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Netflix xStock (NFLXX) is a fully collateralized token that provides 1:1, on-chain exposure to Netflix, Inc. equity. Issued by Backed Assets (JE) Limited, NFLXX mirrors the price of Netflix shares without granting shareholder rights such as voting or dividends. It's designed for non-U.S. qualified investors and supports DeFi integration, 24/7 trading, and self-custody. NFLXX is available on Solana (SPL), BNB Smart Chain (BEP-20), and Arbitrum (ERC-20), allowing users to access U.S. tech stock exposure within a compliant blockchain-native wrapper.
NFLXX is a tokenized certificate that gives on-chain, 1:1 exposure to Netflix Inc.'s share price. It's fully backed by real Netflix shares but does not grant voting rights or direct ownership.
Each NFLXX token is fully backed 1:1 by a real Netflix share held in regulated custody. Legal documentation confirming this is available on the issuer's site.
NFLXX is available on three networks: as a BEP-20 token on BNB Smart Chain, an ERC-20 token on Arbitrum, and an SPL token on Solana. Ethereum mainnet is not supported.
There is currently no management fee, though a fee of up to ~0.25% per year may be introduced. Issuance and redemption carry up to a 0.50% fee per transaction.
NFLXX is available only to non-U.S. qualified or professional investors in jurisdictions where the product is permitted by law.
You can acquire NFLXX via the xStocks ecosystem (e.g., Kraken xStocks interface) or swap on-chain using Solana-based DEXes where NFLXX/USDC liquidity pools exist.
Bitcoin.com Wallet is recommended for BSC. For Arbitrum, use MetaMask or Trust Wallet. For Solana, Phantom, Solflare, or Ledger with the Solana app are suitable.
No. NFLXX gives only synthetic price exposure to Netflix shares. Holders do not receive dividends or voting rights.
Start by reviewing the factsheet and legal documents on the Backed Assets website, ensure you meet eligibility requirements, then acquire NFLXX via Kraken xStocks or supported DEXes and store in a compatible wallet.
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