SpaceX xStock (SPCXX): issuer, networks, and where it trades

SPCXX (SpaceX xStock) is a tokenized stock issued by Backed Assets (JE) Limited, a company based in Jersey. This instrument provides synthetic exposure to an undisclosed underlying asset, allowing holders to engage with the economic performance of the underlying stock without direct ownership. Unlike traditional stock ownership, holders of SPCXX do not have voting rights, direct dividend rights, or title to the underlying shares; instead, they receive exposure through a rebasing multiplier, subject to a 30% US withholding tax. This tokenized security is not available to residents of the US, UK, Canada, or Australia. Specific blockchain networks on which SPCXX exists are not disclosed. The treatment of dividends and stock splits related to the underlying asset remains unclear.

SPCXX data covers 5 venues. The available products determine which staking rates, withdrawal fees and funding rates appear. Sources include exchange APIs, protocols and aggregators. Scheduled collection: exchange staking every 10 minutes, funding every 10 minutes, fees and network availability every 30 minutes. On-chain yields follow their source schedule.