Steel Dynamics xStock
Peers · Tokenized security
| TICKER | ISSUER | YIELD | vs SAV | RISK | MIN |
|---|
Same underlying · Steel Dynamics
3 WAYS INDescription
ISSUER DOCSToken 1:1 backed by STLD (ISIN US8581191009), issued by Backed. Imported from the issuer catalogue — identity is sourced, the figures are not checked per instrument.
Buying · Q&A
4 QUESTIONSHow do I buy STLDx?+
Buy on Kraken, optionally withdraw to a Solana wallet. The issuer names these venues: Kraken, Bybit, Solana DEXs. The token runs on Solana / Ethereum (+8).
Who can buy STLDx?+
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 STLDx the same as owning STLD 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 STLD?+
Besides STLDx, STLD is available as STLDon (Ondo Global Markets (BVI)), STLD (Dinari). They track the same security but differ in issuer, legal structure, chain and target market.
Where to trade
SECONDARY MARKETNo market data for STLDx yet — buy through the issuer below.
Issuer · primary market
SUBSCRIBE / REDEEMBuy on Kraken, optionally withdraw to a Solana wallet
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
- STLD
- Underlying ISIN
- US8581191009
- Token ISIN
- CH1580494354
- Yield source
- STLD price performance
- Network
- Solana / Ethereum (+8)
- Jurisdiction
- Jersey / EU service (CySEC)