METAx - META
Product Overview
METAx Meta xStock (METAx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. METAx tracks the price of Meta Platforms, Inc (the underlying).
Meta xStock (METAx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. METAx tracks the price of Meta Platforms, Inc (the underlying).
Key Benefits
Meta Platforms, Inc. is a social media and technology company that focuses on connecting people and developing the metaverse. It owns and operates several popular social media platforms like Facebook, Instagram, Threads, and WhatsApp, as well as developing VR and AR technologies through its Reality Labs
Basic Information
| Attribute | Value |
|---|---|
| Token Symbol | METAx |
| Underlying Asset | Meta Platforms, Inc. (META) |
| Blockchain | Solana |
| Contract Address | Xsa62P5mvPszXL1krVUnU5ar38bBSVcWAB6fmPCo5Zu |
| ISIN | CH1436219229 |
| 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 | Meta Platforms, Inc. |
| Trading Symbol | META |
| ISIN | US30303M1027 |
| Issuer | The issuer of the Underlying is Meta Platforms, Inc., 1 Hacker Way, Menlo Park, CA 94025, USA. LEI: BQ4BKCS1HXDV9HN80Z93. |
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