AstraZeneca xStock (AZNX) Price

AZNx is a tokenised tracker certificate for AstraZeneca PLC shares, issued on Ethereum and Solana. It enables blockchain-based access to AstraZeneca’s equity performance for eligible participants, backed 1:1 by the underlying asset.

AstraZeneca xStock (AZNx) is a tokenised tracker certificate issued as an ERC-20 token on Ethereum and an SPL token on Solana. It tracks the price of AstraZeneca PLC shares, offering blockchain-based exposure to the underlying equity. The token is fully backed 1:1 by the corresponding security and is issued in compliance with applicable regulatory standards.

AZNx is part of the xStock product suite developed by Backed Finance, which provides tokenised access to traditional equities using blockchain infrastructure.

AZNx is used to provide eligible participants in cryptocurrency markets with tokenised access to the stock price of AstraZeneca PLC. It combines traditional equity exposure with the benefits of blockchain, such as increased transferability, onchain transparency, and programmability for integration with digital asset platforms.