Thermo Fisher xStock 

TMOX Price

What is Thermo Fisher xStock (TMOX)?

Thermo Fisher xStock (TMOX) is a tokenized tracker certificate that gives crypto traders on-chain price exposure to Thermo Fisher Scientific Inc. (NYSE: TMO). Backed Assets (JE) Limited, a Jersey-registered issuer, issues the token under the xStocks brand, with Backed Finance AG acting as tokenizer. TMOX exists as an ERC-20 token on Ethereum and Arbitrum One and as an SPL token on Solana. Each token is backed 1:1 by an underlying TMO share held with a regulated custodian, and trading runs 24/5 — including outside traditional market hours.

Is TMOX the same as TMO stock?

No. TMO stock is the common equity of Thermo Fisher Scientific listed on the NYSE. TMOX is a tracker certificate that replicates that share's price movement. Holding TMOX confers no ownership, voting, or information rights in Thermo Fisher Scientific. The biotech company itself is a separate entity from the token — its corporate site does not represent the certificate.

What backs TMOX, and can holders redeem it?

Each TMOX token is backed 1:1 by one Thermo Fisher Scientific share held with a regulated custodian. Per the issuer's product documentation, tokens are redeemable for the equivalent cash value or the underlying share, with issuance and redemption running in kind. Direct redemption with the issuer requires a $5,000 minimum and KYC verification. A management fee currently does not apply, though up to 0.25% per year may be introduced. Issuance and redemption can cost up to 0.50% of investment value.

Can you buy Thermo Fisher tokenized stock on crypto exchanges?

TMOX — not TMO stock itself — is the crypto-tradable instrument. Kraken lists TMOx with 24/5 trading against USD, crypto, and stablecoins, fractional purchases from $1, and withdrawals to self-custody wallets. On-chain liquidity is thin: Etherscan shows 12 holders for the Ethereum contract, and DexScreener returns no Solana DEX pairs for the SPL mint. Secondary depth sits mostly inside the Kraken product rather than in on-chain pools, so on-chain sellers face limited counterparty liquidity and potential premium or discount to the underlying TMO share price.

Which blockchains does the TMOX token run on?

TMOX is issued on three networks. The token runs on Solana as an SPL mint and on Ethereum and Arbitrum One as ERC-20 contracts sharing the same address (0xaf072f109a2c173d822a4fe9af311a1b18f83d19), verifiable on Etherscan and Arbiscan. The Solana mint (Xs8drBWy3Sd5QY3aifG9kt9KFs2K3PGZmx7jWrsrk57) is verifiable on Solscan. All three deployments represent the same tracker certificate, so the network choice affects transfer rails, not the underlying exposure.

How does TMOX supply work?

TMOX supply is elastic rather than capped — no fixed maximum supply exists. Tokens are minted when buyers subscribe and burned when holders redeem against the underlying Thermo Fisher Scientific share. Supply therefore expands and contracts with demand instead of following a token-emission schedule, and no unlock calendar or allocation cliff applies. The live supply figure is shown on DropsTab.

Is TMOX available to US investors?

No. Per xstocks.com, xStocks tokens including TMOX are not available to residents of the United States, the United Kingdom, Canada, Australia, or sanctioned jurisdictions. The tokens are not registered under the U.S. Securities Act of 1933. Distribution runs through regulated Kraken entities — Payward Digital Solutions Ltd. in Bermuda and Payward Europe Digital Solutions under MiFID II in Cyprus.

What is Wrapped Thermo Fisher xStock (WTMOX)?

Wrapped Thermo Fisher xStock (WTMOX) is a separate wrapped variant of the TMOX certificate that some aggregators track independently. WTMOX is not the same asset as TMOX and uses a different token contract. The distinction matters for contract-address lookups and for price aggregation — mixing the two tickers distorts supply and market data for both instruments.