Amazon xStock

AMZNX Price

About Amazon xStock (AMZNx)

Amazon xStock is a tokenized security that provides on-chain exposure to the price performance of Amazon.com Inc. (AMZN) shares.

• 1:1 Asset Backing: Each token is fully collateralized by a corresponding share of Amazon stock held in regulated custody.
• DeFi Composability: The token functions as a standard blockchain asset, allowing it to be used in decentralized lending and liquidity protocols.
• 24/7 Accessibility: While traditional markets have limited hours, AMZNx can be traded around the clock on supported digital asset exchanges.

What Is Amazon xStock

Amazon xStock (AMZNx) is a digital representation of publicly traded equity designed to bridge traditional capital markets with the blockchain economy. It belongs to the Real World Assets (RWA) category, where physical or financial assets are brought on-chain to enhance liquidity and accessibility. The primary purpose of the token is to provide non-U.S. investors with a legal claim to the economic value of Amazon shares without requiring a traditional brokerage account.

Value moves through the system via a mint-and-burn mechanism. When an authorized participant initiates an issuance, the underlying Amazon shares are purchased and placed in custody, after which an equivalent amount of AMZNx tokens is minted. Conversely, when tokens are redeemed, the underlying shares are sold and the tokens are permanently removed from circulation. The token is "put to work" primarily as a liquid investment vehicle and as a building block for decentralized finance, where it can serve as a collateral asset or a component in automated trading strategies. As the ecosystem grows, this model scales by allowing a wider variety of platforms and protocols to integrate standardized equity exposure into their services.

What Makes Amazon xStock Unique

• Regulatory Framework: AMZNx is issued under a compliant legal structure that provides holders with a direct legal claim to the value of the underlying stock.
• Bankruptcy Remoteness: The assets are held in a Special Purpose Vehicle (SPV), meaning they are legally isolated from the issuer’s balance sheet to protect token holders.
• Multi-Chain Availability: It is issued natively across several major networks, including Ethereum, Solana, Mantle, and The Open Network.
• Automatic Corporate Actions: Economic events such as stock splits or dividends are handled through an on-chain rebasing mechanism, ensuring the token balance always reflects the correct 1:1 exposure.

What Can You Use Amazon xStock for?

• On-chain Equity Exposure: Hold a digital representation of Amazon stock directly in a self-custodial wallet.
• Collateralization: Use AMZNx as backing to borrow stablecoins or other assets in decentralized lending markets.
• Liquidity Provision: Deposit tokens into automated market maker (AMM) pools to facilitate trading and potentially earn protocol service fees.
• Portfolio Diversification: Combine traditional equity exposure with crypto-native assets in a single, unified on-chain portfolio.

How Does Amazon xStock Work?

Amazon xStock operates using a 1:1 collateralization model. For every AMZNx token in circulation, a licensed custodian holds one share of Amazon.com Inc. stock. This backing is governed by a three-party Account Control Agreement and is subject to publicly verifiable proof of reserves, ensuring that the number of tokens on-chain matches the assets held off-chain.

Transactions involving AMZNx are processed on the underlying blockchain network, such as Ethereum or Solana. Users must pay network gas fees—the cost required to process a transaction on a blockchain—to transfer or trade the token. Because AMZNx is an application utility token rather than a native network asset, it does not power the blockchain itself; instead, it utilizes the existing infrastructure to enable immediate settlement and 24/7 global transfers.

Team Info and Investors

Amazon xStock is part of the xStocks network, a collaborative alliance of exchanges and protocols. The tokens are issued by Backed, a specialized provider of tokenized real-world assets. The project’s governance involves a decentralized alliance of partners, including major platforms like Kraken and Jupiter, who work to maintain liquidity and integration standards. The underlying collateral is managed by regulated financial institutions, such as Alpaca Securities, ensuring that the asset-backing remains compliant with existing securities laws.

Where can you buy Amazon xStock?

AMZNX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Amazon xStock is BloFin, where the most active trading pair AMZNX/USDT has a trading volume of $14,888,849.62 in the last 24 hours. Other popular options include Gate and LBank.

What is the daily trading volume of Amazon xStock (AMZNX)?

The trading volume of Amazon xStock (AMZNX) is $16,926,961.30 in the last 24 hours, representing a 17.50% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Amazon xStock (AMZNX)?

Amazon xStock (AMZNX) reached an all-time high of $1,080.70 and an all-time low of $197.17. It’s now trading -79.00% below that peak and 15.30% above its lowest price.

What is the market cap of Amazon xStock (AMZNX)?

Market capitalization of Amazon xStock (AMZNX) is $5,494,012 and is ranked #1476 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of AMZNX tokens (24 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Amazon xStock (AMZNX)?

The fully diluted valuation (FDV) of Amazon xStock (AMZNX) is $113,644,047. This is a statistical representation of the maximum market cap, assuming total number of 500 Thousand ETH tokens are in circulation today.

How does the price performance of Amazon xStock compare against its peers?

With a price decline of -6.10% in the last 7 days, Amazon xStock (AMZNX) is underperforming the global cryptocurrency market which is down -4.80%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.