AMD xStock (AMDX) Price

AMDx is a tokenised tracker certificate that provides onchain exposure to AMD stock, issued by Backed Assets (JE) Limited. It is available on Ethereum and Solana, and is fully backed 1:1 by the underlying equity.

AMD xStock (AMDx) is a tokenised tracker certificate issued on Ethereum (ERC-20) and Solana (SPL). It tracks the price of Advanced Micro Devices, Inc. (AMD), offering a blockchain-based representation of the underlying equity. Each token is fully backed 1:1 by the underlying security. AMDx is part of Backed's xStock product line, which provides onchain exposure to individual equities via regulatory-compliant instruments.

Backed distinguishes between bTokens and xStocks. While bTokens may track fixed-income or equity indices, xStocks like AMDx focus solely on providing tokenised access to individual public equities.

AMDx allows eligible investors to gain onchain exposure to the performance of Advanced Micro Devices, Inc. stock. By using blockchain infrastructure, it enables secure, transparent, and programmable access to traditional financial assets. The token maintains compliance standards while offering the flexibility of digital assets.