Planet Labs xStock (PLX): issuer, networks, and where it trades
Updated 24 minutes ago
What this instrument is
- Instrument type
- Tokenized stock
- Issuer
- Backed (xStocks)
- Tracks
- PL
What the holder actually gets: Backed Assets (JE) Limited (Jersey), with a prospectus approved by the FMA Liechtenstein and Jersey approval from the JFSC. The token is a tracker: holders get no voting rights, no direct dividend rights, and no title to the underlying share — only economic exposure via a rebasing multiplier, net of 30% US withholding tax. Not available to US, UK, Canadian, or Australian residents.
See all ways to get exposure to PL →
This is a description of the instrument, not investment advice.
Unique data: networks & freeze history
Updated:
ARBITRUM, ETH
2 of 2 networks have withdrawals open on at least one exchange
0 withdrawal freezes in the last 30 days
Tracked on 2 exchanges
No staking or lending offer is currently tracked for this instrument.
Not enough live quotes right now to calculate a spread.
Where to Buy & Trade PLX
| Exchange | Staking | Fees | Funding | |
|---|---|---|---|---|
| Bitget | — | ✓ | — | Open Account |
| MEXC | — | ✓ | — | Open Account |
| BitMart | — | ✓ | — |
Withdrawal Fees
About Planet Labs xStock
PLX (Planet Labs xStock) is a tokenized stock issued by Backed (xStocks), representing a synthetic exposure to the underlying asset, Planet Labs (PL). This instrument is structured as a security entitlement, meaning holders do not have voting rights, direct dividend rights, or ownership of the underlying shares. Instead, they gain economic exposure through a rebasing multiplier, subject to a 30% US withholding tax. Importantly, this tokenized security is not available to residents of the US, UK, Canada, or Australia, which introduces jurisdictional restrictions for potential investors. The specific blockchain network on which PLX exists is not disclosed. Additionally, the handling of dividends and stock splits for the underlying asset remains unclear based on the provided legal substance.
PLX data is aggregated across 2 exchanges, including staking rates, withdrawal fees, and funding rates. All data is updated every 30 minutes from official exchange APIs. Compare the best rates and cheapest fees to find the optimal exchange for your PLX holdings.
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