Price change (24h):
0.00%
High (24h):
$83.97
Low (24h):
$83.97
Volume (24h):
$83.97
Market Cap:
$171.35K
All Time High:
93.96% $1389.86
Jul 4, 2026
All Time Low:
14% $73.87
Jun 2, 2026
0.00 %(1Y)
$83.97
Price change (24h):
0.00%
High (24h):
$83.97
Low (24h):
$83.97
Volume (24h):
$83.97
Market Cap:
$171.35K
All Time High:
93.96% $1389.86
Jul 4, 2026
All Time Low:
14% $73.87
Jun 2, 2026
Medtronic tokenized stock (xStock) (MDTX) is a cryptocurrency representing a fully collateralized claim on common shares of Medtronic plc, bridging traditional equity markets with decentralized infrastructure.
The asset belongs to the xStocks suite—tokenized stocks issued by Backed Finance AG—which mediates the friction of cross-border securities ownership. Non-US investors historically faced custodial hurdles, broker gatekeeping, and settlement delays to access US equities; this instrument absorbs those layers into a single, composable ERC-20 and SPL token. It grants a direct legal claim to the underlying stock’s value, fully compliant with EU prospectus regulations, and trades across both centralized venues and automated market makers.
Medtronic tokenized stock (xStock) operates on the Solana network. Simultaneously, mirrored contracts deploy the token on Ethereum, Arbitrum One, and Binance Smart Chain, with an identical contract address 0x0588e851ec… across all EVM-compatible chains.
The multi-chain architecture leverages Solana’s SPL standard for high-speed, low-cost settlement, while the EVM instances conform to the ERC-20 blueprint. This twin-standard design ensures fungibility across disparate ecosystems, enabling a holder to move exposure from a Solana wallet to an Arbitrum liquidity pool without altering the underlying 1:1 backing. Each token remains redeemable for the underlying Medtronic shares held by a licensed Swiss custodian.
Backed Finance AG, a Swiss entity specializing in tokenized real-world assets, developed the xStocks framework to package equities into standardized on-chain instruments. Medtronic xStock joined a portfolio spanning 57 US stocks and ETFs, all governed by identical collateralization and transparency mechanisms. The project does not disclose a single founder; rather, it reflects the institutional infrastructure of Backed Finance, which complies with MiFID II and operates under Swiss DLT law.
The overarching objective is to fragment the jurisdictional monoliths that segregate capital markets. By recasting a New York Stock Exchange-listed security as a bearer asset on permissionless ledgers, the protocol unbundles the geographic and temporal restrictions of traditional finance, making US equity exposure available 24/7 and composable with algorithmic lending, yield aggregation, and decentralized leverage protocols.
Mechanically, MDTX functions as a delivery-versus-payment wrapper. Holders gain proportional entitlement to Medtronic’s price movements and any distributed dividends, without ever holding a corporate share certificate in their name. The token can be split into fractional units, deposited into lending pools as collateral, or paired against stablecoins in liquidity provision—all while the underlying stock remains immobilized with the custodian.
An algorithmic trader captures arbitrage between the token’s on-chain price and Medtronic’s NYSE quote by minting or redeeming MDTX directly with Backed Finance. A DeFi user supplies MDTX-USDC liquidity on a Solana DEX, earning swap fees while retaining long stock exposure. A yield protocol accepts MDTX as security for borrowing other assets, converting a static equity holding into a productive financial pledge.
Medtronic tokenized stock (xStock) has a total supply of 749,873.33 tokens. Currently, 2,145.35 are in circulation. These figures reflect minting windows controlled by the issuer’s collateralization schedule, where additional tokens enter supply only upon verified deposit of equivalent shares. With a market capitalization of $179,775.00, Medtronic tokenized stock (xStock) ranks #4,959 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 10/07/2026 | $83.95 | $83.97 | $83.97 | $83.95 |
| 09/07/2026 | $82.21 | $83.95 | $83.95 | $82.21 |
| 08/07/2026 | $82.31 | $82.21 | $82.31 | $82.21 |
| 07/07/2026 | $83.15 | $83.15 | $83.15 | $83.15 |
| 06/07/2026 | $81.27 | $81.27 | $81.27 | $81.27 |
| 04/07/2026 | $1,389.72 | $1,389.72 | $1,389.72 | $1,389.72 |
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.