of $GMEB, a tokenized version of GameStop shares on BNB Chain backed 1:1 by actual shares, on August 12, 2026. Tokenized stocks have seen rapidly increasing trade volume, with September 5, 2026 trade volume exceeding $58 million in a single day. The Solana Foundation published an xStocks case study documenting the state as of January 19, 2026, reporting over $3 billion in on-chain transaction volume.

How to mine Gamestop tokenized stock (xStock)?

GMEX is not mined. It is a tokenized tracker certificate issued by Backed Assets (JE) Limited and deployed as an SPL token on Solana. There is no mining mechanism, proof-of-work process, or staking protocol native to GMEX. The token derives its value from the underlying GameStop Corp. Class A shares held as collateral, with each token backed 1:1 by one share. Supply figures reported across sources vary, with circulating supply figures including 54,366 (CoinGecko), 59,502 (CoinMarketCap), and 59.40K (Investing.com). No maximum supply is specified. Fees include no management fee at launch, a possible annual fee of up to 0.25%, and an entry/exit fee of up to 0.50%.

How to keep your Gamestop tokenized stock (xStock) safe?

GMEX is an SPL token on Solana, so it is held in Solana-compatible wallets. Because the token is implemented with Solana Token Extensions including pausable configurations, permanent delegate authority, and transfer hooks, the issuer can pause transfers for restricted persons. Users should verify they meet the eligibility requirements, as GMEX is restricted to non-US persons and excludes residents of other prohibited jurisdictions, and access requires meeting the Professional Client or Qualified Investor standard under Swiss FinSA or EU Prospectus Regulation. Standard security practices for Solana tokens apply, including safeguarding private keys, using reputable wallets, verifying contract addresses before interacting, and being aware that holding GMEX provides price exposure only and does not convey shareholder voting rights or direct ownership of the underlying shares.