PMx - PM
Product Overview
PMx Phillip Morris xStock (PMx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. PMx tracks the price of Philip Morris International Inc. (the underlying).
Phillip Morris xStock (PMx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. PMx tracks the price of Philip Morris International Inc. (the underlying).
Key Benefits
Phillip Morris is an American multinational tobacco company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro; its other major cigarette brands include L&M and Chesterfield.
Basic Information
| Attribute | Value |
|---|---|
| Token Symbol | PMx |
| Underlying Asset | Philip Morris International Inc. (PM) |
| Blockchain | Solana |
| Contract Address | Xsba6tUnSjDae2VcopDB6FGGDaxRrewFCDa5hKn5vT3 |
| ISIN | CH1436219591 |
| 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 | Philip Morris International Inc. |
| Trading Symbol | PM |
| ISIN | US7181721090 |
| Issuer | The issuer of the Underlying is Philip Morris International Inc., 677 Washington Blvd., Ste. 1100, Stamford, CT 06901, USA. LEI: 549300R0WJZWIQZQPW60. |
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