Salesforce xStock 

CRMX Price

What is Salesforce xStock (CRMX)?

Salesforce xStock (CRMX) is a tracker certificate that tracks the price of Salesforce, Inc. common stock (NASDAQ: CRM) and gives crypto users on-chain equity exposure without a brokerage account. Backed Assets (JE) Limited issues the certificate, with Backed Finance AG as tokenizer. Each CRMx token tracks one underlying share and trades 24/7 on-chain. The xStocks product line — 55+ tokenized stocks and ETFs — launched on Kraken, Bybit, and Solana in late June 2025.

Is Salesforce xStock (CRMX) backed by real shares?

Yes. Every CRMx token is 1:1 backed by a Salesforce share held with regulated custodians — Alpaca Securities, InCore Bank, Maerki Baumann, and GTN Europe. Security Agent Services AG acts as security agent for the structure. The certificate carries the ISIN CH1436219476 under a Swiss regulatory framework, and the custody chain is documented in the issuer's product materials.

Does Salesforce xStock (CRMX) grant the same rights as CRM stock?

No. CRMx is a tracker certificate, not Salesforce, Inc. common stock. Holding CRMx does not carry CRM shareholder rights — no Salesforce shareholder voting, no direct share registration, and no investor-relations entitlements. The price linkage is maintained through 1:1 backing and the issuer's issuance-and-redemption mechanism, which anchors the certificate's value to the underlying NASDAQ-listed share.

How is the Salesforce xStock (CRMX) token supply determined?

Supply is open-ended and demand-driven. Authorized participants deposit Salesforce shares with the issuer, and new CRMx tokens are minted 1:1 against those deposits; redemptions withdraw tokens from circulation as shares are released. Salesforce xStock has no fixed maximum supply and no team or treasury allocation. Supply risk is limited to mint-and-redeem flow, which is collateralized 1:1 and therefore price-neutral at issuance.

Which blockchains support Salesforce xStock (CRMX)?

Per DropsTab data, Salesforce xStock is deployed across four networks: a native Solana SPL token plus an ERC-20 contract on Ethereum, BNB Smart Chain, and Arbitrum One. The EVM deployments use 18 decimals. The Solana deployment carries the primary on-chain trading liquidity for CRMx, hosted in Raydium and Meteora pools.

Where can you buy the Salesforce xStock (CRMX) tokenized stock?

Two routes exist. Centralized: Kraken and Bybit offer CRMx through their xStocks tokenized-equity product lines, available since late June 2025. Decentralized: on Solana, Raydium carries a CRMx/USDC concentrated-liquidity pool, and Meteora carries CRMx/USDC and CRMX/SOL pools. Per DropsTab data, these Solana DEX pairs are the verified on-chain markets for the token.

Can Salesforce xStock (CRMX) be traded 24/7 outside US market hours?

Yes. CRMx settles on-chain rather than through NASDAQ infrastructure, so transfers clear around the clock — including weekends and pre-market hours when CRM does not trade on the exchange. Off-hours DEX prices can deviate from CRM's last NASDAQ close. On-chain liquidity for a tokenized mid-cap equity is materially thinner than the underlying NASDAQ market, so larger orders can move the DEX price.

Is it safe to buy tokenized stocks like Salesforce xStock (CRMX)?

Safety depends on issuer structure and jurisdiction. CRMx is issued under a Swiss framework in the FinSA "Professional Client" scope, with EU/EEA Qualified Investor documentation per Regulation (EU) 2017/1129. The securities are not registered under the US Securities Act of 1933 — US persons are excluded, and most UK retail clients cannot access the product. Salesforce, Inc. has no role in issuing CRMx; the token is not an official Salesforce product.

What fees does Salesforce xStock (CRMX) charge?

Issuer materials list no management fee on Salesforce xStock at present — a fee of up to 0.25% per year may be introduced. Primary issuance and redemption can cost up to 0.50% of investment value on entry or exit. Secondary-market trades through Raydium, Meteora, or the CEX xStock listings carry those venues' own trading fees, separate from issuer charges.