Alphabet xStock 

GOOGLX Price

What is the Alphabet xStock (GOOGLX) tokenized stock?

Alphabet xStock (GOOGLX) is a tracker certificate that gives crypto traders on-chain price exposure to Alphabet Inc. Class A shares (GOOGL) without a brokerage account. Backed Assets (JE) Limited issues the certificate; Backed Finance AG tokenizes it. One GOOGLX token mirrors the price of one GOOGL share. The token transfers on-chain around the clock on Solana and Arbitrum One, while the underlying equity trades only during US market hours. The certificate tracks price only and carries no shareholder rights.

Is GOOGLX backed by real Alphabet shares?

Yes. Backed Assets (JE) Limited issues each GOOGLX certificate against Alphabet Class A shares held with licensed custodians. The product carries ISIN CH1436219237 and tracks the GOOGL share (ISIN US02079K3059). Issuance and redemption are tied one-to-one to custodied shares, so the backing is structural — a mint-and-redeem claim on the underlying equity, not a reserve promise.

Does GOOGLX have a fixed maximum supply?

No. GOOGLX has no fixed maximum supply — the token count is an elastic mint-and-redeem inventory. Backed mints new certificates when investors subscribe against custodied GOOGL shares, and certificates are burned on redemption. The circulating figure therefore moves with issuance and redemption demand rather than following an emission schedule — the current count is shown in the live supply data on DropsTab.

What is the difference between GOOGLX and GOOGL?

GOOGL is a registered Alphabet Class A share; GOOGLX is a tracker certificate on that share's price. A GOOGL holder holds equity directly, with shareholder rights. A GOOGLX holder gets price-tracking only — no voting rights and no dividends attach to the certificate. GOOGL trades through brokerage accounts in market hours; GOOGLX transfers on-chain 24/7 on Solana and Arbitrum One.

Which fees apply to GOOGLX holders?

No management fee applies to GOOGLX at present. The issuer may introduce up to 0.25% per year. Issuance and redemption of certificates carry a fee of up to 0.50%. Trading costs on top are set by each venue: standard exchange fees on centralized markets, swap fees and slippage on Solana DEX pools. Those venue fees are not issuer charges.

Where can you buy and trade GOOGLX?

Spot trading of GOOGLX is centralized-exchange-only: per DropsTab data, every centralized spot pair is quoted in USDT, with no fiat-quoted centralized pair. Futures markets on GOOGLX exist at Gate.io, Kraken, and Delta Exchange. On-chain, GOOGLX swaps against USDC and SOL in concentrated-liquidity pools on Raydium and Meteora on Solana. There is no centralized fiat on-ramp pair listed.

How deep is GOOGLX liquidity on Solana DEXs compared with centralized exchanges?

GOOGLX liquidity concentrates in USDT-quoted order books on centralized exchanges. Solana DEX liquidity for GOOGLX is thinner — it runs through concentrated-liquidity pools rather than deep order books, so large on-chain orders face slippage. Traders moving size typically route through centralized USDT books and use on-chain pools for smaller swaps or self-custody settlement.

Can GOOGLX be traded 24/7?

Yes — GOOGLX transfers and swaps on-chain around the clock, including weekends. The underlying Alphabet share trades only during US market hours. Issuance and redemption of GOOGLX certificates occur against custodied shares at the reference price, which anchors the token to the underlying equity between sessions.

Who is eligible to buy GOOGLX?

GOOGLX is a security offered only to non-US persons. The certificate is not registered under the US Securities Act of 1933. UK clients are excluded, with limited exceptions for professional clients. Distribution generally targets Swiss FinSA professional clients and EU/EEA qualified investors. Eligibility rules come from the issuer's offering documents, not from the venue where GOOGLX trades.

Is GOOGLX the same token as rGOOGL?

No. GOOGLX carries the x suffix of Backed Finance xStocks — a tracker certificate issued by Backed Assets (JE) Limited with custody-backed mint and redemption. rGOOGL, listed on Bitget, is a Reality Protocol rToken — a different instrument with different custody. The prefix identifies the wrapper, so the two tickers should not be treated as interchangeable.