Philip Morris xStock

Philip Morris International (PM), the tobacco company that sells Marlboro everywhere outside the United States, earning from cigarettes and from smoke-free products, chiefly IQOS heated tobacco sticks, on sale since 2014, and Zyn nicotine pouches. Altria spun it off in 2008 to run the non-US business on its own, and it paid about 16 billion dollars for Swedish Match, the maker of Zyn, in 2022. PMx is a tokenised tracker certificate from Backed Assets (JE) Limited, following the PM share price on-chain.