MRKx - MRK
Product Overview
MRKx Merck xStock (MRKx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. MRKx tracks the price of Merck & Co., Inc. (the underlying).
Merck xStock (MRKx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. MRKx tracks the price of Merck & Co., Inc. (the underlying).
Key Benefits
Merck, is a global biopharmaceutical company focused on developing and delivering innovative health solutions. It operates in the healthcare and life science industries, with a broad portfolio of prescription medicines, vaccines, biologic therapies, and animal health products.
Basic Information
| Attribute | Value |
|---|---|
| Token Symbol | MRKx |
| Underlying Asset | Merck & Co., Inc. (MRK) |
| Blockchain | Solana |
| Contract Address | XsnQnU7AdbRZYe2akqqpibDdXjkieGFfSkbkjX1Sd1X |
| ISIN | CH1436219385 |
| 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 | Merck & Co., Inc. |
| Trading Symbol | MRK |
| ISIN | US58933Y1055 |
| Issuer | The issuer of the Underlying is Merck & Co., Inc., 2000 Galloping Hill Road, Kenilworth, NJ 07033, USA. LEI: 4YV9Y5M8S0BRK1RP0397. |
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