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View ChartProcter & Gamble tokenized stock (xStock) (PGX) is a blockchain-based tokenized equity product that provides indirect exposure to shares of The Procter & Gamble Company (NYSE: PG), a US-listed consumer goods corporation founded more than 180 years ago. The token is issued by Backed Finance, the issuer behind the xStock product line, and is structured as a tracker certificate issued as Solana SPL and ERC-20 tokens. Each PGX token is backed 1:1 by real Procter & Gamble Company shares held by a regulated third-party custodian, with regular attestations and EU-compliant structuring enforcing the collateralization.
PGX does not run its own blockchain. Instead, it leverages the security and finality guarantees of the host networks it operates on, including Solana, Ethereum, Arbitrum, BNB Chain, Mantle, and The Open Network. On Solana the token conforms to the SPL standard, on EVM-compatible chains it adheres to ERC-20, and on TON it adopts that network's native token format. A wrapped variant, Wrapped Procter & Gamble Tokenized stock (xStock) (WPGX), exists on Arbitrum and does not rebase, allowing it to be used within DeFi applications.
Circulating supply data varies by source and snapshot date, with Bitget reporting 3,013.47 PGX, Binance reporting 3K, CoinGecko reporting 3 Thousand PGX, and Stoic AI reporting 3,096.70. Total supply figures also differ across sources, ranging from 384,310.22697349 (Yahoo Finance, Aug 1, 2026) to 649,147.46 PGX (Bitget). Bitget lists max supply at 0 PGX. The product went live as part of a broader catalog spanning 57 tokenized US stocks and ETFs sharing the same legal and technical backbone.
PGX is issued by Backed Finance, the issuer behind the xStock product line. Backed Assets describes Procter & Gamble xStock (PGx) as a tracker certificate issued as Solana SPL and ERC-20 tokens that tracks the price of The Procter & Gamble Company. The xStock product line was created to address barriers in traditional investing, including borders, brokers, and limitations that have made investing complicated, costly, and out of reach for millions. The stated mission is to provide tokenized stocks that are backed 1:1 by underlying assets, composable with DeFi protocols, compliant with EU regulations, accessible to non-US users, and provide a legal claim to the value of the stock.
The underlying asset, The Procter & Gamble Company, is a US-listed consumer goods corporation founded over 180 years ago. P&G describes itself as improving everyday life as a Force for Growth and a Force for Good. The company has shares outstanding of 2.32B, a P/E ratio of 22.21, a book value of 22.96, and a forward dividend yield of 2.96. Its 52-week range is $137.62 to $167.25. Detailed public information about the specific individuals or founding team behind Backed Finance is currently limited.
PGX operates as a permissionless bearer instrument on blockchain networks. Each PGX digital token is backed 1:1 by real Procter & Gamble Company shares held by a third-party custodian. All xStocks, including PGX, are fully collateralized by traditional shares held in reserve by a regulated third-party custodian. Every token in circulation corresponds precisely to a single share held in reserve, enforced through regular attestations and EU-compliant structuring. Custody of the underlying Procter & Gamble shares sits with a regulated third party under a custody agreement to which Kraken is not a party.
Because each unit is asset-backed, the token's value tracks the equity directly, with no synthetic drift. Mechanically, a holder can transfer PGX peer-to-peer, supply it in AMM liquidity pools, lend it on money markets, or post it as collateral in lending protocols — all without a custodian or clearinghouse. The token transmits the economic value of the underlying stock while remaining natively usable within DeFi primitives, effectively bridging two previously disjointed liquidity environments. For example, a European investor can acquire PGX on a decentralized exchange, move it into a self-custody wallet, and pledge it as collateral for a stablecoin loan on Ethereum, all while retaining upside exposure to Procter & Gamble's share price.
PGX is designed to give eligible cryptocurrency market participants exposure to the underlying stock. Trading xStocks like PGX provides indirect exposure to publicly-traded company shares, but it does not constitute ownership of the underlying Procter & Gamble Company stock. Holding tokenized equities does not convey any shareholder rights. PGX holders do not possess ownership rights over the underlying stock that backs each token, nor are they entitled to receive any information from the respective company stock issuer.
PGX belongs to a class of regulated, blockchain-mirrored securities engineered to decouple stock ownership from legacy financial plumbing. The token functions as a direct, composable exposure to a US-listed equity, sidestepping the traditional gatekeeping of brokerage accounts and geographic residency. Where a non-US investor historically faced currency conversion friction, custody fees, and intermediary risk, PGX delivers a bearer instrument that tracks the underlying share price and carries a legal claim on the asset.
The stated deeper purpose is not merely to replicate a brokerage app on-chain, but to rewire how ownership is recorded, transferred, and utilized. By encoding a regulated claim on the underlying equity into a token, the project creates a portable, programmable asset class that exists outside any single national financial infrastructure. It favors an open settlement layer over proprietary, walled-garden exchanges.
Key benefits of PGX over traditional PG shares include 24/5 trading in eligible geos worldwide, the ability to purchase different tokenized equities using crypto, stablecoins, or USD, and fractional trading with investments starting as low as $1 per xStock. xStocks provide a convenient, accessible way for global investors to gain exposure to popular US stocks and ETFs. The product is EU-compliant, accessible to non-US users, and provides a legal claim to the value of the stock. xStocks enable easy access to 57 US Stocks and ETFs to regular users through top centralized and decentralized exchanges, and can be integrated with other DeFi protocols like any other token.
PGX is used to gain indirect exposure to the price movements of The Procter & Gamble Company stock without holding traditional shares through a brokerage account. It allows eligible cryptocurrency market participants to access a US-listed equity through blockchain-based tokens. The token can be bought with crypto, stablecoins, or USD, and it supports fractional trading, enabling investors to purchase portions of a tokenized share with investments starting as low as $1.
Beyond simple exposure, PGX is designed for composability within DeFi. Holders can transfer it peer-to-peer, supply it in AMM liquidity pools, lend it on money markets, or post it as collateral in lending protocols without a custodian or clearinghouse. This makes PGX usable across decentralized finance primitives while retaining exposure to Procter & Gamble's share price. The token can also be withdrawn to a self-hosted wallet, giving holders self-custody over their position.
PGX is available for 24/5 trading in eligible geos worldwide. It 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 who is otherwise taxable in the United States. Only retail Kraken clients in certain countries are eligible to purchase xStocks like PGX.
PGX went live as part of a broader catalog spanning 57 tokenized US stocks and ETFs, all sharing the same legal and technical backbone. The xStock product line enables easy access to these 57 US Stocks and ETFs to regular users through top centralized and decentralized exchanges, and can be integrated with other DeFi protocols like any other token. Related real-world assets listed on CoinMarketCap in the same ecosystem context include Gold, Nvidia Corp, Apple Inc., Alphabet Inc Class A, Microsoft Corp, Silver, Amazon.com Inc, Taiwan Semiconductor Manufacturing Co Ltd, SpaceX, Meta Platforms Inc., Broadcom Inc, Tesla Inc., SK Hynix, Micron Technology Inc., Berkshire Hathaway Inc Class B, Eli Lilly And Co, JPmorgan Chase & Co, and Advanced Micro Devices Inc.
A related wrapped product, Wrapped Procter & Gamble Tokenized stock (xStock) (WPGX), exists on Arbitrum. WPGX is a wrapped xStock that does not rebase, allowing it to be used within DeFi applications. Its tags include Tokenized Assets, Tokenized Stock, and DeFi. CoinMarketCap notes that the CMC team has not verified the WPGX contract.
Trading activity assessments from CryptoSlate rate PGX as supported with a score of 46 out of 100, where scores of 40–69 are considered supported. The score components include reported volume at 45% weight (49/100), valid-pair liquidity at 25% weight (0/100), market-cap turnover at 15% weight (84/100), exchange breadth at 10% weight (67/100), and quote freshness at 5% weight (100/100). CryptoSlate notes that low activity can make the displayed price sensitive to a handful of trades, and that Trading Activity assesses price reliability, not project development, legal status, reserves, or solvency.
PGX is not mined. It is a tokenized stock product issued by Backed Finance as a tracker certificate on blockchain networks. There is no mining mechanism, proof-of-work consensus, or staking protocol native to PGX. The token is backed 1:1 by real Procter & Gamble Company shares held by a regulated third-party custodian, and its supply is determined by the issuance and redemption process rather than by mining rewards.
Because PGX operates on host networks such as Solana, Ethereum, Arbitrum, BNB Chain, Mantle, and The Open Network, it leverages each network's existing security and finality guarantees. The protocol does not run its own blockchain. Holding PGX does not provide any staking rewards, yield, or mining income. Any yield or return associated with PGX would come from price movements of the underlying Procter & Gamble stock or from DeFi strategies in which the holder independently participates, such as supplying liquidity or lending on money markets.
To acquire PGX, eligible users can create an account on a supported platform, complete verification, deposit funds using a preferred payment method, and search for PGX to place a buy order. PGX can also be acquired on decentralized exchanges. The token can be withdrawn to a self-hosted wallet for self-custody.
PGX can be withdrawn to a self-hosted wallet, giving holders direct control over their tokens. For security, holders should use reputable self-custody wallets that support the networks PGX operates on, including Solana, Ethereum, Arbitrum, BNB Chain, Mantle, and The Open Network. Because PGX is a bearer instrument, possession and control of the private keys determine ownership of the token. Users should safeguard private keys and seed phrases, avoid sharing them with anyone, and be cautious of phishing attempts that impersonate official xStock channels.
Before interacting with DeFi protocols, holders should verify contract addresses. The Arbitrum contract address for PGX is 0xa904 ... d1318fd, and the WPGX contract on Arbitrum is 0xf815...A17e49 with arbiscan.io as the explorer. CoinMarketCap notes that the CMC team has not verified the WPGX contract, so extra caution is warranted when interacting with the wrapped variant. Users should also be aware that low activity can make the displayed price sensitive to a handful of trades, and that trading activity assessments reflect price reliability only, not project development, legal status, reserves, or solvency.
Regulatory and eligibility restrictions also affect safety and access. xStocks are not available in the USA, and geo restrictions apply. Backed's products are prohibited for individuals who are US citizens, US residents, or anyone who is otherwise taxable in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or with any securities regulatory authority of any State or other jurisdiction of the United States. Only retail Kraken clients in certain countries are eligible to purchase xStocks like PGX. As with all cryptocurrency investments, holders must closely monitor market performance and be aware of associated risks, including significant uncertainty and the possibility of price declines.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for PGX 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 Procter & Gamble tokenized stock (xStock) (PGX) is $150.45. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated PGX to USD rate at the top of BTCC’s price page. In terms of market scope, Procter & Gamble tokenized stock (xStock) records a 24h trading volume of $34.73K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $453.28K. Its current circulating supply stands at 3.01K out of a maximum supply cap of ∞.
The price volatility of Procter & Gamble tokenized stock (xStock) (PGX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (3.01K) 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, Procter & Gamble tokenized stock (xStock) (PGX) hit an all-time high (ATH) of $624.81 on 2026-06-09 13:50, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $127.62 on 2026-05-23 07:15. 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 PGX 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 ($34.73K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s PGXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Procter & Gamble tokenized stock (xStock), simply log into your BTCC account with USDT margin available, navigate to the PGXUSDT 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 PGXUSDT 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: $150.45), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for PGXUSDT with zero financial risk.
Trading Procter & Gamble tokenized stock (xStock) (PGX) 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 PGXUSDT, and review its live price ($150.45) 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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