SpaceX xStock

SpaceX xStock (SPCXx) is a tokenized equity token issued by Backed Assets (JE) Limited under the xStocks framework that provides 1:1 economic exposure to SpaceX shares held in regulated custody, serving as a tradable token on Solana and other chains. Backed Finance launched it in June 2026, resulting in tens of millions in AUM, over 27,000 holders, and monthly transfer volume above $184 million.