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![Crouserrr Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1463423174947659786.png) Digi (MONEY/ARC❗️) [@Crouserrr](/creator/twitter/Crouserrr) on x 79.3K followers
Created: 2025-07-22 14:30:03 UTC

-> Here’s a clear breakdown of how xStocks work:

1) Real Asset Backing

• For every X xStock token, there is X real share (or ETF unit) held by a regulated custodian.
• These custodians are located in Switzerland and Jersey, operating under regulatory frameworks.
• Example: X AAPLx = X real Apple share held in custody.

2) Issuance and Custody

• Issued by Backed Assets (JE) Ltd, a licensed issuer.
• Shares are held in a traditional brokerage account.
• A tokenized representation of those shares is minted as an ERC-20 (Ethereum) or SPL token (Solana).

3) Price Tracking via Oracles

• The market price of the real-world asset (e.g., Apple stock) is streamed on-chain using Chainlink price oracles.
• This ensures that xStocks always reflect the real-time value of the underlying security.

![](https://pbs.twimg.com/media/Gwd_BbCXIAEjH6J.png)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947665446850752934/c:line.svg)

**Related Topics**
[aaplx](/topic/aaplx)
[jersey](/topic/jersey)
[switzerland](/topic/switzerland)
[fund manager](/topic/fund-manager)
[token](/topic/token)
[xstocks](/topic/xstocks)

[Post Link](https://x.com/Crouserrr/status/1947665446850752934)