AstraZeneca xStock 

AZNX Price

What is AstraZeneca xStock (AZNX)?

AstraZeneca xStock (AZNX) gives crypto traders continuous on-chain exposure to AstraZeneca PLC equity — a tokenized stock issued under the xStocks suite by Backed Assets (JE) Limited, a Jersey-incorporated subsidiary of Backed Finance. Each AZNX token is backed 1:1 by an underlying share held in regulated custody and is redeemable for its cash value or the underlying asset. Per the issuer, xStocks span US stocks and ETFs across multiple chains; the suite launched in 2025. DropsTab classifies AZNX under Tokenized Stock.

Is AZNX backed by real AstraZeneca shares?

Yes. Each AZNX token is backed 1:1 by one underlying AstraZeneca share held in regulated custody, per issuer Backed Assets (JE) Limited. Holders can redeem AZNX for its cash value or the underlying asset. Token inventory is created and burned on demand against custodian-held shares, so AZNX supply mirrors demand for on-chain exposure rather than a fixed issuance cap.

How is AZNX tokenized stock different from AstraZeneca (AZN) stock?

AZNX is a tokenized tracker of AstraZeneca equity, not the share itself. The token confers no voting rights, and dividend treatment follows issuer terms — AZNX packages price exposure into a tradable on-chain instrument. The NYSE-listed ordinary shares trade only during exchange hours, while AZNX trades continuously on-chain.

Can tokenized AstraZeneca stock be traded 24/7?

Yes. AZNX trades continuously on-chain, including weekends and outside NYSE sessions; the underlying NYSE-listed shares trade only during US exchange hours. The trade-off: outside US market hours the reference price for AstraZeneca equity is stale, so AZNX can diverge from the underlying share price until the next session opens.

Which blockchains is AZNX deployed on?

AZNX is deployed on three networks: Arbitrum One, Solana, and Binance Smart Chain. The Arbitrum One and BSC deployments share the ERC-20 contract 0x5d642505fe1a28897eb3baba665f454755d8daa2 (18 decimals). The Solana deployment uses the SPL address Xs3ZFkPYT2BN7qBMqf1j1bfTeTm1rFzEFSsQ1z3wAKU. Holdings are verifiable on Arbiscan, BscTrace, and Solscan.

What is Wrapped AstraZeneca xStock (WAZNX)?

Wrapped AstraZeneca xStock (WAZNX) is a separate derived token — a wrapped representation of AZNX, not a second issuance of the tracker. The wrapper carries its own contract and custody path, so WAZNX and AZNX are distinct instruments. Traders should confirm which token a venue lists before executing.

Who is eligible to buy AZNX?

Not all buyers. Per the issuer, xStocks tokens are not offered to residents of the United States, United Kingdom, Canada, Australia, or sanctioned jurisdictions. AZNX is not registered under the US Securities Act. Access depends on the buyer's jurisdiction and the distribution venue's own terms.

What are the main risks of holding AZNX?

AZNX carries structural divergence risk. The Arbitrum One float is custodian-concentrated, and the contract uses a UI multiplier that can rescale displayed balances. AZNX also confers no voting rights, with dividend treatment governed by issuer terms.