Cisco xStock 

CSCOX Price

What is Cisco xStock (CSCOX), the tokenized Cisco stock?

Cisco xStock (CSCOX) gives crypto traders on-chain exposure to Cisco Systems (Nasdaq: CSCO) through a tokenized tracker certificate issued under the xStocks suite. The legal issuer is Backed Assets (JE) Limited, a Jersey-based special purpose vehicle registered with the Jersey Financial Services Commission. Each CSCOX token delivers 1:1 economic exposure to underlying CSCO shares — it is a bearer debt instrument, not direct equity ownership, and it confers no shareholder voting rights. The token exists as a Solana SPL token and as an ERC-20 on EVM chains, with contract addresses tracked on DropsTab.

Is Cisco xStock backed by real Cisco shares?

Yes. Every CSCOX token is fully collateralized 1:1 by CSCO shares held in segregated accounts with regulated custodians and brokers, with no commingling between products. The structure is bankruptcy-remote: a three-party Account Control Agreement between the issuer, the custodian, and an independent Security Agent lets the Security Agent seize the collateral and distribute proceeds if the issuer defaults. Collateral backing is verifiable through the xStocks proof-of-reserves portal.

How is the CSCOX token different from owning CSCO stock?

CSCOX replicates CSCO's price exposure but is not the share itself. Holders get no voting rights, and the token trades on-chain 24/7, so secondary prices can deviate from the underlying equity during hours when Nasdaq is closed. The instrument is a tracker certificate issued by Backed Assets (JE) Limited; owning CSCO directly means holding registered equity with shareholder status.

Do Cisco xStock (CSCOX) holders get dividends?

Yes — dividends on the underlying CSCO shares are reinvested into the token via a rebasing mechanism. Rebasing adjusts token balances automatically on EVM chains such as Arbitrum One and BSC, while Solana holders see the adjustment through a scaled user interface. Stock splits adjust CSCOX balances proportionally under the same mechanism, keeping per-token exposure aligned with the underlying share.

How is the CSCOX supply minted and redeemed?

CSCOX supply has no fixed maximum — it is an elastic mint/redeem inventory that expands and contracts with demand (the live figure is on DropsTab). Eligible direct clients issue or redeem tokens with the issuer at the prevailing CSCO market price, subject to KYC and a $5,000 minimum transaction size. Issuance and redemption run 24/5 on US market days, while secondary trading continues 24/7.

Where can I buy Cisco xStock (CSCOx)?

Per DropsTab data, CSCOX trades as a CSCOX/USDT spot pair on Gate and as a CSCOx/USDC pool on Raydium on Solana. Kraken also offers CSCOx trading through its own xStocks product, available to non-US users. Eligible institutional clients can also issue or redeem tokens directly with the issuer. Gate launched its dedicated xStocks section — spot listings plus USDT-settled perpetual futures on other xStock names — in July 2025, with CSCOX added in a later listing batch.

How liquid is Cisco xStock on-chain?

On-chain liquidity for CSCOX is thin because the token float is small — supply exists only against 1:1 CSCO collateral minted on demand. Secondary prices can therefore carry premiums or discounts to the underlying CSCO share, and off-hours fills can face wide spreads. DropsTab currently tracks spot and DEX markets for this asset, with no derivatives markets on the tracked token.

Is tokenized Cisco stock available to US persons?

No — access to xStocks instruments is restricted at the issuer level for US persons. The wrapper is distributed under a base prospectus approved by the Liechtenstein Financial Market Authority (FMA) under the EU Prospectus Regulation, passportable across the EEA to licensed retail distributors. Availability on any given venue still depends on that venue's own jurisdictional restrictions.