MAx - MA
Product Overview
MAx Mastercard xStock (MAx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. MAx tracks the price of Mastercard Inc. (the underlying).
Mastercard xStock (MAx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. MAx tracks the price of Mastercard Inc. (the underlying).
Key Benefits
Mastercard Inc. is a global payments and technology company that facilitates electronic payments by connecting consumers, financial institutions, merchants, governments, and businesses worldwide. They do not issue cards, but instead develop and manage payment solutions and systems, processing billions of transactions annually.
Basic Information
| Attribute | Value |
|---|---|
| Token Symbol | MAx |
| Underlying Asset | Mastercard Incorporated Class A (MA) |
| Blockchain | Solana |
| Contract Address | XsApJFV9MAktqnAc6jqzsHVujxkGm9xcSUffaBoYLKC |
| ISIN | CH1436219336 |
| 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 | Mastercard Incorporated Class A |
| Trading Symbol | MA |
| ISIN | US57636Q1040 |
| Issuer | The issuer of the Underlying is Mastercard Incorporated Class A, 2000 Purchase Street, Purchase, NY 10577, USA. LEI: AR5L2ODV9HN37376R084. |
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