Coca-Cola xStock (KOX) Price

Coca-Cola xStock (KOx) is a Solana-based digital token representing The Coca-Cola Company stock. Issued by Backed Finance, it gives regulated on-chain access to the equity’s market value.

xStocks are blockchain-based tokens that digitally represent specific equities or exchange-traded funds (ETFs). Each token corresponds 1:1 with a real-world underlying asset held by a custodian. These tokens are issued on the Solana blockchain and are designed to be used by eligible participants for gaining traditional asset exposure in decentralised finance (DeFi) settings and regulated token platforms.

Coca-Cola xStock (KOx) is a tokenised tracker certificate that reflects the share price of The Coca-Cola Company (NYSE: KO). It is issued on the Solana blockchain and designed to provide eligible investors with regulated on-chain access to the stock's value.

The underlying asset is The Coca-Cola Company, a major multinational beverage corporation. It is known for producing and distributing a broad portfolio of non-alcoholic drinks including Coca-Cola, Sprite, Fanta, and various other soft drinks and water brands.