Price change (24h):
0.00%
High (24h):
$124.81
Low (24h):
$124.81
Volume (24h):
$275.5
Market Cap:
$247.58K
All Time High:
5.88% $132.60
Jul 8, 2026
All Time Low:
32% $94.56
Nov 20, 2025
0.00 %(1Y)
$124.81
Price change (24h):
0.00%
High (24h):
$124.81
Low (24h):
$124.81
Volume (24h):
$275.5
Market Cap:
$247.58K
All Time High:
5.88% $132.60
Jul 8, 2026
All Time Low:
32% $94.56
Nov 20, 2025
Merck tokenized stock (xStock) is a cryptocurrency within the tokenized equities and real-world asset sector. No launch year has been publicly recorded.
The token functions as a compliant, digital wrapper for Merck common stock. Backed 1:1 by the underlying security held with a licensed custodian, it eliminates geographic and brokerage barriers that have traditionally excluded non-US investors from direct US equity ownership. The asset directly addresses the friction of cross-border settlement and restricted market access.
Merck tokenized stock (xStock) operates on the Solana network. The project also maintains contract deployments on Ethereum, Arbitrum One, Mantle, and The Open Network. Fragmentation across chains diffuses single-ecosystem risk while forcing no reliance on any single validator architecture.
Verified contract addresses sit on five distinct chains. The token’s design treats each host network as a settlement layer, inheriting finality and security strictly from the chain that processes the transaction. No cross-chain bridge logic is native to the asset itself.
BackedFi, the issuing entity behind the xStocks suite, launched this product without naming individual founders. The xStocks framework arrived with a clear regulatory mandate: compliance with EU securities laws and explicit accessibility for non-US persons. From inception, the MRKX token was structured to carry a legal claim on the underlying equity, not merely synthetic price exposure.
The broader mission is to dismantle the legacy brokerage apparatus that has long cordoned off US stock markets from global retail participants. Encoding ownership into transferable on-chain tokens sidesteps custodial intermediaries and cross-border clearing delays. Market hours become irrelevant when settlement is atomic.
Mechanically, each MRKX token represents a unit of Merck common stock held by a regulated custodian. When a token changes hands on-chain, the beneficial interest in the underlying share travels with it, enabling peer-to-peer equity settlement without a traditional transfer agent. The token serves as collateral in lending protocols or gets pooled into decentralized exchange liquidity pairs just like any native DeFi asset.
Liquidity providers inject MRKX into automated market makers on Solana or EVM-compatible chains to earn swap fees. Borrowers lock the token in money market contracts to draw stablecoin loans against their equity position, preserving upside while unlocking liquidity. Yield strategies may involve recursive supply loops or delta-neutral hedging against the token’s price fluctuations.
Merck tokenized stock (xStock) has a total supply of 723,540.09 tokens. Currently, 2,638.05 MRKX are in circulation. With a market capitalization of $294,898.00, Merck tokenized stock (xStock) ranks #4,326 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 10/07/2026 | $124.81 | $124.81 | $124.81 | $124.81 |
| 09/07/2026 | $127.19 | $124.81 | $127.19 | $124.81 |
| 08/07/2026 | $127.20 | $132.60 | $132.60 | $127.20 |
| 07/07/2026 | $128.94 | $127.20 | $128.94 | $127.20 |
| 06/07/2026 | $126.64 | $128.94 | $128.94 | $126.64 |
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.