PepsiCo tokenized stock (xStock) PricePEPX

What is PepsiCo tokenized stock (xStock) (PEPX)?

PepsiCo tokenized stock (xStock) (PEPX) is a blockchain-based tracker certificate that provides indirect exposure to the share price of PepsiCo, Inc. (PEP), the multinational food and beverage corporation behind brands such as Pepsi, Lay's, and Doritos. Issued by Backed Finance under its Backed Assets product line, PEPX is designed to give eligible cryptocurrency market participants access to PepsiCo's stock price without requiring a traditional brokerage account. Each PEPX token is backed 1:1 by PepsiCo, Inc. common stock held via the traditional broker and custodian Alpaca Securities LLC, per RWA.xyz. On Solana, PEPX uses the token-2022 standard; on EVM chains it is an ERC-20 token, per RWA.xyz. According to the xStocks official site, xStocks are 1:1 backed tokenized US equities and ETFs, tradeable 24/7, across chains, by anyone in the world. PEPX's inception date is 06/12/2025, per RWA.xyz. PEPX is listed on CoinMarketCap with CMC ID 37064. Trading PEPX provides indirect exposure to publicly-traded company shares, but it does not constitute ownership of the underlying PepsiCo, Inc. common stock, and holding tokenized equities does not convey any shareholder rights.

Key Specifications & Tokenomics

• Name: PepsiCo tokenized stock (xStock)
• Ticker / Symbol: PEPX
• Related underlying ticker: PEP (PepsiCo, Inc. common stock)
• CMC ID: 37064
• ISIN: CH1436219401
• Domicile: Jersey, Channel Islands
• Regulatory framework: Liechtenstein Blockchain Act, supervised by the FMA
• Issuer LEI: 984500001AB7C6C7F577
• Underlying asset: PepsiCo, Inc. (PEP)
• Issuer / product provider: Backed Finance (Backed Assets)
• Product type: Tracker certificate issued as token-2022 on Solana and ERC-20 on EVM chains
• Token standard / chains: token-2022 on Solana; ERC-20 on Ethereum, HyperEVM, Ink, Arbitrum, Optimism, Mantle and BNB Chain
• Category: Tokenized stock / tokenized equity
• Collateral: 1:1 backed by PepsiCo, Inc. common stock held via the traditional broker and custodian Alpaca Securities LLC
• Total supply: 677,679.55 PEPX (Coinlive, Oct 09, 2026)
• Circulating supply: 2,700.94 PEPX (Coinlive, Oct 09, 2026)
• Primary-market minimum investment: USD 5,000, with 0.50% subscription and redemption fees, per RWA.xyz
• Trading hours: Tradeable 24/7, across chains, according to the xStocks official site
• Official xStocks site: https://xstocks.fi/
• Product page: https://assets.backed.fi/products/pepsico-xstock

Who created PepsiCo tokenized stock (xStock) (PEPX)?

PEPX is issued and provided by Backed Finance through its Backed Assets product line. Backed Finance is the entity responsible for the tracker certificate that underpins PEPX, and the product page for PepsiCo xStock is hosted on the Backed Assets website. PEPX is issued by Backed Assets (Backed Finance), with issuer LEI 984500001AB7C6C7F577, domiciled in Jersey, Channel Islands, per RWA.xyz. The underlying asset is PepsiCo, Inc., a publicly traded company whose common stock trades under the ticker PEP. The underlying company maintains an official website at pepsico.com and an official X (Twitter) account at x.com/PepsiCo. The custody of the underlying PepsiCo shares is handled by Alpaca Securities LLC, per RWA.xyz. The xStocks initiative is further described through the official xStocks site at xstocks.fi, which positions xStocks as 1:1 backed tokenized US equities and ETFs.

How does PepsiCo tokenized stock (xStock) (PEPX) work?

PEPX operates as a tracker certificate that follows the price of PepsiCo, Inc. common stock. Each PEPX token is backed 1:1 by PepsiCo, Inc. common stock held via the traditional broker and custodian Alpaca Securities LLC, per RWA.xyz. The tokens are issued natively on Solana (token-2022), Ethereum, HyperEVM, Ink, Arbitrum, Optimism, Mantle and BNB Chain, per RWA.xyz. Eligible users can purchase PEPX using crypto, stablecoins, or USD. Primary-market minimum investment is USD 5,000, with 0.50% subscription and redemption fees, per RWA.xyz. PEPX tokens can be withdrawn to any compatible on-chain wallet. According to the xStocks official site, xStocks are tradeable 24/7, across chains. Importantly, holding PEPX does not convey shareholder rights; holders do not possess ownership rights over the underlying stock and are not entitled to receive information from PepsiCo. Purchasing PEPX is not the same as holding real PepsiCo shares.

What makes PepsiCo tokenized stock (xStock) (PEPX) unique and valuable?

PEPX stands out through its native issuance across eight blockchain networks and its issuance under the Liechtenstein Blockchain Act, supervised by the Liechtenstein Financial Market Authority (FMA), per RWA.xyz.

What is PepsiCo tokenized stock (xStock) (PEPX) used for?

PEPX is primarily used to gain indirect exposure to the price movements of PepsiCo, Inc. common stock through blockchain-based tokens. Eligible cryptocurrency market participants can purchase PEPX using crypto, stablecoins, or USD, and can trade it around the clock. Because fractional trading is supported, users can buy fractions of PEPX, making it possible to gain exposure to a high-priced equity with a small amount of capital. PEPX tokens can be withdrawn to any compatible on-chain wallet, allowing holders to custody their tokens directly on-chain. The tokens are issued across multiple chains, including Solana and Ethereum, which gives users flexibility in choosing a network. PEPX appears on several price-tracking and data platforms, including CoinMarketCap, CoinGecko, Coinbase, Crypto.com, Investing.com and CoinDesk. It is important to note that PEPX is not used to represent shareholder rights, does not convey ownership of the underlying PepsiCo stock, and does not entitle holders to receive information from PepsiCo. Instead, its utility lies in providing price exposure and transferability within the crypto ecosystem for eligible users.

How Is the PepsiCo tokenized stock (xStock) (PEPX) ecosystem developing?

The PEPX ecosystem is developing as part of the broader xStocks initiative by Backed Finance. The xStocks official site describes xStocks as 1:1 backed tokenized US equities and ETFs that are tradeable 24/7, across chains, by anyone in the world. PEPX is issued natively on Solana (token-2022), Ethereum, HyperEVM, Ink, Arbitrum, Optimism, Mantle and BNB Chain, per RWA.xyz, indicating multi-chain expansion. PEPX is tracked on major data platforms such as CoinMarketCap, CoinGecko and CoinDesk, and CryptoRank lists 3 exchanges offering 3 PEPX markets. The xStocks official site (xstocks.fi) explains how xStocks work. Overall, the ecosystem is expanding through multi-chain issuance, broad data platform coverage, and educational content, while remaining subject to geographic restrictions and eligibility requirements.

How to mine PepsiCo tokenized stock (xStock) (PEPX)?

PEPX is not a mined cryptocurrency and does not use a proof-of-work or mining mechanism. It is a tokenized tracker certificate issued by Backed Finance, backed 1:1 by PepsiCo, Inc. common stock held via the traditional broker and custodian Alpaca Securities LLC, per RWA.xyz. Because PEPX is a tokenized stock product rather than a native blockchain asset with a consensus mechanism, there is no mining process, no block reward, and no staking mechanism for issuing new tokens. The supply of PEPX is tied to the underlying collateral held by the custodian, and the token is created and redeemed through the issuer's product structure. Users acquire PEPX by purchasing it on supported platforms using crypto, stablecoins, or USD, rather than by mining or staking. PEPX tokens can be withdrawn to any compatible on-chain wallet. For those seeking to obtain PEPX, the process involves using an eligible platform to buy the token, and for users who wish to buy with Bitcoin (BTC), they can use BTC transferred from another wallet or purchase BTC directly within a supported app. There is no mining or staking participation available for PEPX.

How to keep your PepsiCo tokenized stock (xStock) (PEPX) Coin safe?

Keeping PEPX safe involves both on-chain security practices and awareness of the product's regulatory and custody structure. Since PEPX tokens can be withdrawn to any compatible on-chain wallet, holders should use a reputable wallet that supports the relevant token standard, such as token-2022 or ERC-20, and should safeguard their private keys and seed phrases without sharing them with anyone. Hardware wallets are generally recommended for holding significant amounts of any blockchain-based asset. Because PEPX is issued on multiple chains, users should ensure they are interacting with the correct network and contract when transferring or storing tokens. It is also important to understand that PEPX is not available in the USA, and geo restrictions apply. Backed's products are prohibited for individuals who are US citizens, US residents, or anyone otherwise taxable in the United States. Only retail clients in certain countries are eligible to purchase xStocks like PEPX. The underlying PepsiCo shares are held via the traditional broker and custodian Alpaca Securities LLC, per RWA.xyz. Holding PEPX does not convey shareholder rights, and holders do not possess ownership rights over the underlying stock. Users should also be cautious of phishing attempts and fake tokens, and should verify contract addresses through official sources such as the Backed Assets product page and the xStocks official site before making any transactions.

Risks and uncertainties

PEPX carries several risks that investors should weigh carefully. Its price can fluctuate with the market price of PepsiCo, Inc. common stock and with broader crypto market conditions. Regulatory treatment of tokenized equities may change, and geographic restrictions, including the prohibition for U.S. persons, limit who can hold the product. Technical risks include smart contract vulnerabilities, network congestion, and the possibility of losing access to tokens through lost private keys or phishing. This article is for informational purposes only and does not constitute investment advice.