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Medtronic xStock

Medtronic xStock

MDTX

0.00 %(1Y)

$83.97

Price chart

Statistics

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

About Medtronic xStock

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.

Medtronic xStock Historical Price Data

Date Open Close High Low
$83.95 $83.97 $83.97 $83.95
$82.21 $83.95 $83.95 $82.21
$82.31 $82.21 $82.31 $82.21
$83.15 $83.15 $83.15 $83.15
$81.27 $81.27 $81.27 $81.27
$1,389.72 $1,389.72 $1,389.72 $1,389.72
Why is manual trading Medtronic xStock a bad idea?
Manual mdtx trading
  • Miss perfect entry/exit
  • Emotional decisions
  • Huge time to monitor
Stoic AI
  • 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

Try Automated MDTX Trading

FAQ

  • Medtronic xStock (MDTX) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live MDTX price, market cap, and 24-hour trading volume at the top of this page.
  • The current price of Medtronic xStock (MDTX) is $83.97. Over the last 24 hours, it has moved 0.00%. Crypto prices update continuously, so short-term changes can happen quickly.
  • You can buy Medtronic xStock on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.

    The smartest way to manage your MDTX investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading.
  • Medtronic xStock's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - MDTX can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
  • We can’t provide investment advice. Whether Medtronic xStock is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
  • Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
  • Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. MDTX can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
  • With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
  • You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.

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.

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