Price change (24h):
0.77%
High (24h):
$299.87
Low (24h):
$291.59
Volume (24h):
$464.18
Market Cap:
$415.61K
All Time High:
31.56% $434.48
May 31, 2026
All Time Low:
39% $213.91
May 13, 2026
0.00 %(1Y)
$297.35
Price change (24h):
0.77%
High (24h):
$299.87
Low (24h):
$291.59
Volume (24h):
$464.18
Market Cap:
$415.61K
All Time High:
31.56% $434.48
May 31, 2026
All Time Low:
39% $213.91
May 13, 2026
International Business Machines tokenized stock (IBMX) is a cryptocurrency that collateralizes a direct claim on the equity value of IBM common stock. Falling squarely within the tokenized real-world asset vertical, it forms part of the BackedFi xStocks suite of regulated, composable financial instruments.
The token solves a very old, very stubborn problem. Non-U.S. capital has been structurally locked out of direct American equity ownership for decades—trapped behind jurisdictional silos, excessive intermediary fees, and archaic settlement rails. IBMX shreds that model by delivering a bearer instrument that carries a legal right to the underlying share’s economic performance, all while living natively on decentralized exchange orderbooks and lending pools.
IBMX operates on the Solana network. The asset’s footprint, however, spans much further—identical contract instances also anchor into Ethereum, Arbitrum One, and BNB Smart Chain, each tethered to the same off-chain reserve of IBM shares. The architecture enforces a strict 1:1 backing ratio across every chain, eliminating cross-venue price fragmentation.
Solana-bound tokens rely on the SPL standard, whereas the EVM-compatible deployments—on Arbitrum, mainnet Ethereum, and BNB Chain—conform to ERC-20 interfaces. No minting or burning occurs outside the issuer’s custody; every token enters circulation only against verified depositary receipts. Total contract immobility prevents any on-chain modification to the supply logic.
The xStocks framework emerged from BackedFi, an entity laser-focused on regulated tokenization of traditional securities. IBMX arrived as one component of a broader push that now encompasses 57 tokenized U.S. stocks and ETFs, all bundled within the same compliance shell. The initiative sidesteps the typical broker-dealer onboarding friction that has kept offshore retail capital on the sidelines.
The underlying objective is not merely to replicate an equity tracker in token form. It is to rewire the geolocation-based permissioning of capital markets. By encoding a direct legal claim into a programmable token and wrapping the whole structure in EU-compliant frameworks, the design undercuts the long-running reality that a passport determined portfolio access far more than a credit rating did.
Inside the protocol, the IBMX token functions as the instantaneous settlement leg for IBM equity exposure. It carries no governance weight, no staking yield, and no fee-distribution rights—it simply represents the pro-rata economic benefit of a fully reserved stock. That representation is transferable, divisible, and collateralizable without calling a prime broker or filing cross-border paperwork.
An arbitrageur might route IBMX through an automated market maker to capture pricing divergences against the Nasdaq-listed security. A decentralized lending pool can accept IBMX as first-class collateral, issuing stablecoin loans against equity value while the token sits in a smart contract vault. A non-U.S. individual seeking direct IBM exposure acquires the token through a DEX, holds it for the duration of earnings season, and later redeems through the BackedFi mechanism without ever crossing into a U.S. regulatory perimeter.
IBMX has a total supply of 249,517.36 tokens. Currently, 1,440.48 tokens are in circulation. With a market capitalization of $327,146.00, International Business Machines tokenized stock ranks #4,193 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 10/07/2026 | $293.08 | $294.65 | $299.87 | $293.08 |
| 09/07/2026 | $302.05 | $293.08 | $307.53 | $291.59 |
| 08/07/2026 | $310.73 | $302.05 | $310.96 | $299.30 |
| 07/07/2026 | $288.93 | $310.73 | $310.73 | $288.93 |
| 06/07/2026 | $281.89 | $288.93 | $293.96 | $281.89 |
AI trades 24/7 automatically Catch every opportunity
Zero-emotion algorithm Disciplined strategy
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
Disclaimer:
This website is operated by Cindicator Ltd. (“Cindicator”), a Gibraltar private company. You are solely responsible for compliance with all laws that may apply to you and your use of Cindicator products. Cryptocurrencies and blockchain technologies have been the subject of scrutiny by regulatory bodies worldwide. With respect to your use of Cindicator products, Cindicator makes no representations regarding the applicability or compliance of its products with any laws or regulations, including, without limitation, those related to trading, options, derivatives, or securities. You also assume all legal, economic, and other risks related to your use of Cindicator products, including legal uncertainty, market volatility, and information security risks, among others. Trading in cryptocurrencies and digital assets is highly speculative, and the value of investments can fluctuate dramatically. You may lose a substantial portion or even all of your invested capital, and such trading may not be suitable for everyone. If you are unsure about these risks or your ability to bear potential losses, you should consult with an independent financial advisor before using Cindicator products. Depending on your jurisdiction, access to or use of Cindicator products may be subject to certain legal restrictions or prohibitions. You agree that it is solely your responsibility to determine and comply with any laws and regulations applicable to your use of Cindicator products, and that Cindicator is not responsible for informing you of such requirements.
Cindicator reserves the right to restrict or refuse access to its products for citizens or residents of certain jurisdictions, including those subject to international sanctions or other legal restrictions. All materials provided on this website (including any graphical materials regarding trading strategy performance or P&L) are presented solely for marketing and informational purposes. They do not guarantee any future profits and should not be construed as financial, investment, legal, or other professional advice. Cindicator is not a registered broker-dealer, investment adviser, or regulated financial institution, and the information and services provided do not constitute personal investment advice or a recommendation or offer to buy or sell any securities, cryptocurrencies, or other financial instruments. The information provided herein is summary in nature, does not purport to be complete, and is provided “as is” without any warranty as to its accuracy or completeness. All content may be updated or changed at any time without notice. Past performance is not indicative of future results. To the maximum extent permitted by law, Cindicator (including its directors, officers, and affiliates) shall not be liable for any loss or damage (direct, indirect, special, consequential, or incidental) arising from your use of Cindicator products, this website, or any information contained herein. Please read our Terms of Use for further details. If you do not agree with these terms, please close this site.