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POWLx

Powell Industries xStock

Tokenized securityBacked / Kraken (xStocks)Solana / Ethereum (+9)FOR RETAIL (EU)
YIELD
PRICE
vs SAVINGS
—
RISK
NOT RATED
PEERS
-1
VENUES
—

Peers · Tokenized security

TICKERISSUERYIELDvs SAVRISKMIN

Same underlying · Powell Industries

3 WAYS IN
TICKERISSUERYIELDvs SAVRISKMIN
POWLx ◂Backed / Kraken (xStocks)PRICE—NOT RATED—
POWLonOndo Global Markets (BVI)PRICE—NOT RATED—
POWL.RHRobinhood Assets (Jersey) LimitedPRICE—NOT RATED—

Description

ISSUER DOCS

Token 1:1 backed by POWL (ISIN US7391281067), issued by Backed. Imported from the issuer catalogue — identity is sourced, the figures are not checked per instrument.

Buying · Q&A

4 QUESTIONS
How do I buy POWLx?+

Buy on Kraken, optionally withdraw to a Solana wallet. The issuer names these venues: Kraken, Bybit, Solana DEXs. The token runs on Solana / Ethereum (+9).

Who can buy POWLx?+

As Backed / xStocks states it: EU, retail investors: yes (Through the venues that list it; the token itself is freely transferable); UK, retail investors: no (Kraken lists the UK among excluded jurisdictions, with Canada and Australia); US, accredited investors: no (Not accessible to US persons, whatever the investor class); US, retail investors: no (Not accessible in the US or to US persons). The issuer has the final word; check its terms before buying.

Is owning POWLx the same as owning POWL shares?+

No: it is a certificate that tracks the price. With Backed / xStocks, dividends are reinvested, not paid out. There are no voting rights.

What other tokens track POWL?+

Besides POWLx, POWL is available as POWLon (Ondo Global Markets (BVI)), POWL.RH (Robinhood Assets (Jersey) Limited). They track the same security but differ in issuer, legal structure, chain and target market.

Where to trade

SECONDARY MARKET

No market data for POWLx yet — buy through the issuer below.

Issuer · primary market

SUBSCRIBE / REDEEM
Backed / Kraken (xStocks)

Buy on Kraken, optionally withdraw to a Solana wallet

MIN
—
KYC
Required
CUSTODY
Self-custody possible (withdraw to wallet)
GO TO BACKED↗

Who may buy is set by the issuer — check their terms. Not investment advice.

Key facts

Yield / return
Price return
Risk
Not rated (imported)
Minimum
—
Custody
Self-custody possible (withdraw to wallet)
KYC
Required

Details

Issuer
Backed / Kraken (xStocks)
Type
Tokenized security
Category
Tokenized Stocks
Tracks
POWL
Underlying ISIN
US7391281067
Token ISIN
CH1588662960
Yield source
POWL price performance
Network
Solana / Ethereum (+9)
Jurisdiction
Jersey / EU service (CySEC)

Spread to savings

BP