APPx - APP
Product Overview
APPx AppLovin xStock (APPx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. APPx tracks the price of AppLovin Corporation (the underlying).
AppLovin xStock (APPx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. APPx tracks the price of AppLovin Corporation (the underlying).
Key Benefits
AppLovin is a global mobile technology company that provides businesses with solutions to connect with their target audience, market, monetize, and grow their apps and content. They offer a range of tools, including in-app connections, mobile devices, Connected TV, and multi-channel solutions.
Basic Information
| Attribute | Value |
|---|---|
| Token Symbol | APPx |
| Underlying Asset | AppLovin Corporation (APP) |
| Blockchain | Solana |
| Contract Address | XsPdAVBi8Zc1xvv53k4JcMrQaEDTgkGqKYeh7AYgPHV |
| ISIN | CH1436219641 |
| Issuer | Backed Assets (JE) Limited |
Product Features
- ✅ Compliance: Fully compliant tokenized stock meeting regulatory requirements
- ✅ Transparency: Real-time tracking of underlying stock price
- ✅ Liquidity: 24/7 trading without traditional stock market time restrictions
- ✅ Low Fees: Lower fee structure compared to traditional stock trading
- ✅ Global Access: Supports global investors (excluding US investors)
Fee Structure
- Management Fee: The tracker charges no management fee at present. A fee of up to 0.25% per year may be introduced in the future
- Issuance/Redemption Fee: Up to 0.50% of your investment's value when entering and exiting the investment
Underlying Asset Details
| Attribute | Value |
|---|---|
| Name | AppLovin Corporation |
| Trading Symbol | APP |
| ISIN | US03831W1080 |
| Issuer | The issuer of the Underlying is AppLovin Corporation, 33 Thomas Street, Palo Alto, CA 94301, USA. LEI: 549300LLVXMUAOL3SQ07. |
Service Providers
| Role | Provider |
|---|---|
| Tokenization Service | Backed Finance AG |
| Broker | Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG |
| Custodian | Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG |
| Security Agent | Security Agent Services AG |
Risk Warning
Important Notice
- This product is not sold to US persons
- Token prices will fluctuate with underlying stock price movements
- Please carefully read relevant legal documents before investing
- Past performance does not represent future returns
Related Links
Last Updated: 2025/7/2