CrowdStrike xStock 

CRWDX Price

What is the CrowdStrike xStock (CRWDX) tokenized stock?

CrowdStrike xStock (CRWDX) is a tracker certificate that gives crypto traders on-chain exposure to CrowdStrike Holdings, Inc. (NASDAQ: CRWD), the US cybersecurity company. Each CRWDX token is fully collateralized 1:1 by an underlying CRWD share held in custody. The certificate is issued as Solana SPL and ERC-20 tokens under the xStocks line from Backed Assets (JE) Limited. The intended user is a crypto-native trader who wants fractional, 24/7 equity exposure without a brokerage account.

Who issues CrowdStrike xStock (CRWDX)?

Backed Assets (JE) Limited issues CRWDX as part of the xStocks line. Zurich-based Backed Finance AG acts as tokenizer, and Security Agent Services AG acts as security agent. The certificate carries ISIN CH1436219674. The underlying CrowdStrike share carries ISIN US22788C1053.

What is the point of tokenized stocks?

Tokenized stocks move equity exposure on-chain: a trader gets 24/7 access outside traditional market hours, can take fractional positions without a brokerage account, settles instantly on-chain, and can hold the certificate in self-custody. For CRWDX this means CrowdStrike price exposure trades alongside crypto assets on Solana and EVM networks instead of only through a brokerage.

Is CrowdStrike xStock (CRWDX) fully collateralized?

Yes. Per the issuer, each CRWDX token is fully collateralized 1:1 by an underlying CrowdStrike share held under a bankruptcy-remote structure. New tokens are minted only against shares deposited with the issuing structure, and redemption burns tokens and releases shares. Backed Assets (JE) Limited is the issuer; Security Agent Services AG is the security agent.

How is the CrowdStrike xStock (CRWDX) token supply determined?

CRWDX supply has no fixed maximum and no algorithmic emission. Supply mirrors the number of CrowdStrike shares held in custody: issuance mints tokens against deposited shares, and redemption burns tokens. No vesting schedule exists for the wrapper. The mint/redeem float is small, so individual secondary-market trades can push the CRWDX price away from the underlying share's NAV — the live supply figure is shown on DropsTab.

Does CRWDX give direct ownership of CrowdStrike shares?

No. CRWDX is a tracker certificate, so token holders hold a claim against the issuer, Backed Assets (JE) Limited, collateralized by shares held in custody. CrowdStrike shares are not registered in the token holder's name. The wrapper packages CrowdStrike price exposure into a tradable on-chain instrument rather than transferring share registration.

What fees does CrowdStrike xStock (CRWDX) charge?

No management fee applies at present. The issuer may introduce a management fee of up to 0.25% per year. Issuance and redemption each carry a fee of up to 0.50%. CRWDX had no token sale, so no ICO price exists.

Which blockchains support the CRWDX token?

CRWDX exists as a Solana SPL token and as an ERC-20 token on two EVM networks: BNB Smart Chain (chainId 56) and Arbitrum One (chainId 42161, 18 decimals). The same EVM contract address (0x214151022c2a5e380ab80cdac31f23ae554a7345) serves both BNB Smart Chain and Arbitrum One.

Where can traders buy tokenized CrowdStrike (CRWDX)?

Per DropsTab data, CRWDX spot trading is CEX-only: Gate and DigiFinex list the CRWDX/USDT pair, and USDT is the only quote asset. A separate MEXC Futures contract (CRWDSTOCK_USDT) references the underlying CRWD equity and carries no wrapper issuer. DropsTab lists no DEX venues, though Backed's Solana xStocks convention routes secondary liquidity through Raydium and Jupiter. Liquidity is thin — the spot footprint is limited to mid-tier CEX venues with a USDT pair each, and the small mint/redeem float makes slippage on large orders likely.

Is CrowdStrike xStock (CRWDX) available to US investors?

No. The certificate is not registered under the US Securities Act and is not offered to US Persons. UK retail access is also restricted. The intended audience is crypto-native traders outside those restricted jurisdictions.