Microsoft xStock 

MSFTX Price

What is Microsoft xStock (MSFTX), the tokenized Microsoft stock?

MSFTX is a tokenized representation of one Microsoft (MSFT) share, issued 1:1-backed under the xStocks program by Backed Assets (JE) Limited, a Jersey-incorporated special-purpose issuer. The token gives crypto users on-chain exposure to Microsoft stock — freely transferable, tradable around the clock, and redeemable for the underlying share or its cash value. MSFTX is not issued by Microsoft and carries no shareholder rights. DropsTab classifies the asset as a Tokenized Stock.

What are xStocks tokenized equities?

xStocks is a tokenized-equities program developed by the Backed group. The program lists 700+ tokenized stocks and ETFs, reports more than $35B in cumulative transaction volume, and accepts fractional purchases from $1. Distribution in several markets runs through Kraken entities — Payward Digital Solutions Ltd. (Bermuda-licensed) and Payward Europe Digital Solutions (CY) Ltd. (Cyprus, MiFID II-regulated). Availability spans 110+ countries.

How is MSFTX backed and how is its circulating supply created?

Each MSFTX token is backed 1:1 by one Microsoft share held in regulated third-party custody. Supply has no fixed maximum — new tokens are minted when shares are deposited and burned on redemption, so the circulating amount floats with demand (the live figure is shown on DropsTab). Because the wrapper is fully backed, MSFTX has no team allocations, no vesting schedule, and no unlock calendar.

Does MSFTX confer Microsoft shareholder rights?

No — MSFTX confers no Microsoft shareholder rights. Holders receive no voting rights and no information rights, and the token is not issued by Microsoft. The instrument packages price exposure to MSFT stock into a transferable token; the underlying shares sit in custody on behalf of the issuer, not registered to token holders.

Can MSFTX be redeemed for actual Microsoft shares?

Yes — MSFTX is redeemable for the equivalent cash value or for the underlying Microsoft share. Redemption runs through the issuer, Backed Assets (JE) Limited. Per Kraken's venue page, MSFTx redemption via Backed carries an additional fee. Each redemption burns the redeemed tokens, reducing supply against the custodied shares.

Which blockchains is the MSFTX token deployed on?

MSFTX exists as a native Solana SPL mint plus a shared EVM contract deployed on Ethereum, BNB Smart Chain, and Arbitrum One. The issuer's program also names Mantle, TON, and Ink as supported chains. Per-chain mints run far smaller than the cross-chain aggregate, and the tracked DEX liquidity sits on Solana.

Where can I buy MSFTX?

Per DropsTab data, the tracked markets for MSFTx are decentralized — Raydium concentrated-liquidity pools quote MSFTx against USDC, SOL, and STRCx on Solana. Beyond that tracked set, Kraken actively lists MSFTx under its "Trade MSFTx" offering, and the issuer's ecosystem page names Bybit, OKX, Gate, and Bitget, plus DeFi integrations including Orca, Kamino, and Morpho.

Is MSFTX tradable 24/7?

On-chain transfers settle around the clock, but centralized trading hours vary by venue. Kraken describes MSFTx trading as 24/5, with weekend availability in development. Off-hours pricing depends on on-chain liquidity, which is concentrated in Raydium pools — the MSFTX price can drift from the underlying Microsoft close during off-hours, and thin pools imply slippage on larger orders.

Are xStocks tokens such as MSFTX regulated, and who cannot buy them?

The tokens are not registered under the US Securities Act. Residents of the United States, the United Kingdom, Canada, Australia, and sanctioned jurisdictions are excluded from MSFTX distribution. On-chain, the contract enforces sanctions-list screening and can be paused globally — transfers to sanctioned addresses can be blocked. Distribution in several markets runs through Bermuda-licensed and MiFID II-regulated Kraken entities.