BACx - BAC
Product Overview
BACx Bank of America xStock (BACx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. BACx tracks the price of Bank of America Corporation (the underlying).
Bank of America xStock (BACx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. BACx tracks the price of Bank of America Corporation (the underlying).
Key Benefits
Bank of America is a leading global financial institution that offers a wide range of banking, investing, asset management, and financial risk management products and services. It serves individuals, small to large businesses, corporations, governments, and institutional investors, both domestically and internationally.
Basic Information
| Attribute | Value |
|---|---|
| Token Symbol | BACx |
| Underlying Asset | Bank of America Corporation (BAC) |
| Blockchain | Solana |
| Contract Address | XswsQk4duEQmCbGzfqUUWYmi7pV7xpJ9eEmLHXCaEQP |
| ISIN | CH1436219500 |
| 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 | Bank of America Corporation |
| Trading Symbol | BAC |
| ISIN | US0605051046 |
| Issuer | The issuer of the Underlying is Bank of America Corporation, 100 North Tryon Street, Charlotte, NC 28255, USA. LEI: 9DJT3UXIJIZJI4WXO774. |
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