# EquityLayer — full corpus

> Make your AI better at stock research.
> Official sources, a maintained investment view, and the next check —
> research your AI agent picks up where the last check left off.
> Source-linked Research Packs, a public Claim Ledger, and a free Library
> back it. A Pack preserves an official source, a dated comparison, known
> limits, and the next research checkpoint. EquityLayer does not provide
> investment advice or return forecasts. The Library is a free input catalog.

## For agents

The fundamental intelligence layer for investment agents.
Cross-Pacific AI infrastructure research that traces US demand across Taiwan, Japan, and Korea and verifies each link with source-linked evidence.
A curated research harness for Claude, Codex, Hermes, and any agent doing investment research.
The agent keeps its model and tools. EquityLayer supplies research context, source rules, evidence checks, and saved research state.
1. Load context: start with a company, theme, or existing investment view.
2. Route sources: use an approved source or a financial connector that is already available to the agent.
3. Check change: compare new evidence with the previous view and keep evidence gaps explicit.
4. Return state: show what changed, why it matters, affected companies, and the next check.
Loop: Map the industry (live) → Find the evidence (live) → Maintain the view (on request).
Future action: the view as of that moment can go with the user, or an agent they authorize, to their broker; they approve, the broker executes. EquityLayer never executes on its own and never holds credentials, positions, or funds.
Agent-paid results: x402 on Solana devnet via a local bridge — 0.05 USDC for one source-linked Taiwan monthly-revenue refresh, signed result with output hash. Not mainnet.
The local Dashboard is the review surface. Agent architecture: /agents · Connect: /docs

Last updated: 2026-09-08 · Next public verdict: 2027-07-01 · Investment views update on official releases (monthly revenue by the 10th, quarterly earnings): re-fetch monthly or call get_thesis_update.

## First-party agent tools

Remote MCP endpoint: https://equitylayer.io/mcp
Recommended workflow: discover_theses -> test_thesis -> get_thesis_update
AI Compute convenience operation: get_research_update
First call: use theme_id=ai_compute and omit baseline. Save current.version from the INITIAL_SNAPSHOT result locally.
Later calls: send the saved caller-owned baseline Pack version.
First input: {"theme_id":"ai_compute"}
Later input: {"theme_id":"ai_compute","baseline":{"pack_id":"tw-monthly-revenue","version":"taiwan-monthly-revenue:2026-07"}}
Onboarding prompt: start_equitylayer_research
Investment view tools: discover_theses, test_thesis, get_thesis_update
Theme Dashboard tool: get_theme_dashboard_snapshot
Installable Theme Curator skill: https://equitylayer.io/skills/theme-curator.md
Company Tracker resolver: resolve_company_tracker
Installable Company Tracker skill: https://equitylayer.io/skills/company-tracker.md
Discovery returns six research entry points and five Theme Skill Stacks.
Compatibility tools: list_research_packs, get_research_pack, get_research_pack_versions, list_research_frameworks, get_research_framework, get_taiwan_monthly_revenue, get_taiwan_monthly_research_pack, get_research_changes_since, get_research_claim
Investment view catalog JSON: https://equitylayer.io/api/theses
Investment view test JSON: POST https://equitylayer.io/api/thesis/test
Investment view update JSON: POST https://equitylayer.io/api/thesis/update
JSON endpoint: https://equitylayer.io/api/research/monthly-revenue?symbols=2383,3037,8046
Versioned Research Pack JSON: https://equitylayer.io/api/research/pack?symbols=2383,3037,8046
Research Update JSON: https://equitylayer.io/api/research/update?pack_id=tw-monthly-revenue&since_version=taiwan-monthly-revenue:2026-06
Changes JSON: https://equitylayer.io/api/research/changes?since=2026-06&symbols=2383,3037,8046
Human-readable pack: https://equitylayer.io/research/monthly-revenue
The Research State MCP is read-only, requires no API key for the beta pack, calls no
language model at request time, and returns source attribution, as-of date, reporting
period, separate reported-fact, management-claim, inference, and unknown layers, official
evidence state, public claim status, version lineage, freshness, and a next trigger inside the tool result. Current public snapshot: July 2026 compared with June 2026 for
2383.TW, 3037.TW, and 8046.TW, the three listed issuers tied to the first ledger resolution.
The first Theme Skill Stack is AI Compute and Semiconductor Equipment. Its released evidence boundary is the three-company Taiwan monthly-revenue Pack. Read status and fresh_until before presenting it as current.
Taiwan Disclosure is a released evidence-feed entry. It routes to the AI Compute stack with the TW market filter.
Discovery returns filter-aware coverage_status, coverage_version, next_trigger, and next_update_tool fields. Save the coverage version locally when no verified result matches.
Render that coverage result instead of inventing research or showing an empty Dashboard.
The AMAT adapter is WAITING until freshness, source-rights, and Research Lead gates pass. Japan and South Korea require an approved official source from the caller. Do not claim coverage without that source.
The other four Theme Skill Stacks are visible as waiting_for_verified_evidence. Do not fabricate an investment view result for them.
EquityLayer does not store a user-specific investment view or Research Dashboard. The caller owns its local Research Map, Dashboard state, and last-seen Pack versions.
get_thesis_update is for public and private replay. For public research, send the research ID and caller-owned last Pack versions. For private research, call get_thesis_update with portable_research_card.
get_research_update returns what_changed, why_it_matters, affected_companies, typed evidence layers, unknowns, counterevidence, source_links, freshness, and next_trigger.
Activation means that the caller rendered a research or coverage result and saved its baseline locally. Retention means that the caller later checked that baseline.
Its facts, diffs, evidence state, freshness, and trigger are deterministic. A lower-capability model can render the result but cannot change these fields.
V1 exposes research tools only. Execution intent and venue access remain outside the public MCP.

Composable research grid: scope = Macro / Industry / Company / Tokenized
asset. element = Numeric data / Qualitative data / Methods & strategies /
Synthesis & memory. Every capability below is placed on this grid.

## Capabilities

### EquityLayer Taiwan Monthly Revenue
- Scope: Company, Industry
- Element: Numeric data
- Category: Taiwan disclosures
- Type: EquityLayer tool · License: Government Open Data Licence Taiwan 1.0 · Maintenance: Active · Transport: Remote MCP / HTTPS JSON
- Creator: EquityLayer
- Verification: Runtime verified · Checked: 2026-08-13 · Authentication: None for the public sample pack
- Evidence: The official TWSE endpoint returned the July 2026 records for 2383, 3037, and 8046; EquityLayer's versioned pack, JSON endpoints, and MCP initialize, tools/list, and tools/call succeeded locally against the same source-backed snapshot and prior-period changes.
- Endpoint: https://openapi.twse.com.tw/v1/opendata/t187ap05_L
- Known limitations: The public beta currently includes the three listed companies tied to the first claim-ledger resolution. | This pack reports disclosed revenue changes; it does not produce a valuation, recommendation, or causal investment conclusion.
- Source: https://data.gov.tw/dataset/18420
- Use: https://equitylayer.io/research/monthly-revenue
- Page: https://equitylayer.io/library/equitylayer-taiwan-monthly-revenue
- Tags: Monthly revenue, Taiwan, No API key

A first-party, agent-readable research pack for Taiwan-listed monthly revenue, with deterministic MoM/YoY changes and source attribution in every response.

### Financial Datasets MCP
- Scope: Company
- Element: Numeric data
- Category: Fundamentals
- Type: Open source · License: MIT · Maintenance: Review needed · Transport: stdio
- Creator: Financial Datasets
- Verification: Source verified · Checked: 2026-07-30 · Authentication: Financial Datasets API key
- Evidence: Repository, installation instructions, and stdio configuration were independently inspected.
- Last source update: 2025-06-05
- Source revision: 08e7a3dbb949d3d99bbd6d6f3a22e5f02973ec58
- Known limitations: Credential-gated data calls were not run. | Last source update is over one year old; re-review before production use.
- Source: https://github.com/financial-datasets/mcp-server
- Page: https://equitylayer.io/library/financial-datasets-mcp
- Tags: Statements, Prices, News

Financial statements, prices, company news, and crypto market data through a typed MCP interface.

### SEC EDGAR MCP
- Scope: Company
- Element: Qualitative data
- Category: Filings
- Type: Open source · License: AGPL-3.0 · Maintenance: Active · Transport: stdio / HTTP
- Creator: Stefano Amorelli
- Verification: Runtime failed · Checked: 2026-07-30 · Authentication: None for local stdio; deployment controls required for HTTP
- Evidence: Repository and current documentation were verified. A clean PyPI smoke test failed during startup because mcp.server.fastmcp was unavailable.
- Last source update: 2026-05-26
- Source revision: c9726addaecec76f8a225f54e77d4ab955f8ddfb
- Known limitations: The documented Docker runtime could not be tested because Docker was unavailable. | Do not treat this listing as runtime-ready until the recommended Docker image or dependency fix passes.
- Source: https://github.com/stefanoamorelli/sec-edgar-mcp
- Page: https://equitylayer.io/library/sec-edgar-mcp
- Tags: 10-K, 10-Q, XBRL

Search filings, retrieve filing sections, parse XBRL financials, and inspect insider transactions.

### Alpha Vantage MCP
- Scope: Company, Macro
- Element: Numeric data
- Category: Market data
- Type: Official API · License: MIT · Maintenance: Active · Transport: Remote / stdio
- Creator: Alpha Vantage
- Verification: Endpoint verified · Checked: 2026-07-30 · Authentication: OAuth / Alpha Vantage API key
- Evidence: The official remote endpoint returned the expected OAuth challenge and the maintained source repository was inspected.
- Endpoint: https://mcp.alphavantage.co/mcp
- Last source update: 2026-07-26
- Source revision: 536aa32e194f8e1483bfde6abdd680ebc161dd84
- Known limitations: No credentialed market-data call was run.
- Source: https://github.com/alphavantage/alpha_vantage_mcp
- Page: https://equitylayer.io/library/alpha-vantage-mcp
- Tags: Equities, Time series, Official

Official market-data connector for current and historical equity workflows.

### FMP MCP Server
- Scope: Company, Industry
- Element: Numeric data
- Category: Fundamentals
- Type: Open source · License: MIT · Maintenance: Review needed · Transport: stdio
- Creator: Community
- Verification: Source verified · Checked: 2026-07-30 · Authentication: Financial Modeling Prep API key
- Evidence: Repository, tests, and stdio/SSE/streamable HTTP setup instructions were inspected.
- Last source update: 2025-06-23
- Source revision: 0cac7e78c90d7cf158743d42d706181e732cac9a
- Known limitations: Credential-gated data calls were not run. | Last source update is over one year old; re-review before production use.
- Source: https://github.com/cdtait/fmp-mcp-server
- Page: https://equitylayer.io/library/fmp-mcp-server
- Tags: Ratios, Peers, ETFs

Company profiles, financials, ratios, peers, analyst ratings, ETFs, and market snapshots.

### OpenBB MCP Server
- Scope: Macro, Industry, Company
- Element: Numeric data
- Category: Market data
- Type: Open source · License: AGPL-3.0 · Maintenance: Active · Transport: HTTP / stdio / SSE
- Creator: OpenBB
- Verification: Source verified · Checked: 2026-07-30 · Authentication: Provider-dependent credentials
- Evidence: Official OpenBB documentation and the actively maintained source repository document stdio, SSE, and streamable HTTP support.
- Last source update: 2026-07-20
- Source revision: 3e071fcc2cd9f891cac6040ae60296dba76dab46
- Known limitations: Runtime and data access depend on the selected OpenBB providers and their credentials. | A local package startup was not run in this sweep.
- Source: https://github.com/OpenBB-finance/OpenBB
- Page: https://equitylayer.io/library/openbb-mcp-server
- Tags: Multi-provider, Fundamentals, Established

The OpenBB Platform's endpoints as MCP tools with dynamic discovery: equities, crypto, derivatives, and economic data across many providers. Note: AGPL-3.0 copyleft; underlying data providers need their own keys and terms.

### Massive MCP (Polygon.io)
- Scope: Company
- Element: Numeric data
- Category: Market data
- Type: Official API · License: MIT · Maintenance: Active · Transport: stdio
- Creator: Massive (formerly Polygon.io)
- Verification: Source verified · Checked: 2026-07-30 · Authentication: Massive API key
- Evidence: Official repository, Python requirements, and stdio configuration were inspected.
- Last source update: 2026-05-05
- Source revision: c58ec7e4df7482c53fc4adeb2de0e979f77f3a23
- Known limitations: Credential-gated data calls were not run. | Free-tier market data may be delayed.
- Source: https://github.com/massive-com/mcp_massive
- Page: https://equitylayer.io/library/massive-mcp-polygon-io
- Tags: Equities, Options, Official

Official market-data server: stock, options, forex, and crypto aggregates, trades, quotes, snapshots, fundamentals, and market status. Free tier is delayed data.

### Octagon MCP
- Scope: Company
- Element: Qualitative data
- Category: Fundamentals
- Type: Hosted service · License: MIT wrapper · Maintenance: Active · Transport: stdio → hosted API
- Creator: Octagon AI
- Verification: Source verified · Checked: 2026-07-30 · Authentication: Octagon API key
- Evidence: Maintained wrapper repository and npx stdio configuration were inspected.
- Last source update: 2026-07-09
- Source revision: a3234633fbcc523be4b2ed68233c9e967c0c7fa2
- Known limitations: Credential-gated hosted-agent calls were not run. | Generated synthesis must be checked against primary citations.
- Source: https://github.com/OctagonAI/octagon-mcp-server
- Page: https://equitylayer.io/library/octagon-mcp
- Tags: Filings, Transcripts, Synthesis

Natural-language research agents over SEC filings, earnings call transcripts, financials, and prediction markets. Answers are AI-generated synthesis — verify citations; hosted API key required.

### CoinGecko MCP Server
- Scope: Tokenized asset
- Element: Numeric data
- Category: Tokenized markets
- Type: Official API · License: Apache-2.0 · Maintenance: Active · Transport: Remote HTTP / stdio
- Creator: CoinGecko
- Verification: Runtime verified · Checked: 2026-07-30 · Authentication: None for keyless endpoint; API key for higher limits
- Evidence: MCP initialize, tools/list, documentation search, and a live Bitcoin price tool call all succeeded.
- Endpoint: https://mcp.api.coingecko.com/mcp
- Known limitations: The keyless endpoint uses shared rate limits. | Higher-volume and Pro access require an API key.
- Source: https://docs.coingecko.com/ai-integration/mcp-server
- Page: https://equitylayer.io/library/coingecko-mcp-server
- Tags: Crypto, Prices, Official

Official crypto-data server: real-time prices, market and exchange intelligence, trending assets, and onchain DEX/token analytics. Keyless free tier with shared rate limits.

### DefiLlama MCP
- Scope: Tokenized asset
- Element: Numeric data
- Category: Tokenized markets
- Type: Hosted service · License: Hosted terms · Maintenance: Active · Transport: Remote HTTP
- Creator: DefiLlama
- Verification: Endpoint verified · Checked: 2026-07-30 · Authentication: Paid API plan with OAuth
- Evidence: The official endpoint returned the expected authentication challenge and the product documentation describes 23 tools.
- Endpoint: https://mcp.defillama.com/mcp
- Known limitations: A paid API plan is required. | No authenticated data call was run. | The service documents a one-client connection constraint.
- Source: https://defillama.com/mcp
- Page: https://equitylayer.io/library/defillama-mcp
- Tags: DeFi, TVL, Official

Official hosted server for DeFi data: TVL, protocol stats, DEX volumes, stablecoins, and token prices — the liquidity side of tokenized-asset research. OAuth login required; docs page may block non-browser agents.

### Thesis Stress Test
- Scope: Company
- Element: Methods & strategies
- Category: Risk
- Type: EquityLayer concept · License: Prototype · Maintenance: Concept · Transport: Workflow
- Creator: EquityLayer
- Verification: Concept · Checked: 2026-07-30 · Authentication: Not applicable
- Evidence: EquityLayer workflow concept; no external runtime is claimed.
- Known limitations: Prototype workflow, not a packaged MCP server.
- Page: https://equitylayer.io/library/thesis-stress-test
- Tags: Risk, Thesis, Red team

A proposed workflow that separates evidence, assumptions, counterarguments, and invalidation conditions.

### Tokenized Asset Context
- Scope: Tokenized asset
- Element: Methods & strategies
- Category: Tokenized markets
- Type: EquityLayer concept · License: Prototype · Maintenance: Concept · Transport: Workflow
- Creator: EquityLayer
- Verification: Concept · Checked: 2026-07-30 · Authentication: Not applicable
- Evidence: EquityLayer workflow concept; no external runtime is claimed.
- Known limitations: Prototype workflow, not a packaged MCP server.
- Page: https://equitylayer.io/library/tokenized-asset-context
- Tags: RWA, Equities, Onchain

A proposed layer linking issuer research, token structure, chain liquidity, legal wrapper, and market access.

## Research notes

Each note is written to a stated research cut-off (as-of date) and commits
to dated, falsifiable claims. Every claim is tracked at
https://equitylayer.io/ledger with status Open, Confirmed, Mixed, or Missed —
the record stays public whether a call lands or fails. Notes are research,
not positions: no holdings, entry/exit levels, or sizing are published.

Ledger totals: 3 tracked claims across 2 notes · 1 Open · 2 Confirmed · 0 Mixed · 0 Missed

### The materials sell-off vs the June prints: what July revenue must show
- Slug: materials-wave-mispriced
- Published: 2026-07-18 · Research cut-off (as-of): 2026-07-18
- Coverage: 2383.TW EMC, 8046.TW Nan Ya PCB, 3037.TW Unimicron, 2802.T Ajinomoto, 4063.T Shin-Etsu, 4091.T Nippon Sanso, 1229.TW Lien Hwa
- Page: https://equitylayer.io/research#materials-wave-mispriced
- Claim ledger: https://equitylayer.io/ledger

NVIDIA's GB300-to-Rubin ramp does not only ship more GPUs. Every rack carries more CCL layers, more ABF film, more silicon wafer, and more industrial gas. Many of the companies that make those inputs are in Taiwan and Japan.

Taiwan's materials names printed strong June revenue before selling off alongside the broader market. One company-specific concern was a reported delay to Kyber's 78-layer M9 midplane. Our working view is that the timing change affects the later upgrade leg more than the current Rubin and GB300 ramp. That makes the next monthly revenue release a useful test of whether the sell-off reflects macro pressure or a genuine deterioration in the supply-chain thesis.

Public sources:
- TWSE MOPS monthly revenue summary — June 2026, listed companies (published 2026-07) (https://mopsov.twse.com.tw/nas/t21/sii/t21sc03_115_6_0.html) — Compiled from issuer filings due 2026-07-10. Baseline June figures for 2383.TW, 8046.TW, and 3037.TW; retained as the prior snapshot so the July change can be reproduced. [supports: materials-2383-july, materials-kyber-scope]
  Verify this yourself (machine-readable): https://openapi.twse.com.tw/v1/opendata/t187ap05_L — TWSE open data, JSON, no API key: one row per listed company. Match 公司代號 to the ticker (2383, 8046, 3037), check 資料年月 is 11506 for June 2026, and read 營業收入-當月營收 — the monthly revenue figure, in thousands of NT$.
- TWSE MOPS monthly revenue summary — July 2026, listed companies (published 2026-08-13) (https://mopsov.twse.com.tw/nas/t21/sii/t21sc03_115_7_0.html) — Official July snapshot for 2383.TW at NT$19.21B (+8.31% MoM), 3037.TW at NT$16.25B (+9.11% MoM), and 8046.TW at NT$5.44B (+16.13% MoM). This is the evidence used to resolve both 2026-08-10 claims. [supports: materials-2383-july, materials-kyber-scope]
- EMC (2383.TW) June 2026 revenue announcement — NT$17.73B, +120.7% YoY (2026-07-03) (https://finance.technews.tw/2026/07/03/emc-2383-202606-financial-report/) — The reported June figure sits above the NT$16.74B floor the claim commits to for July; first-half revenue NT$80.34B, +81.8% YoY. [supports: materials-2383-july]
- Ajinomoto — new ABF plant site in Gifu, third production base (official release, 2026-05-07) (https://www.ajinomoto.co.jp/company/en/ir/news/news-20260507_2/main/00/link/20260507_2_E.pdf) — Official supply-side context for the ABF exposure in the bridge; not evidence for either revenue claim.
- Tom's Hardware — NVIDIA Kyber rack timing (2026-07-06) (https://www.tomshardware.com/pc-components/gpus/nvidias-kyber-rack-for-rubin-ultra-slips-to-2028) — Used as architecture-timing context, including NVIDIA's response that its roadmap remained intact; not evidence of current revenue damage. [supports: materials-kyber-scope]

Falsifiable claims (2):
- [Confirmed] materials-2383-july · due 2026-08-10
  Claim: EMC (2383.TW) July revenue holds above NT$16.74B, the floor that keeps year-over-year growth in triple digits.
  Resolution test: MOPS July monthly revenue. At or above NT$17.7B supports the mispricing view; below NT$16.74B together with a guidance cut opens the structural-damage scenario.
  Amendment 2026-07-31: Amended before resolution to map the full outcome space: ≥ NT$17.7B → Confirmed. NT$16.74B–17.7B → Mixed. < NT$16.74B → Missed (with or without a guidance cut; a cut is corroborating context, not a required condition).
  Revisit: Resolved 2026-08-13 against the official July MOPS snapshot: EMC reported NT$19.2067B, above the ≥ NT$17.7B Confirmed band. The July read supports the continuation view; it does not establish valuation or causality.
- [Confirmed] materials-kyber-scope · due 2026-08-10
  Claim: The reported Kyber M9 delay does not bleed into the current ramp: Nan Ya PCB and Unimicron both hold July revenue roughly flat or higher month over month.
  Resolution test: MOPS July monthly revenue for 8046.TW and 3037.TW. Both roughly flat or higher supports a contained timing issue; broad weakness would challenge that interpretation.
  Amendment 2026-07-31: Amended before resolution to replace 'roughly flat' with numeric bands, both companies measured MoM on MOPS July revenue: both ≥ −3% → Confirmed. One ≥ −3%, one below → Mixed. Both < −3% → Missed.
  Revisit: Resolved 2026-08-13 against the official July MOPS snapshot: Nan Ya PCB (8046.TW) was +16.13% MoM and Unimicron (3037.TW) was +9.11% MoM, both above the ≥ −3% Confirmed band. The timing issue remains contained in this test; it does not prove the full supply-chain thesis.

### The tokenized-equity compensation gap is structural, not a drafting slip
- Slug: tokenized-wrapper-compensation-gap
- Published: 2026-07-31 · Research cut-off (as-of): 2026-07-31
- Coverage: Robinhood Stock Token (Robinhood Europe, UAB), NVDA, AAPL, TSLA, MSFT, CRWD
- Page: https://equitylayer.io/research#tokenized-wrapper-compensation-gap
- Claim ledger: https://equitylayer.io/ledger

Robinhood Europe, UAB publishes two current documents that pull in opposite directions on the same question. The PRIIPs Key Information Document for its Stock Tokens says the product is not covered by an investor compensation or deposit insurance scheme. A separate firm-level disclosure says Robinhood Europe participates in Lithuania's Insurance System of Liabilities to Investors, up to EUR 22,000. Both are the issuer's own; neither cross-references the other.

Our reading is that the carve-out is structural rather than a drafting artefact: the Stock Token is an OTC derivative claim on the firm, not a client financial instrument held in custody, so the firm-level insurance is not intended to reach it. If that is right, the wording survives the next annual PRIIPs review unchanged. If instead the two disclosures are reconciled — either by extending coverage language to the product or by dropping the carve-out — our reading was wrong, and the insolvency row on the NVDA evidence card has to be rewritten. This is a claim about a document, resolvable by reading that document, with no market data involved.

Public sources:
- Robinhood Europe, UAB — Key Information Document, US-listed Share / ETP Derivative (production date 1 July 2026; document id 20260626-5664125-17985354) (https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf) — Under 'What happens if Robinhood Europe is unable to pay out?': 'The product is not covered by an investor compensation or deposit insurance scheme.' This is the sentence the claim is about; the same stable URL serves the current revision, so the next revision resolves the claim. [supports: rh-kid-compensation-carveout]
- Robinhood Europe, UAB — Key information on the Insurance of Liabilities to Investors (document id 20260624-5643162-17889778, read 2026-07-31) (https://cdn.robinhood.com/assets/robinhood/legal/key_information_on_the_liabilities_to_investors_insurance_scheme_eu.pdf) — The firm-level scheme the KID's carve-out sits against: participation in Lithuania's Insurance System of Liabilities to Investors, coverage limit EUR 22,000, with loss of investment value excluded. [supports: rh-kid-compensation-carveout]
- Robinhood Europe, UAB — Description of Services, Financial Instruments and Risks, applies from 1 July 2026 (read 2026-07-31) (https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf) — Context for why the two disclosures may be consistent: the Stock Token is a cash-settled OTC derivative contract, and the token representing it is 'non-transferable and non-assignable'. Not evidence for the claim itself.
- EquityLayer — Tokenized-equity issuer-document sweep, 2026-07-31 (raw evidence, every URL and passage) (https://equitylayer.io/curation/evidence/2026-07-31-tokenized-issuer-documents.md) — The full sweep this note came out of, including the questions the documents did not answer.

Falsifiable claims (1):
- [Open] rh-kid-compensation-carveout · due 2027-07-01
  Claim: The next revision of the Robinhood Europe, UAB PRIIPs Key Information Document for Stock Tokens still states that the product is not covered by an investor compensation or deposit insurance scheme.
  Resolution test: Read the KID at cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf on or after 2027-07-01. Confirmed if the section 'What happens if Robinhood Europe is unable to pay out?' still carries the no-compensation-scheme sentence with no coverage extended to the product. Missed if that sentence is removed or qualified so that the Lithuanian liabilities-to-investors scheme is said to reach Stock Tokens. Mixed if the product is withdrawn from the EU offering, or if the document is replaced by one that does not address the question, in which case the note records that and reopens.

## Coverage universe

> We cover what the headline names depend on.

A public, rule-based list of under-covered supply-chain companies. This is a coverage
list, not a set of recommendations. A name is admitted because it passes four published
admission rules; no positions, sizing, timing, or price levels are published for any name.
Page: https://equitylayer.io/coverage · cap bands as of 2026-07

Admission rules (all four must pass):
1. Under US$50B market cap — Market cap below US$50B at the yearly admission review. This is the size band where a single supply-chain fact still moves the whole company. Names that grow past the line graduate off the list in public.
2. Sits at a mapped bottleneck — The company occupies a named chokepoint in the AI supply chain and is a named dependency of a named demand anchor — a specific input, at a specific step, not a loose thematic association.
3. Has a public data cadence — There is a recurring public release we can commit dated, falsifiable claims against — for example Taiwan monthly revenue, filed to MOPS by the 10th of the following month. No cadence means no way to be publicly wrong on a schedule, so no coverage.
4. Under-covered in English — Five or fewer English-language analysts publish regular research on the part of the business that matters here. Where a company is followed in English for a different reason than the one that puts it on this list, that counts as under-covered.

Analyst counts are EquityLayer's own conservative reading of English-language research that is publicly visible, re-checked at each yearly admission review. They are not a vendor consensus count, and local-language sell-side coverage is usually much broader.

### Demand anchors (context nodes — never covered)

Anchors are the mega-cap names the covered list is defined against. EquityLayer
publishes no notes and no claims on an anchor, and no anchor is admitted to the
covered universe. They appear only so each covered name's dependency is legible.
- NVDA — NVIDIA (US): Sets the build schedule for the AI rack. Every name below is sized and timed against this accelerator roadmap.
- TSM — TSMC (TW): Fabricates the accelerators and runs the advanced packaging. Its wafer and packaging capacity is the gate every upstream input is planned around.
- ASML — ASML Holding (NL): Sole maker of EUV lithography systems. The installed EUV base is the reason an EUV consumable market exists at all.
- 005930.KS — Samsung Electronics (KR): The second large-scale advanced-logic and HBM manufacturer — a second demand pole pulling on the same materials and consumables.
- INTC — Intel (US): Foundry and advanced-packaging build-out — a third demand pole for wafers, substrates, gases, and EUV consumables.

### Covered names (3)

#### 2802.T — Ajinomoto
- Market: JP
- Depends on: NVIDIA, TSMC, Intel (NVDA, TSM, INTC)
- Bottleneck role: Makes the ABF insulating film every advanced substrate is laminated with — one material, effectively one qualified supplier, sitting under an entire generation of AI packaging.
- Data cadence: JP quarterly consolidated results — TDnet filing plus company IR release, roughly four to six weeks after quarter end
- Market cap band: ~US$28–32B as of 2026-07
- Cap band source: stockanalysis.com / companiesmarketcap.com, TYO:2802, read 2026-07-31 (¥4.8T)
- English coverage: Followed in English mainly as a food and seasoning company; ≤5 English-language analysts write regularly on the electronic-materials segment that puts it on this list.
- Research note: https://equitylayer.io/research#materials-wave-mispriced

#### 1229.TW — Lien Hwa Industrial Holdings
- Market: TW
- Depends on: TSMC (TSM)
- Bottleneck role: Its industrial-gas arm pipes bulk and specialty gases into Taiwan fabs under long-dated on-site contracts; new fab capacity in Taiwan cannot start up without a gas partner already built into the site.
- Data cadence: TW monthly revenue — MOPS, due the 10th
- Market cap band: ~US$2–3B as of 2026-07
- Cap band source: stockanalysis.com, TPE:1229, read 2026-07-31 (NT$78B)
- English coverage: No consensus contributor found. stockanalysis.com, TradingView and cnyes all show no analyst estimates at all (checked 2026-08-01); English screens still classify it under food and beverage, not semiconductors. Absence from consensus databases is not proof of zero coverage — a domestic broker could publish Chinese-only notes that never reach S&P Global or LSEG.
- Research note: https://equitylayer.io/research#materials-wave-mispriced

#### 3680.TWO — Gudeng Precision Industrial
- Market: TW
- Depends on: ASML Holding, TSMC, Intel, Samsung Electronics (ASML, TSM, INTC, 005930.KS)
- Bottleneck role: Makes the sealed EUV pods that carry and protect EUV photomasks between the lithography tool and storage; a single contaminated mask idles an EUV line, so the container is a qualified part of the process, not packaging.
- Data cadence: TW monthly revenue — MOPS, due the 10th (Taipei Exchange listing)
- Market cap band: ~US$1.5–2B as of 2026-07
- Cap band source: stockanalysis.com, TPEX:3680, read 2026-07-31 (NT$54–56B)
- English coverage: 3 analysts per stockanalysis.com (S&P Global-polled) and Investing.com, 4 on TradingView's 3-month window (checked 2026-08-01); only Morgan Stanley is identifiable by name, so genuine English-language coverage is roughly 1–2. The EUV-consumable position is rarely described in English at all.
- Research note: first note pending — no active Research Pack or public claim yet

### Graduation review (5)

Mapped dependencies that do not currently pass the admission rules. Notes and open
claims already published on them stay public and stay tracked in the ledger, but they
are not part of the covered universe and are not counted as coverage.

#### 8046.TW — Nan Ya PCB
- Market: TW
- Depends on: NVIDIA, TSMC (NVDA, TSM)
- Bottleneck role: Builds the ABF substrates and high-layer-count boards an accelerator package is mounted and routed on; substrate lines take years to add, so this step sets the ceiling on how fast a rack generation can ship.
- Data cadence: TW monthly revenue — MOPS, due the 10th
- Market cap band: ~US$17–23B as of 2026-07
- Cap band source: companiesmarketcap.com / stockanalysis.com, TPE:8046, read 2026-07-31 (NT$540–760B across July 2026)
- English coverage: Fails rule 4. The S&P Global poll via stockanalysis.com shows 11–12 contributing analysts, checked 2026-08-01. Some are local houses publishing in Chinese, but the covering set includes global banks distributing in English.
- Status: Removed from the covered universe 2026-08-01 on rule 4, not rule 1. Admitted on an unverified reading of English-language coverage; a check against stockanalysis.com found 11–12 contributing analysts where we had asserted ≤5. A core ABF-substrate holding in global AI-hardware books is not an under-covered name. The published note and its claims stay public and stay tracked.
- Research note: https://equitylayer.io/research#materials-wave-mispriced

#### 3037.TW — Unimicron
- Market: TW
- Depends on: NVIDIA, TSMC (NVDA, TSM)
- Bottleneck role: The largest supplier of the ABF substrate an accelerator die sits on; substrate capacity is the slowest thing in the packaging chain to expand, which makes it a scheduling constraint rather than a cost line.
- Data cadence: TW monthly revenue — MOPS, due the 10th
- Market cap band: ~US$35–43B as of 2026-07
- Cap band source: companiesmarketcap.com / stockopedia, TPE:3037, read 2026-07-31 (NT$1.14–1.34T across July 2026). Closest name to the US$50B line; first candidate for the next admission review.
- English coverage: Fails rule 4, by the widest margin on the list. stockanalysis.com shows 17 contributing analysts, checked 2026-08-01.
- Status: Removed from the covered universe 2026-08-01 on rule 4, not rule 1 — though it was already flagged as the closest name to the US$50B cap. Admitted on an unverified reading of English-language coverage; a check found 17 contributing analysts where we had asserted ≤5. Anyone could have falsified that claim in thirty seconds, which is the point of publishing the rule. The published note and its claims stay public and stay tracked.
- Research note: https://equitylayer.io/research#materials-wave-mispriced

#### 4091.T — Nippon Sanso Holdings
- Market: JP
- Depends on: TSMC, Intel, Samsung Electronics (TSM, INTC, 005930.KS)
- Bottleneck role: Supplies the ultra-high-purity gases a fab consumes continuously and pipes on site; the supplier is qualified once per fab and rarely changed, so the contract outlives the equipment cycle.
- Data cadence: JP quarterly consolidated results — TDnet filing plus company IR release, roughly four to six weeks after quarter end
- Market cap band: ~US$15–18B as of 2026-07
- Cap band source: stockanalysis.com / companiesmarketcap.com, TYO:4091, read 2026-07-31 (¥2.6T)
- English coverage: Fails rule 4. The company's own IR page lists 8 covering securities firms / 9 analysts (as of January 2026), including Morgan Stanley MUFG, BofA Securities Japan, CLSA Japan and UBS Japan — at least four distribute in English.
- Status: Removed from the covered universe 2026-08-01 on rule 4, not rule 1. A coverage check against the issuer's own analyst list (jp.nipponsanso.com/en/ir/stock/analyst.html, read 2026-08-01) found 8 firms / 9 analysts where we had asserted ≤5 English-language analysts. It is the world's number-four industrial-gas major, not a neglected name. The published note and its claims stay public and stay tracked; the name is not part of the covered universe.
- Research note: https://equitylayer.io/research#materials-wave-mispriced

#### 2383.TW — Elite Material (EMC)
- Market: TW
- Depends on: NVIDIA, TSMC (NVDA, TSM)
- Bottleneck role: Makes the high-speed copper-clad laminate an AI server board is pressed from; at the top signal grades the qualified supplier list is short, which turns a laminate into a scheduling constraint.
- Data cadence: TW monthly revenue — MOPS, due the 10th
- Market cap band: ~US$52–56B as of 2026-07
- Cap band source: stockanalysis.com / tradingview, TPE:2383, read 2026-07-31 (NT$1.70–1.82T)
- English coverage: ≤5 English-language analysts publish regular research; Chinese-language sell-side coverage is far broader.
- Status: Graduation review 2026 — the cap band sits above the US$50B admission line at the 2026-07 check, after a very large twelve-month re-rating. Published notes and open claims on this name stay public and stay tracked; the name is not carried in the covered count until a review puts it back under the line.
- Research note: https://equitylayer.io/research#materials-wave-mispriced

#### 4063.T — Shin-Etsu Chemical
- Market: JP
- Depends on: TSMC, Intel, Samsung Electronics (TSM, INTC, 005930.KS)
- Bottleneck role: The largest supplier of the silicon wafers and photoresist that every leading-edge process starts from; qualification is measured in years, so the position sits underneath all three logic manufacturers at once.
- Data cadence: JP quarterly consolidated results — TDnet filing plus company IR release, roughly four to six weeks after quarter end
- Market cap band: ~US$70–90B as of 2026-07
- Cap band source: companiesmarketcap.com / stockanalysis.com, TYO:4063, read 2026-07-31 (¥11.5–14.5T across 2026)
- English coverage: Broad English-language sell-side coverage — it does not meet the under-covered rule either.
- Status: Anchor-adjacent — graduation review 2026. The cap band is well above the US$50B admission line, and English-language coverage is broad, so the name fails rules 1 and 4. It stays on this page as a mapped dependency and keeps its published note; it is not part of the covered universe.
- Research note: https://equitylayer.io/research#materials-wave-mispriced

The US$50B line is reviewed once a year. When a covered name grows past it, it leaves the covered list in public — the name, the review date, and the cap band that carried it over the line all stay on this page, along with every note and claim already published about it. A coverage list that only ever grows is not a rule, it is a habit.

Research, not advice. A name on this list is a name we commit dated, falsifiable claims about — it is not a recommendation, and no price levels are published.
EquityLayer's researchers may hold positions in covered names; positions, sizing, and timing are never published.

## Tokenized-equity registry

Read-only verification of tokenized-equity wrappers. Every field is either Verified
— against a named public endpoint read at a named instant, or a named issuer document
read on a named date with the section and passage quoted — or Unknown, with the document
that would resolve it. Each Verified row below carries its own source kind and its own
timestamp: endpoint rows move with the snapshot, document rows stay at the date the
document was read. Legal rights, eligibility, insolvency treatment, and fees are settled
only by issuer documents; an endpoint may never verify one of them.
There is no third state. Snapshot only, not a live feed:
quotes are frozen at the as-of instant and must not be used as a price. EquityLayer
holds no wallet, places no order, and performs no transaction; the refresh script
issues GET requests only.

Snapshot as of: 2026-07-30T18:40:05.196Z (publication date 2026-07-31, UTC read date 2026-07-30)
Source: https://api.robinhood.com/rhj · authentication: none (public, read-only) · docs: https://docs.robinhood.com/chain/stock-token-apis/
Live-API verified: yes — Read live from the public Robinhood Chain Stock Token REST API with no authentication. GET only: no wallet, no trading, no transactions.
Registry scan: 96 whitelisted assets · 0 duplicate ticker(s) · chain id(s) 4663 · 13 processed corporate actions in feed
Totals: 5 underlying(s) · 10 wrapper(s) · 231 Verified · 117 Unknown

Carried on every wrapper, resolvable only by issuer documents — Unknown, or
Verified against a named document with the passage quoted:
- Token-holder legal rights — What claim, if any, a token holder holds against the issuer or the underlying shares, and whether voting, proxy, or other shareholder rights pass through to the holder.
- Redemption for underlying shares — Whether a holder can redeem the token for the underlying share, on what terms, at whose discretion, and with what notice period.
- Country and investor eligibility — Which jurisdictions and investor categories are permitted to acquire, hold, or transfer the token.
- Bankruptcy treatment — How the underlying shares are held and segregated, and where token holders rank if the issuer, venue, or custodian becomes insolvent.
- Venue fees — Mint, burn, spread, custody, transfer, and corporate-action handling fees charged by the venue or issuer.
- True secondary-market depth — Resting order-book depth and realised secondary transfer volume, beyond the single top-of-book bid/ask the price endpoint returns.

### NVDA — NVIDIA
- Page: https://equitylayer.io/tokenized/nvda

#### Robinhood Stock Token (live adapter)
- Issuer: Robinhood Europe, UAB · Venue: Robinhood Chain · Token: NVDA
- Fields: 35 Verified · 3 Unknown · 38 total
- Live adapter, plus a documentary layer. Rows sourced from an endpoint were read from the public, unauthenticated Robinhood Chain Stock Token REST API by scripts/refresh-tokenized.mjs. Rows sourced from a document were read by hand from Robinhood Europe's own published documents and carry the section and the passage they rest on.

- [Verified] Underlying company · Underlying ticker (underlying.ticker)
  Value: NVDA
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="NVDA"]
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Underlying company · Underlying company name (underlying.name)
  Value: NVIDIA
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="NVDA"].tokenName, wrapper suffix "• Robinhood Token" removed
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Token name (wrapper.tokenName)
  Value: NVIDIA • Robinhood Token
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="NVDA"].tokenName
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Token symbol (wrapper.tokenSymbol)
  Value: NVDA
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="NVDA"].tokenSymbol
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Onchain asset id (wrapper.assetId)
  Value: 0x00000000000000000000000000000000915f477416294f5099a5e0e09f327ce5
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="NVDA"].id
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Asset status (wrapper.assetStatus)
  Value: Active
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="NVDA"].status (raw: ASSET_STATUS_ACTIVE)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Canonical contract address (contract.address)
  Value: 0xd0601CE157Db5bdC3162BbaC2a2C8aF5320D9EEC
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="NVDA"].deployments[].contractAddress
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Chain id (contract.chainId)
  Value: 4663
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="NVDA"].deployments[].chainId
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Chain (contract.chainName)
  Value: Robinhood Chain
  Source (endpoint): Chain id mapped to a name using https://docs.robinhood.com/chain/ (the API returns the numeric id only)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Registry uniqueness check (contract.registryCheck)
  Value: Unique. Exactly 1 whitelisted asset carries the ticker NVDA across 96 assets, so the ticker binds unambiguously to the contract address above. A look-alike token using the same ticker would not appear in this registry.
  Source (endpoint): GET https://api.robinhood.com/rhj/assets (full whitelist enumerated and counted by ticker)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Corporate actions · Corporate actions in feed (corporateActions.count)
  Value: None. The feed carried 13 processed actions registry-wide and none referenced NVDA.
  Source (endpoint): GET https://api.robinhood.com/rhj/corporate-actions → corpActions[tokenSymbol="NVDA"]
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Corporate actions · Current multiplier (shares per token) (corporateActions.currentMultiplier)
  Value: 1.000000000000000000
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="NVDA"].currentMultiplier
  Observed: 2026-07-30T18:40:05.196Z
- [Unknown] Corporate actions · Pending multiplier change (corporateActions.pendingMultiplier)
  Resolves via: Any announced but not-yet-effective change to the shares-per-token ratio. GET https://api.robinhood.com/rhj/assets returned a record for NVDA at 2026-07-30T18:40:05.196Z but carried no pendingMultiplier, and silence is not a statement that none is pending. Re-read the endpoint — re-run scripts/refresh-tokenized.mjs. Resolve via Robinhood prospectus / Final Terms.
- [Unknown] Corporate actions · Full lifetime corporate-action history (corporateActions.fullHistory)
  Resolves via: The complete record of splits, dividends, and multiplier changes since issuance. Reviewed the Robinhood Europe PRIIPs Key Information Document (1 July 2026) and the Description of Services, Financial Instruments and Risks (from 1 July 2026) on 2026-07-31 — neither publishes a per-token corporate-action register; the Description states the mechanism only, which is recorded at corporateActions.mechanism. The public corporate-actions endpoint returns a short recent window, not a lifetime record. Would require a Robinhood Europe corporate-action register, or the accumulation of dated snapshots over time.
- [Verified] Quote & liquidity · Bid (liquidity.bid)
  Value: 193.2 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/NVDA → quotes[0].bid
  Observed: 2026-07-30T18:39:53.727571396Z
- [Verified] Quote & liquidity · Ask (liquidity.ask)
  Value: 193.22 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/NVDA → quotes[0].ask
  Observed: 2026-07-30T18:39:53.727571396Z
- [Verified] Quote & liquidity · Quote as-of (liquidity.quoteAsOf)
  Value: 2026-07-30T18:39:53.727571396Z
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/NVDA → quotes[0].generatedAt
  Observed: 2026-07-30T18:39:53.727571396Z
- [Verified] Quote & liquidity · Trading halt (liquidity.halted)
  Value: Not halted at quote time.
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/NVDA → quotes[0].isTradingHalt
  Observed: 2026-07-30T18:39:53.727571396Z
- [Verified] Quote & liquidity · Underlying daily trading volume (liquidity.underlyingDailyVolume)
  Value: 83425208
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/NVDA → quotes[0].dailyTradingVolume
  Observed: 2026-07-30T18:39:53.727571396Z
- [Verified] Quote & liquidity · Underlying daily range (liquidity.dailyRange)
  Value: 190.18 – 197.25 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/NVDA → quotes[0].dailyLow / .dailyHigh
  Observed: 2026-07-30T18:39:53.727571396Z
- [Verified] Quote & liquidity · Token mint/burn volume (liquidity.mintBurnTokenVolume)
  Value: 7070.578
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/NVDA → quotes[0].mintBurnTokenVolume
  Observed: 2026-07-30T18:39:53.727571396Z
- [Verified] Quote & liquidity · Mint/burn volume in USD (liquidity.mintBurnUsdVolume)
  Value: 1366106.37538
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/NVDA → quotes[0].mintBurnUsdVolume
  Observed: 2026-07-30T18:39:53.727571396Z
- [Verified] Quote & liquidity · Price basis (liquidity.priceBasis)
  Value: Raw underlying-equity bid/ask, not multiplier-adjusted. Multiply by the current multiplier above for the token-equivalent value.
  Source (document): Robinhood Chain — Stock Token APIs (developer documentation) (Robinhood Markets, Inc., undated page, read 2026-07-31) § /prices — endpoint description and response schema — https://docs.robinhood.com/chain/stock-token-apis/ — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Underlying tradability by session (eligibility.tradingCapabilities)
  Value: Market: whole tradable, fractional tradable · Extended: whole tradable, fractional tradable · Overnight: whole tradable, fractional tradable
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="NVDA"].tradingCapabilities
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Legal rights · Token-holder legal rights (rights.tokenHolderLegalRights)
  Value: No ownership of the underlying share and no shareholder rights — no vote, no proxy, no claim to the share. What the holder has is a contractual claim against Robinhood Europe, UAB, and nothing else.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Objectives — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Redemption for underlying shares (rights.redemptionForUnderlyingShares)
  Value: No. Cash-settled only. Exit is a buy-back by Robinhood Europe at the then-quoted price of the underlying, less fees, requested through the app — the token can never be exchanged for a share.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is the difference between a share/ETP and a share/ETP derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Eligibility · Country and investor eligibility (eligibility.investorEligibility)
  Resolves via: Which jurisdictions and investor categories are permitted to acquire, hold, or transfer the token. Half of this is now answered: see eligibility.investorCategory. The jurisdiction half is not. Reviewed the Robinhood Europe PRIIPs Key Information Document (1 July 2026), the Description of Services, Financial Instruments and Risks (from 1 July 2026), and the Robinhood Terms & Conditions (document id 20250822-4767855-15024375) on 2026-07-31 — none of the three enumerates the countries in which Stock Tokens may be offered, held, or transferred, and none states a US-person restriction for this product. Attempted the Stock Tokens terms and conditions at cdn.robinhood.com on 2026-07-31 — HTTP 403, unavailable. Would require the Robinhood Europe Stock Token customer agreement.
- [Verified] Legal rights · Bankruptcy treatment (rights.bankruptcyTreatment)
  Value: Unsecured single-counterparty exposure to Robinhood Europe, UAB. The KID states the Product is not covered by an investor compensation or deposit insurance scheme; no collateral pool, no security trustee, no ring-fenced pool of NVIDIA shares is described. Read alongside rights.investorInsuranceScheme, which reports the firm-level scheme the issuer publishes separately.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What happens if Robinhood Europe is unable to pay out? — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Venue fees (fees.venueFees)
  Value: Entry 0.10% and exit 0.10% of the amount, stated as the most that will be charged. Management, administrative, operating and transaction costs are all stated at 0.00% per year, and there is no performance fee. The document's own worked example: EUR 20 total cost on EUR 10,000 held for one year.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What are the costs? — Composition of costs — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Quote & liquidity · True secondary-market depth (liquidity.secondaryMarketDepth)
  Value: There is no secondary market to have depth in. The token is non-transferable and non-assignable: minted when the derivative is opened, burned when it is closed. No resting order book, no realised secondary transfer volume. Every entry and exit is bilateral with Robinhood Europe at the then-quoted price of the underlying.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is tokenisation? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · What the token is, in law (wrapper.legalForm)
  Value: An over-the-counter derivative contract with Robinhood Europe, UAB, regulated under MiFID II. The holder's rights come from that contract; the blockchain token represents them. One token per underlying share or unit.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Type — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · Issuing entity and supervisor (wrapper.regulator)
  Value: Robinhood Europe, UAB — a Lithuanian investment firm, legal entity code 306377915, supervised by the Bank of Lithuania. Not the US broker-dealer.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § Product — PRIIP Manufacturer / Competent Authority — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · How corporate actions are applied (corporateActions.mechanism)
  Value: By amending the derivative contract and rebasing the token. That rebasing is what the shares-per-token multiplier in the API expresses.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is a derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Permitted investor category (eligibility.investorCategory)
  Value: Retail clients, as defined by Lithuania's Law on Markets in Financial Instruments transposing MiFID II — but only informed ones: the KID restricts the product to retail investors with specific knowledge and experience of similar products who can bear a total loss.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Intended retail investor — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Currency-conversion fee (fees.currencyConversion)
  Value: 0.10% per transaction on the euro value of the executed FX, charged on the way in and on the way out — this is what the KID's entry and exit costs are. The fee schedule states no other Classic Stock Token trading fee applies. Neither document discloses a spread inside the EUR/USD rate itself.
  Source (document): Standard Pricing Fee Schedule (Robinhood Europe, UAB, document id 20260622-5628651-17828471) § Robinhood Classic Stock Tokens — Trading and FX Fees — https://cdn.robinhood.com/assets/robinhood/legal/fee_schedule_EU.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Dividend treatment (rights.dividendTreatment)
  Value: Dividend amounts pass through as a contractual right under the derivative — not as a shareholder dividend — and the document states they are not guaranteed.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is the difference between a share/ETP and a share/ETP derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Firm-level investor insurance (rights.investorInsuranceScheme)
  Value: Robinhood Europe, UAB participates in Lithuania's Insurance System of Liabilities to Investors, coverage limit EUR 22,000, payable within three months of an insured event; loss of investment value is excluded. This is a firm-level scheme. The KID states separately that this Product is not covered by an investor compensation scheme. EquityLayer does not reconcile the two — both are reproduced as published, and which one governs a Stock Token claim is not settled by the documents reviewed.
  Source (document): Key information on the Insurance of Liabilities to Investors (Robinhood Europe, UAB, document id 20260624-5643162-17889778) § Key information on the Insurance of Liabilities to Investors — https://cdn.robinhood.com/assets/robinhood/legal/key_information_on_the_liabilities_to_investors_insurance_scheme_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Custody and segregation (rights.custodySegregation)
  Value: The derivative positions sit in individual client accounts, segregated from other clients and from Robinhood Europe's own holdings, with no right of use absent explicit consent. Note what this does and does not cover: it is segregation of the derivative position. No pool of underlying NVIDIA shares held for token holders is described anywhere in the documents reviewed.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section II — Description of custody services … 1. US Share Derivatives — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31

Unknown count for Robinhood Stock Token: 3

#### xStocks (Solana) (adapter planned — second rail)
- Issuer: Backed Assets (JE) Limited · Venue: Solana · Token: NVDAx — the issuer's Product Nr. 19.
- Fields: 24 Verified · 14 Unknown · 38 total
- Adapter planned — second rail. Nothing here has been machine-verified. Every Verified row below is a documentary row: read by hand from the issuer's own prospectus, Final Terms, or product page, with the section and the passage recorded. Anything that needs a live read of the chain or a venue stays Unknown until the adapter ships.

- [Verified] Underlying company · Underlying ticker (underlying.ticker)
  Value: NVDA
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.2 Information Concerning the Underlying — Security Codes of the Underlying — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Underlying company · Underlying company name (underlying.name)
  Value: NVIDIA Corporation (ISIN US67066G1040, LEI 549300S4KLFTLO7GSQ80).
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.2 Information Concerning the Underlying — Issuer of the Underlying — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · Token symbol (wrapper.tokenSymbol)
  Value: NVDAx — the issuer's Product Nr. 19.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § Cover page — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · Issuer (wrapper.issuer)
  Value: Backed Assets (JE) Limited — a Jersey private limited company acting as a dedicated issuance vehicle, registered with the Jersey Financial Services Commission, trading as xStocks.
  Source (document): xStocks Docs — Product Legal Overview (issuer documentation site) (Backed Assets (JE) Limited / xStocks, undated page, read 2026-07-31) § Issuer — https://docs.xstocks.fi/docs/product-legal-overview — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · Onchain asset id (wrapper.assetId)
  Value: CH1436219195 — the issuer's ISIN for NVDAx. The issuer identifies the series by ISIN, not by an onchain id.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.1 Information Concerning the Products — ISIN of the Product — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Wrapper identity · Asset status (wrapper.assetStatus)
  Resolves via: Whether the wrapper is currently active, paused, or delisted. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Canonical contract · Canonical contract address (contract.address)
  Value: Three securities-ledger addresses are named for NVDAx: 0xc845b2894dbddd03858fd2d643b4ef725fe0849d, EQCvaOf7acQdU_piADdlcbzsFtA-xJwZoctz8ZOXBdBoaB8, and Xsc9qvGR1efVDFGLrVsmkzv3qi45LTBjeUKSPmx9qEh. The Final Terms do not say which address belongs to which network — see contract.solanaMint for the one the issuer labels Solana.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.1 Information Concerning the Products — Address of smart contract serving as Securities Ledger — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Canonical contract · Chain (contract.chainName)
  Value: Solana (SPL) and Ethereum (ERC-20), per the issuer's product page. The Final Terms name a third securities-ledger address that neither document assigns to a network.
  Source (document): NVIDIA xStock (NVDAx) product page (issuer website, not a prospectus) (Backed Assets (JE) Limited, page states "Last updated on June 30, 2025") § Investment Objective, and Product Details — Network / Chain — https://assets.backed.fi/products/nvidia-xstock — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Canonical contract · Chain id (contract.chainId)
  Resolves via: Solana is not EIP-155 chain-id addressed; the equivalent network identifier is not asserted here. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Canonical contract · Registry uniqueness check (contract.registryCheck)
  Value: Anchored to one named address, not enumerated. The Final Terms for Product Nr. 19 name exactly one Solana securities-ledger address for NVDAx, so a same-ticker mint at any other address is not this product. But Backed publishes no single whitelist counted by ticker, so this is an anchor to a named address rather than the registry-wide uniqueness measurement the Robinhood adapter performs.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.1 Information Concerning the Products — Address of smart contract serving as Securities Ledger — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Corporate actions · Corporate actions in feed (corporateActions.count)
  Resolves via: Processed splits, dividends, and other corporate actions applied to the wrapper. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Current multiplier (shares per token) (corporateActions.currentMultiplier)
  Resolves via: The shares-per-token ratio currently in force. Reviewed the Final Terms for Product Nr. 19 NVDAx (17 November 2025) and the Backed Assets Base Prospectus (8 May 2026) on 2026-07-31 — they fix the denomination basis (recorded at contract.denominationBasis) but publish no observed ratio at any instant, and no proof-of-reserve or attestation report was located. Would require an issuer attestation or an onchain adapter reading supply against custodied shares. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Pending multiplier change (corporateActions.pendingMultiplier)
  Resolves via: Any announced but not-yet-effective ratio change. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Full lifetime corporate-action history (corporateActions.fullHistory)
  Resolves via: The complete record of corporate actions since issuance. Reviewed the Final Terms for Product Nr. 19 NVDAx (17 November 2025) and the Backed Assets Base Prospectus (8 May 2026) on 2026-07-31 — both state the adjustment mechanism (recorded at corporateActions.mechanism) and neither publishes a register of adjustments actually made. Would require an issuer-published adjustment notice archive, which clause XIX. Notices contemplates but does not link. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Bid (liquidity.bid)
  Resolves via: Top-of-book bid. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Ask (liquidity.ask)
  Resolves via: Top-of-book ask. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Quote as-of (liquidity.quoteAsOf)
  Resolves via: The timestamp any quote would be valid at. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Trading halt (liquidity.halted)
  Resolves via: Whether trading in the wrapper or its underlying is halted. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Underlying daily trading volume (liquidity.underlyingDailyVolume)
  Resolves via: Volume traded in the underlying equity. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Token mint/burn volume (liquidity.mintBurnTokenVolume)
  Resolves via: Tokens minted and burned, the primary-market proxy for real wrapper demand. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Eligibility · Underlying tradability by session (eligibility.tradingCapabilities)
  Resolves via: Which trading sessions the wrapper can be transacted in. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Legal rights · Token-holder legal rights (rights.tokenHolderLegalRights)
  Value: A creditor claim against the issuer, secured on collateral allocated to that specific product — not share ownership. No vote, no dividend as a shareholder, no pre-emption, no claim on the underlying shares themselves, and no residual claim on the issuer once the pro-rata realisation proceeds have been paid.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause III. Rights attached to Products — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Redemption for underlying shares (rights.redemptionForUnderlyingShares)
  Value: A holder-initiated redemption right does exist — the Investor Put Option, exercisable at any time by submitting a Redemption Order to the issuer — but it settles in cash or cryptocurrency, never in shares: physical delivery of the underlying is excluded. Settlement runs to T+5 after the issuer receives the tokens, minus Investor Fees, and only after the holder passes KYC/AML; the issuer may reject a redemption on negative findings.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause II. Form and Transferability of Securities, and clause VI.iv Investor Redemption (Investor Put Option) / VI.v Settlement — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Country and investor eligibility (eligibility.investorEligibility)
  Value: Excluded outright: US persons and any US address, jurisdictions where distribution would be unlawful (the prospectus names North Korea, Syria and Iran), and FATF call-for-action jurisdictions. Permitted distribution rests on the FMA Liechtenstein approval notified into 29 named EEA states. Investor category is narrowed too: under Jersey's SPB Order the Products may be issued only to a Professional Investor or to someone who has acknowledged the SPB Order investment warning, and subscription or redemption with the issuer requires passing KYC/AML.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § IMPORTANT INFORMATION — General Sales Restrictions, and Terms and Conditions clause XXV. Selling Restrictions — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Bankruptcy treatment (rights.bankruptcyTreatment)
  Value: Segregated, product-specific collateral with an independent Security Agent holding a lien for investors. Issuer insolvency is a Realization Event: the Security Agent realises that product's collateral and distributes Net Realization Proceeds pro rata to its holders. But holders rank behind the Security Agent, the Custodian and the Paying Account Provider, whose fee and cost claims come out first, and there is no residual claim on the issuer afterwards.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause IV. Collateralization, and clause XXII. Realization Event and Realization of Collateral — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Venue fees (fees.venueFees)
  Value: Primary market: Investor Fees of up to 0.5% of the underlying's market price on issuance and again on redemption, with a USD 100 minimum each way. Ongoing: a Management Fee of up to 0.25% per year, accrued daily at 12:00 UTC; the issuer's product page states none is charged at present. Whatever a secondary-market venue charges is outside these documents.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.1 Information Concerning the Products — Management Fee, Issue Price, Redemption Amount — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Quote & liquidity · True secondary-market depth (liquidity.secondaryMarketDepth)
  Resolves via: Resting order-book depth and realised secondary transfer volume for the wrapper. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the Final Terms for Product Nr. 19 NVDAx (17 November 2025) on 2026-07-31 — neither publishes order-book depth or transfer volume, by design; the Final Terms record only that no market maker is appointed. Unlike the Robinhood token, this one is freely transferable, so a secondary market can exist and its depth is a real, unanswered question. Would require an onchain Solana adapter reading the issuer-named mint, plus order-book data from the venues that list it.
- [Verified] Wrapper identity · What the token is, in law (wrapper.legalForm)
  Value: An open-ended tracker certificate — a debt instrument of the issuer, securitised as a ledger-based security (Registerwertrecht) under art. 973d of the Swiss Code of Obligations. Not a share, not a fund unit, and it pays no interest. The token is the certificate.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause I. Product Type (with clause II. Form and Transferability of Securities) — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · How corporate actions are applied (corporateActions.mechanism)
  Value: Through 'Adjustment Events'. Splits, delistings, capital increases and special dividends all qualify. The issuer decides — at its own discretion, without investor consent — whether one has occurred and what adjustment to make. No fixed formula is published.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause IX. Adjustments for Products related to any Underlying or Collateral — i. Adjustments — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Transfer controls on the token (eligibility.transferControls)
  Value: Freely transferable peer to peer, with one carve-out: the smart contract may block addresses flagged as sanctioned, screened by a third-party oracle. The tokenizer — not the holder — controls the mint, burn, pause and contract-update functions.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause II. Form and Transferability of Securities — Transfer (Übertragung) — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · Named service providers (wrapper.serviceProviders)
  Value: Brokers and custodians: Maerki Baumann & Co. AG, InCore Bank AG, Alpaca Securities LLC. Security Agent: Security Agent Services AG (Zug). Tokenizer: Backed Finance AG, the issuer's parent.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.1 Information Concerning the Products — Broker / Custodian(s) / Security Agent / Tokenizer — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Canonical contract · Solana SPL mint address (contract.solanaMint)
  Value: Xsc9qvGR1efVDFGLrVsmkzv3qi45LTBjeUKSPmx9qEh. The Final Terms list this address as one of three securities ledgers for the Product; the issuer's own product page is what identifies it as the Solana one. No third-party listing, explorer, or exchange help page was used.
  Source (document): NVIDIA xStock (NVDAx) product page (issuer website, not a prospectus) (Backed Assets (JE) Limited, page states "Last updated on June 30, 2025") § Product Details — Smart Contracts (network list) and Network / Chain — https://assets.backed.fi/products/nvidia-xstock — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Canonical contract · Denomination basis (contract.denominationBasis)
  Value: Variable denomination, tracking the underlying price 1:1. This is the documented basis, not an observed shares-per-token ratio at any instant — see corporateActions.currentMultiplier, which stays Unknown.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.1 Information Concerning the Products — Denomination — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · Dividend treatment (corporateActions.dividendTreatment)
  Value: Dividends are never paid out. They are accumulated net of taxes and folded into the underlying's reference value by rebasing, so a distribution shows up in the token's value rather than as cash.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.2 Information Concerning the Underlying — Dividend and/or Interest Payments and/or any other income or payments — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Quote & liquidity · Total issue volume cap (liquidity.issueVolumeCap)
  Value: Up to USD 100,000,000, extendable at the issuer's discretion. A cap on the programme's size — not a measure of tokens actually outstanding.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.1 Information Concerning the Products — Total issue volume — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Quote & liquidity · Appointed market maker (liquidity.marketMaker)
  Value: None. The Final Terms name no market maker for NVDAx, so the issuer makes no commitment about secondary-market liquidity in this product.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.1 Information Concerning the Products — Market Maker — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Minimum subscription with the issuer (eligibility.minimumSubscription)
  Value: USD 5,000 minimum for a primary-market subscription with the issuer; the maximum is the total issue volume. The documents set no minimum for acquiring the token on a secondary market.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.1 Information Concerning the Products — Minimum/maximum subscription amount — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Lending of the collateral (rights.collateralLending)
  Value: Allowed. The Final Terms permit the NVIDIA shares held as collateral for NVDAx to be lent out. Under the Base Prospectus definition of Lent Underlyings, lent shares leave the collateral accounts and are replaced by an equivalent amount of cash.
  Source (document): Final Terms for Product Nr. 19 NVIDIA xStock NVDAx (ISIN: CH1436219195) (Backed Assets (JE) Limited (Jersey), 17 November 2025, replacing the Final Terms dated 29 August 2025) § 1.2 Information Concerning the Underlying — Lending of Underlyings — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69237dca5c7a7cc8f92dc349_Backed%20Assets_Final%20Terms%20Nr%2019%20(NVDAx)_20251117.pdf — read 2026-07-31
  Observed: 2026-07-31

Unknown count for xStocks (Solana): 14

### AAPL — Apple
- Page: https://equitylayer.io/tokenized/aapl

#### Robinhood Stock Token (live adapter)
- Issuer: Robinhood Europe, UAB · Venue: Robinhood Chain · Token: AAPL
- Fields: 35 Verified · 3 Unknown · 38 total
- Live adapter, plus a documentary layer. Rows sourced from an endpoint were read from the public, unauthenticated Robinhood Chain Stock Token REST API by scripts/refresh-tokenized.mjs. Rows sourced from a document were read by hand from Robinhood Europe's own published documents and carry the section and the passage they rest on.

- [Verified] Underlying company · Underlying ticker (underlying.ticker)
  Value: AAPL
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="AAPL"]
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Underlying company · Underlying company name (underlying.name)
  Value: Apple
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="AAPL"].tokenName, wrapper suffix "• Robinhood Token" removed
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Token name (wrapper.tokenName)
  Value: Apple • Robinhood Token
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="AAPL"].tokenName
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Token symbol (wrapper.tokenSymbol)
  Value: AAPL
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="AAPL"].tokenSymbol
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Onchain asset id (wrapper.assetId)
  Value: 0x00000000000000000000000000000000c2425be3658540dd8e2424cbf3c5c649
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="AAPL"].id
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Asset status (wrapper.assetStatus)
  Value: Active
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="AAPL"].status (raw: ASSET_STATUS_ACTIVE)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Canonical contract address (contract.address)
  Value: 0xaF3D76f1834A1d425780943C99Ea8A608f8a93f9
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="AAPL"].deployments[].contractAddress
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Chain id (contract.chainId)
  Value: 4663
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="AAPL"].deployments[].chainId
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Chain (contract.chainName)
  Value: Robinhood Chain
  Source (endpoint): Chain id mapped to a name using https://docs.robinhood.com/chain/ (the API returns the numeric id only)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Registry uniqueness check (contract.registryCheck)
  Value: Unique. Exactly 1 whitelisted asset carries the ticker AAPL across 96 assets, so the ticker binds unambiguously to the contract address above. A look-alike token using the same ticker would not appear in this registry.
  Source (endpoint): GET https://api.robinhood.com/rhj/assets (full whitelist enumerated and counted by ticker)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Corporate actions · Corporate actions in feed (corporateActions.count)
  Value: None. The feed carried 13 processed actions registry-wide and none referenced AAPL.
  Source (endpoint): GET https://api.robinhood.com/rhj/corporate-actions → corpActions[tokenSymbol="AAPL"]
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Corporate actions · Current multiplier (shares per token) (corporateActions.currentMultiplier)
  Value: 1.000000000000000000
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="AAPL"].currentMultiplier
  Observed: 2026-07-30T18:40:05.196Z
- [Unknown] Corporate actions · Pending multiplier change (corporateActions.pendingMultiplier)
  Resolves via: Any announced but not-yet-effective change to the shares-per-token ratio. GET https://api.robinhood.com/rhj/assets returned a record for AAPL at 2026-07-30T18:40:05.196Z but carried no pendingMultiplier, and silence is not a statement that none is pending. Re-read the endpoint — re-run scripts/refresh-tokenized.mjs. Resolve via Robinhood prospectus / Final Terms.
- [Unknown] Corporate actions · Full lifetime corporate-action history (corporateActions.fullHistory)
  Resolves via: The complete record of splits, dividends, and multiplier changes since issuance. Reviewed the Robinhood Europe PRIIPs Key Information Document (1 July 2026) and the Description of Services, Financial Instruments and Risks (from 1 July 2026) on 2026-07-31 — neither publishes a per-token corporate-action register; the Description states the mechanism only, which is recorded at corporateActions.mechanism. The public corporate-actions endpoint returns a short recent window, not a lifetime record. Would require a Robinhood Europe corporate-action register, or the accumulation of dated snapshots over time.
- [Verified] Quote & liquidity · Bid (liquidity.bid)
  Value: 333.59 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/AAPL → quotes[0].bid
  Observed: 2026-07-30T18:39:54.205193037Z
- [Verified] Quote & liquidity · Ask (liquidity.ask)
  Value: 333.61 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/AAPL → quotes[0].ask
  Observed: 2026-07-30T18:39:54.205193037Z
- [Verified] Quote & liquidity · Quote as-of (liquidity.quoteAsOf)
  Value: 2026-07-30T18:39:54.205193037Z
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/AAPL → quotes[0].generatedAt
  Observed: 2026-07-30T18:39:54.205193037Z
- [Verified] Quote & liquidity · Trading halt (liquidity.halted)
  Value: Not halted at quote time.
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/AAPL → quotes[0].isTradingHalt
  Observed: 2026-07-30T18:39:54.205193037Z
- [Verified] Quote & liquidity · Underlying daily trading volume (liquidity.underlyingDailyVolume)
  Value: 34613642
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/AAPL → quotes[0].dailyTradingVolume
  Observed: 2026-07-30T18:39:54.205193037Z
- [Verified] Quote & liquidity · Underlying daily range (liquidity.dailyRange)
  Value: 329.59 – 340.84 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/AAPL → quotes[0].dailyLow / .dailyHigh
  Observed: 2026-07-30T18:39:54.205193037Z
- [Verified] Quote & liquidity · Token mint/burn volume (liquidity.mintBurnTokenVolume)
  Value: 1140.551
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/AAPL → quotes[0].mintBurnTokenVolume
  Observed: 2026-07-30T18:39:54.205193037Z
- [Verified] Quote & liquidity · Mint/burn volume in USD (liquidity.mintBurnUsdVolume)
  Value: 380487.8136
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/AAPL → quotes[0].mintBurnUsdVolume
  Observed: 2026-07-30T18:39:54.205193037Z
- [Verified] Quote & liquidity · Price basis (liquidity.priceBasis)
  Value: Raw underlying-equity bid/ask, not multiplier-adjusted. Multiply by the current multiplier above for the token-equivalent value.
  Source (document): Robinhood Chain — Stock Token APIs (developer documentation) (Robinhood Markets, Inc., undated page, read 2026-07-31) § /prices — endpoint description and response schema — https://docs.robinhood.com/chain/stock-token-apis/ — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Underlying tradability by session (eligibility.tradingCapabilities)
  Value: Market: whole tradable, fractional tradable · Extended: whole tradable, fractional tradable · Overnight: whole tradable, fractional tradable
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="AAPL"].tradingCapabilities
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Legal rights · Token-holder legal rights (rights.tokenHolderLegalRights)
  Value: No ownership of the underlying share and no shareholder rights — no vote, no proxy, no claim to the share. What the holder has is a contractual claim against Robinhood Europe, UAB, and nothing else.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Objectives — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Redemption for underlying shares (rights.redemptionForUnderlyingShares)
  Value: No. Cash-settled only. Exit is a buy-back by Robinhood Europe at the then-quoted price of the underlying, less fees, requested through the app — the token can never be exchanged for a share.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is the difference between a share/ETP and a share/ETP derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Eligibility · Country and investor eligibility (eligibility.investorEligibility)
  Resolves via: Which jurisdictions and investor categories are permitted to acquire, hold, or transfer the token. Half of this is now answered: see eligibility.investorCategory. The jurisdiction half is not. Reviewed the Robinhood Europe PRIIPs Key Information Document (1 July 2026), the Description of Services, Financial Instruments and Risks (from 1 July 2026), and the Robinhood Terms & Conditions (document id 20250822-4767855-15024375) on 2026-07-31 — none of the three enumerates the countries in which Stock Tokens may be offered, held, or transferred, and none states a US-person restriction for this product. Attempted the Stock Tokens terms and conditions at cdn.robinhood.com on 2026-07-31 — HTTP 403, unavailable. Would require the Robinhood Europe Stock Token customer agreement.
- [Verified] Legal rights · Bankruptcy treatment (rights.bankruptcyTreatment)
  Value: Unsecured single-counterparty exposure to Robinhood Europe, UAB. The KID states the Product is not covered by an investor compensation or deposit insurance scheme; no collateral pool, no security trustee, no ring-fenced pool of NVIDIA shares is described. Read alongside rights.investorInsuranceScheme, which reports the firm-level scheme the issuer publishes separately.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What happens if Robinhood Europe is unable to pay out? — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Venue fees (fees.venueFees)
  Value: Entry 0.10% and exit 0.10% of the amount, stated as the most that will be charged. Management, administrative, operating and transaction costs are all stated at 0.00% per year, and there is no performance fee. The document's own worked example: EUR 20 total cost on EUR 10,000 held for one year.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What are the costs? — Composition of costs — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Quote & liquidity · True secondary-market depth (liquidity.secondaryMarketDepth)
  Value: There is no secondary market to have depth in. The token is non-transferable and non-assignable: minted when the derivative is opened, burned when it is closed. No resting order book, no realised secondary transfer volume. Every entry and exit is bilateral with Robinhood Europe at the then-quoted price of the underlying.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is tokenisation? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · What the token is, in law (wrapper.legalForm)
  Value: An over-the-counter derivative contract with Robinhood Europe, UAB, regulated under MiFID II. The holder's rights come from that contract; the blockchain token represents them. One token per underlying share or unit.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Type — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · Issuing entity and supervisor (wrapper.regulator)
  Value: Robinhood Europe, UAB — a Lithuanian investment firm, legal entity code 306377915, supervised by the Bank of Lithuania. Not the US broker-dealer.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § Product — PRIIP Manufacturer / Competent Authority — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · How corporate actions are applied (corporateActions.mechanism)
  Value: By amending the derivative contract and rebasing the token. That rebasing is what the shares-per-token multiplier in the API expresses.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is a derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Permitted investor category (eligibility.investorCategory)
  Value: Retail clients, as defined by Lithuania's Law on Markets in Financial Instruments transposing MiFID II — but only informed ones: the KID restricts the product to retail investors with specific knowledge and experience of similar products who can bear a total loss.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Intended retail investor — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Currency-conversion fee (fees.currencyConversion)
  Value: 0.10% per transaction on the euro value of the executed FX, charged on the way in and on the way out — this is what the KID's entry and exit costs are. The fee schedule states no other Classic Stock Token trading fee applies. Neither document discloses a spread inside the EUR/USD rate itself.
  Source (document): Standard Pricing Fee Schedule (Robinhood Europe, UAB, document id 20260622-5628651-17828471) § Robinhood Classic Stock Tokens — Trading and FX Fees — https://cdn.robinhood.com/assets/robinhood/legal/fee_schedule_EU.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Dividend treatment (rights.dividendTreatment)
  Value: Dividend amounts pass through as a contractual right under the derivative — not as a shareholder dividend — and the document states they are not guaranteed.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is the difference between a share/ETP and a share/ETP derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Firm-level investor insurance (rights.investorInsuranceScheme)
  Value: Robinhood Europe, UAB participates in Lithuania's Insurance System of Liabilities to Investors, coverage limit EUR 22,000, payable within three months of an insured event; loss of investment value is excluded. This is a firm-level scheme. The KID states separately that this Product is not covered by an investor compensation scheme. EquityLayer does not reconcile the two — both are reproduced as published, and which one governs a Stock Token claim is not settled by the documents reviewed.
  Source (document): Key information on the Insurance of Liabilities to Investors (Robinhood Europe, UAB, document id 20260624-5643162-17889778) § Key information on the Insurance of Liabilities to Investors — https://cdn.robinhood.com/assets/robinhood/legal/key_information_on_the_liabilities_to_investors_insurance_scheme_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Custody and segregation (rights.custodySegregation)
  Value: The derivative positions sit in individual client accounts, segregated from other clients and from Robinhood Europe's own holdings, with no right of use absent explicit consent. Note what this does and does not cover: it is segregation of the derivative position. No pool of underlying NVIDIA shares held for token holders is described anywhere in the documents reviewed.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section II — Description of custody services … 1. US Share Derivatives — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31

Unknown count for Robinhood Stock Token: 3

#### xStocks (Solana) (adapter planned — second rail)
- Issuer: Backed Assets (JE) Limited · Venue: Solana · Token: Not established
- Fields: 8 Verified · 22 Unknown · 30 total
- Adapter planned — second rail. Nothing here has been machine-verified. Every Verified row below is a documentary row: read by hand from the issuer's own prospectus, Final Terms, or product page, with the section and the passage recorded. Anything that needs a live read of the chain or a venue stays Unknown until the adapter ships.

- [Unknown] Underlying company · Underlying ticker (underlying.ticker)
  Resolves via: Which underlying the wrapper tracks, as stated by the issuer rather than inferred from the token's name. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for AAPL. Would require the Final Terms for the xStocks series over AAPL; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Underlying company · Underlying company name (underlying.name)
  Resolves via: The registered name of the underlying issuer as stated by the wrapper issuer. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for AAPL. Would require the Final Terms for the xStocks series over AAPL; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Wrapper identity · Token symbol (wrapper.tokenSymbol)
  Resolves via: The token symbol the issuer assigns to this series. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for AAPL. Would require the Final Terms for the xStocks series over AAPL; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Wrapper identity · Issuer (wrapper.issuer)
  Value: Backed Assets (JE) Limited — a Jersey private limited company acting as a dedicated issuance vehicle, registered with the Jersey Financial Services Commission, trading as xStocks.
  Source (document): xStocks Docs — Product Legal Overview (issuer documentation site) (Backed Assets (JE) Limited / xStocks, undated page, read 2026-07-31) § Issuer — https://docs.xstocks.fi/docs/product-legal-overview — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Wrapper identity · Onchain asset id (wrapper.assetId)
  Resolves via: The issuer's canonical identifier for this wrapper. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for AAPL. Would require the Final Terms for the xStocks series over AAPL; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Wrapper identity · Asset status (wrapper.assetStatus)
  Resolves via: Whether the wrapper is currently active, paused, or delisted. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Canonical contract address (contract.address)
  Resolves via: The canonical mint address, and an issuer-published record that would let a look-alike token carrying the same ticker be rejected. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for AAPL. Would require the Final Terms for the xStocks series over AAPL; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Chain (contract.chainName)
  Resolves via: Which networks the issuer publishes a securities ledger on for this series. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for AAPL. Would require the Final Terms for the xStocks series over AAPL; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Chain id (contract.chainId)
  Resolves via: Solana is not EIP-155 chain-id addressed; the equivalent network identifier is not asserted here. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Registry uniqueness check (contract.registryCheck)
  Resolves via: Whether exactly one issuer-named mint carries this ticker, which is what makes a same-ticker fake token detectable. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for AAPL. Would require the Final Terms for the xStocks series over AAPL; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Corporate actions in feed (corporateActions.count)
  Resolves via: Processed splits, dividends, and other corporate actions applied to the wrapper. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Current multiplier (shares per token) (corporateActions.currentMultiplier)
  Resolves via: The shares-per-token ratio currently in force. Reviewed the Final Terms for Product Nr. 19 NVDAx (17 November 2025) and the Backed Assets Base Prospectus (8 May 2026) on 2026-07-31 — they fix the denomination basis (recorded at contract.denominationBasis) but publish no observed ratio at any instant, and no proof-of-reserve or attestation report was located. Would require an issuer attestation or an onchain adapter reading supply against custodied shares. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Pending multiplier change (corporateActions.pendingMultiplier)
  Resolves via: Any announced but not-yet-effective ratio change. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Full lifetime corporate-action history (corporateActions.fullHistory)
  Resolves via: The complete record of corporate actions since issuance. Reviewed the Final Terms for Product Nr. 19 NVDAx (17 November 2025) and the Backed Assets Base Prospectus (8 May 2026) on 2026-07-31 — both state the adjustment mechanism (recorded at corporateActions.mechanism) and neither publishes a register of adjustments actually made. Would require an issuer-published adjustment notice archive, which clause XIX. Notices contemplates but does not link. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Bid (liquidity.bid)
  Resolves via: Top-of-book bid. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Ask (liquidity.ask)
  Resolves via: Top-of-book ask. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Quote as-of (liquidity.quoteAsOf)
  Resolves via: The timestamp any quote would be valid at. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Trading halt (liquidity.halted)
  Resolves via: Whether trading in the wrapper or its underlying is halted. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Underlying daily trading volume (liquidity.underlyingDailyVolume)
  Resolves via: Volume traded in the underlying equity. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Token mint/burn volume (liquidity.mintBurnTokenVolume)
  Resolves via: Tokens minted and burned, the primary-market proxy for real wrapper demand. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Eligibility · Underlying tradability by session (eligibility.tradingCapabilities)
  Resolves via: Which trading sessions the wrapper can be transacted in. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Legal rights · Token-holder legal rights (rights.tokenHolderLegalRights)
  Value: A creditor claim against the issuer, secured on collateral allocated to that specific product — not share ownership. No vote, no dividend as a shareholder, no pre-emption, no claim on the underlying shares themselves, and no residual claim on the issuer once the pro-rata realisation proceeds have been paid.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause III. Rights attached to Products — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Redemption for underlying shares (rights.redemptionForUnderlyingShares)
  Value: A holder-initiated redemption right does exist — the Investor Put Option, exercisable at any time by submitting a Redemption Order to the issuer — but it settles in cash or cryptocurrency, never in shares: physical delivery of the underlying is excluded. Settlement runs to T+5 after the issuer receives the tokens, minus Investor Fees, and only after the holder passes KYC/AML; the issuer may reject a redemption on negative findings.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause II. Form and Transferability of Securities, and clause VI.iv Investor Redemption (Investor Put Option) / VI.v Settlement — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Country and investor eligibility (eligibility.investorEligibility)
  Value: Excluded outright: US persons and any US address, jurisdictions where distribution would be unlawful (the prospectus names North Korea, Syria and Iran), and FATF call-for-action jurisdictions. Permitted distribution rests on the FMA Liechtenstein approval notified into 29 named EEA states. Investor category is narrowed too: under Jersey's SPB Order the Products may be issued only to a Professional Investor or to someone who has acknowledged the SPB Order investment warning, and subscription or redemption with the issuer requires passing KYC/AML.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § IMPORTANT INFORMATION — General Sales Restrictions, and Terms and Conditions clause XXV. Selling Restrictions — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Bankruptcy treatment (rights.bankruptcyTreatment)
  Value: Segregated, product-specific collateral with an independent Security Agent holding a lien for investors. Issuer insolvency is a Realization Event: the Security Agent realises that product's collateral and distributes Net Realization Proceeds pro rata to its holders. But holders rank behind the Security Agent, the Custodian and the Paying Account Provider, whose fee and cost claims come out first, and there is no residual claim on the issuer afterwards.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause IV. Collateralization, and clause XXII. Realization Event and Realization of Collateral — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Fees · Venue fees (fees.venueFees)
  Resolves via: Mint, burn, spread, custody, transfer, and corporate-action handling fees charged by the venue or issuer. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for AAPL. Would require the Final Terms for the xStocks series over AAPL; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · True secondary-market depth (liquidity.secondaryMarketDepth)
  Resolves via: Resting order-book depth and realised secondary transfer volume for the wrapper. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the Final Terms for Product Nr. 19 NVDAx (17 November 2025) on 2026-07-31 — neither publishes order-book depth or transfer volume, by design; the Final Terms record only that no market maker is appointed. Unlike the Robinhood token, this one is freely transferable, so a secondary market can exist and its depth is a real, unanswered question. Would require an onchain Solana adapter reading the issuer-named mint, plus order-book data from the venues that list it.
- [Verified] Wrapper identity · What the token is, in law (wrapper.legalForm)
  Value: An open-ended tracker certificate — a debt instrument of the issuer, securitised as a ledger-based security (Registerwertrecht) under art. 973d of the Swiss Code of Obligations. Not a share, not a fund unit, and it pays no interest. The token is the certificate.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause I. Product Type (with clause II. Form and Transferability of Securities) — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · How corporate actions are applied (corporateActions.mechanism)
  Value: Through 'Adjustment Events'. Splits, delistings, capital increases and special dividends all qualify. The issuer decides — at its own discretion, without investor consent — whether one has occurred and what adjustment to make. No fixed formula is published.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause IX. Adjustments for Products related to any Underlying or Collateral — i. Adjustments — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Transfer controls on the token (eligibility.transferControls)
  Value: Freely transferable peer to peer, with one carve-out: the smart contract may block addresses flagged as sanctioned, screened by a third-party oracle. The tokenizer — not the holder — controls the mint, burn, pause and contract-update functions.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause II. Form and Transferability of Securities — Transfer (Übertragung) — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31

Unknown count for xStocks (Solana): 22

### TSLA — Tesla
- Page: https://equitylayer.io/tokenized/tsla

#### Robinhood Stock Token (live adapter)
- Issuer: Robinhood Europe, UAB · Venue: Robinhood Chain · Token: TSLA
- Fields: 35 Verified · 3 Unknown · 38 total
- Live adapter, plus a documentary layer. Rows sourced from an endpoint were read from the public, unauthenticated Robinhood Chain Stock Token REST API by scripts/refresh-tokenized.mjs. Rows sourced from a document were read by hand from Robinhood Europe's own published documents and carry the section and the passage they rest on.

- [Verified] Underlying company · Underlying ticker (underlying.ticker)
  Value: TSLA
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="TSLA"]
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Underlying company · Underlying company name (underlying.name)
  Value: Tesla
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="TSLA"].tokenName, wrapper suffix "• Robinhood Token" removed
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Token name (wrapper.tokenName)
  Value: Tesla • Robinhood Token
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="TSLA"].tokenName
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Token symbol (wrapper.tokenSymbol)
  Value: TSLA
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="TSLA"].tokenSymbol
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Onchain asset id (wrapper.assetId)
  Value: 0x00000000000000000000000000000000cfece3244ea34bb29414dd9488b32d9f
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="TSLA"].id
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Asset status (wrapper.assetStatus)
  Value: Active
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="TSLA"].status (raw: ASSET_STATUS_ACTIVE)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Canonical contract address (contract.address)
  Value: 0x322F0929c4625eD5bAd873c95208D54E1c003b2d
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="TSLA"].deployments[].contractAddress
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Chain id (contract.chainId)
  Value: 4663
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="TSLA"].deployments[].chainId
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Chain (contract.chainName)
  Value: Robinhood Chain
  Source (endpoint): Chain id mapped to a name using https://docs.robinhood.com/chain/ (the API returns the numeric id only)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Registry uniqueness check (contract.registryCheck)
  Value: Unique. Exactly 1 whitelisted asset carries the ticker TSLA across 96 assets, so the ticker binds unambiguously to the contract address above. A look-alike token using the same ticker would not appear in this registry.
  Source (endpoint): GET https://api.robinhood.com/rhj/assets (full whitelist enumerated and counted by ticker)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Corporate actions · Corporate actions in feed (corporateActions.count)
  Value: None. The feed carried 13 processed actions registry-wide and none referenced TSLA.
  Source (endpoint): GET https://api.robinhood.com/rhj/corporate-actions → corpActions[tokenSymbol="TSLA"]
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Corporate actions · Current multiplier (shares per token) (corporateActions.currentMultiplier)
  Value: 1.000000000000000000
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="TSLA"].currentMultiplier
  Observed: 2026-07-30T18:40:05.196Z
- [Unknown] Corporate actions · Pending multiplier change (corporateActions.pendingMultiplier)
  Resolves via: Any announced but not-yet-effective change to the shares-per-token ratio. GET https://api.robinhood.com/rhj/assets returned a record for TSLA at 2026-07-30T18:40:05.196Z but carried no pendingMultiplier, and silence is not a statement that none is pending. Re-read the endpoint — re-run scripts/refresh-tokenized.mjs. Resolve via Robinhood prospectus / Final Terms.
- [Unknown] Corporate actions · Full lifetime corporate-action history (corporateActions.fullHistory)
  Resolves via: The complete record of splits, dividends, and multiplier changes since issuance. Reviewed the Robinhood Europe PRIIPs Key Information Document (1 July 2026) and the Description of Services, Financial Instruments and Risks (from 1 July 2026) on 2026-07-31 — neither publishes a per-token corporate-action register; the Description states the mechanism only, which is recorded at corporateActions.mechanism. The public corporate-actions endpoint returns a short recent window, not a lifetime record. Would require a Robinhood Europe corporate-action register, or the accumulation of dated snapshots over time.
- [Verified] Quote & liquidity · Bid (liquidity.bid)
  Value: 307.24 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/TSLA → quotes[0].bid
  Observed: 2026-07-30T18:39:56.242559069Z
- [Verified] Quote & liquidity · Ask (liquidity.ask)
  Value: 307.3 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/TSLA → quotes[0].ask
  Observed: 2026-07-30T18:39:56.242559069Z
- [Verified] Quote & liquidity · Quote as-of (liquidity.quoteAsOf)
  Value: 2026-07-30T18:39:56.242559069Z
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/TSLA → quotes[0].generatedAt
  Observed: 2026-07-30T18:39:56.242559069Z
- [Verified] Quote & liquidity · Trading halt (liquidity.halted)
  Value: Not halted at quote time.
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/TSLA → quotes[0].isTradingHalt
  Observed: 2026-07-30T18:39:56.242559069Z
- [Verified] Quote & liquidity · Underlying daily trading volume (liquidity.underlyingDailyVolume)
  Value: 26285122
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/TSLA → quotes[0].dailyTradingVolume
  Observed: 2026-07-30T18:39:56.242559069Z
- [Verified] Quote & liquidity · Underlying daily range (liquidity.dailyRange)
  Value: 296.72 – 309.12 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/TSLA → quotes[0].dailyLow / .dailyHigh
  Observed: 2026-07-30T18:39:56.242559069Z
- [Verified] Quote & liquidity · Token mint/burn volume (liquidity.mintBurnTokenVolume)
  Value: 531.911
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/TSLA → quotes[0].mintBurnTokenVolume
  Observed: 2026-07-30T18:39:56.242559069Z
- [Verified] Quote & liquidity · Mint/burn volume in USD (liquidity.mintBurnUsdVolume)
  Value: 163440.29297
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/TSLA → quotes[0].mintBurnUsdVolume
  Observed: 2026-07-30T18:39:56.242559069Z
- [Verified] Quote & liquidity · Price basis (liquidity.priceBasis)
  Value: Raw underlying-equity bid/ask, not multiplier-adjusted. Multiply by the current multiplier above for the token-equivalent value.
  Source (document): Robinhood Chain — Stock Token APIs (developer documentation) (Robinhood Markets, Inc., undated page, read 2026-07-31) § /prices — endpoint description and response schema — https://docs.robinhood.com/chain/stock-token-apis/ — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Underlying tradability by session (eligibility.tradingCapabilities)
  Value: Market: whole tradable, fractional tradable · Extended: whole tradable, fractional tradable · Overnight: whole tradable, fractional tradable
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="TSLA"].tradingCapabilities
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Legal rights · Token-holder legal rights (rights.tokenHolderLegalRights)
  Value: No ownership of the underlying share and no shareholder rights — no vote, no proxy, no claim to the share. What the holder has is a contractual claim against Robinhood Europe, UAB, and nothing else.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Objectives — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Redemption for underlying shares (rights.redemptionForUnderlyingShares)
  Value: No. Cash-settled only. Exit is a buy-back by Robinhood Europe at the then-quoted price of the underlying, less fees, requested through the app — the token can never be exchanged for a share.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is the difference between a share/ETP and a share/ETP derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Eligibility · Country and investor eligibility (eligibility.investorEligibility)
  Resolves via: Which jurisdictions and investor categories are permitted to acquire, hold, or transfer the token. Half of this is now answered: see eligibility.investorCategory. The jurisdiction half is not. Reviewed the Robinhood Europe PRIIPs Key Information Document (1 July 2026), the Description of Services, Financial Instruments and Risks (from 1 July 2026), and the Robinhood Terms & Conditions (document id 20250822-4767855-15024375) on 2026-07-31 — none of the three enumerates the countries in which Stock Tokens may be offered, held, or transferred, and none states a US-person restriction for this product. Attempted the Stock Tokens terms and conditions at cdn.robinhood.com on 2026-07-31 — HTTP 403, unavailable. Would require the Robinhood Europe Stock Token customer agreement.
- [Verified] Legal rights · Bankruptcy treatment (rights.bankruptcyTreatment)
  Value: Unsecured single-counterparty exposure to Robinhood Europe, UAB. The KID states the Product is not covered by an investor compensation or deposit insurance scheme; no collateral pool, no security trustee, no ring-fenced pool of NVIDIA shares is described. Read alongside rights.investorInsuranceScheme, which reports the firm-level scheme the issuer publishes separately.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What happens if Robinhood Europe is unable to pay out? — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Venue fees (fees.venueFees)
  Value: Entry 0.10% and exit 0.10% of the amount, stated as the most that will be charged. Management, administrative, operating and transaction costs are all stated at 0.00% per year, and there is no performance fee. The document's own worked example: EUR 20 total cost on EUR 10,000 held for one year.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What are the costs? — Composition of costs — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Quote & liquidity · True secondary-market depth (liquidity.secondaryMarketDepth)
  Value: There is no secondary market to have depth in. The token is non-transferable and non-assignable: minted when the derivative is opened, burned when it is closed. No resting order book, no realised secondary transfer volume. Every entry and exit is bilateral with Robinhood Europe at the then-quoted price of the underlying.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is tokenisation? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · What the token is, in law (wrapper.legalForm)
  Value: An over-the-counter derivative contract with Robinhood Europe, UAB, regulated under MiFID II. The holder's rights come from that contract; the blockchain token represents them. One token per underlying share or unit.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Type — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · Issuing entity and supervisor (wrapper.regulator)
  Value: Robinhood Europe, UAB — a Lithuanian investment firm, legal entity code 306377915, supervised by the Bank of Lithuania. Not the US broker-dealer.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § Product — PRIIP Manufacturer / Competent Authority — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · How corporate actions are applied (corporateActions.mechanism)
  Value: By amending the derivative contract and rebasing the token. That rebasing is what the shares-per-token multiplier in the API expresses.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is a derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Permitted investor category (eligibility.investorCategory)
  Value: Retail clients, as defined by Lithuania's Law on Markets in Financial Instruments transposing MiFID II — but only informed ones: the KID restricts the product to retail investors with specific knowledge and experience of similar products who can bear a total loss.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Intended retail investor — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Currency-conversion fee (fees.currencyConversion)
  Value: 0.10% per transaction on the euro value of the executed FX, charged on the way in and on the way out — this is what the KID's entry and exit costs are. The fee schedule states no other Classic Stock Token trading fee applies. Neither document discloses a spread inside the EUR/USD rate itself.
  Source (document): Standard Pricing Fee Schedule (Robinhood Europe, UAB, document id 20260622-5628651-17828471) § Robinhood Classic Stock Tokens — Trading and FX Fees — https://cdn.robinhood.com/assets/robinhood/legal/fee_schedule_EU.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Dividend treatment (rights.dividendTreatment)
  Value: Dividend amounts pass through as a contractual right under the derivative — not as a shareholder dividend — and the document states they are not guaranteed.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is the difference between a share/ETP and a share/ETP derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Firm-level investor insurance (rights.investorInsuranceScheme)
  Value: Robinhood Europe, UAB participates in Lithuania's Insurance System of Liabilities to Investors, coverage limit EUR 22,000, payable within three months of an insured event; loss of investment value is excluded. This is a firm-level scheme. The KID states separately that this Product is not covered by an investor compensation scheme. EquityLayer does not reconcile the two — both are reproduced as published, and which one governs a Stock Token claim is not settled by the documents reviewed.
  Source (document): Key information on the Insurance of Liabilities to Investors (Robinhood Europe, UAB, document id 20260624-5643162-17889778) § Key information on the Insurance of Liabilities to Investors — https://cdn.robinhood.com/assets/robinhood/legal/key_information_on_the_liabilities_to_investors_insurance_scheme_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Custody and segregation (rights.custodySegregation)
  Value: The derivative positions sit in individual client accounts, segregated from other clients and from Robinhood Europe's own holdings, with no right of use absent explicit consent. Note what this does and does not cover: it is segregation of the derivative position. No pool of underlying NVIDIA shares held for token holders is described anywhere in the documents reviewed.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section II — Description of custody services … 1. US Share Derivatives — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31

Unknown count for Robinhood Stock Token: 3

#### xStocks (Solana) (adapter planned — second rail)
- Issuer: Backed Assets (JE) Limited · Venue: Solana · Token: Not established
- Fields: 8 Verified · 22 Unknown · 30 total
- Adapter planned — second rail. Nothing here has been machine-verified. Every Verified row below is a documentary row: read by hand from the issuer's own prospectus, Final Terms, or product page, with the section and the passage recorded. Anything that needs a live read of the chain or a venue stays Unknown until the adapter ships.

- [Unknown] Underlying company · Underlying ticker (underlying.ticker)
  Resolves via: Which underlying the wrapper tracks, as stated by the issuer rather than inferred from the token's name. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for TSLA. Would require the Final Terms for the xStocks series over TSLA; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Underlying company · Underlying company name (underlying.name)
  Resolves via: The registered name of the underlying issuer as stated by the wrapper issuer. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for TSLA. Would require the Final Terms for the xStocks series over TSLA; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Wrapper identity · Token symbol (wrapper.tokenSymbol)
  Resolves via: The token symbol the issuer assigns to this series. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for TSLA. Would require the Final Terms for the xStocks series over TSLA; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Wrapper identity · Issuer (wrapper.issuer)
  Value: Backed Assets (JE) Limited — a Jersey private limited company acting as a dedicated issuance vehicle, registered with the Jersey Financial Services Commission, trading as xStocks.
  Source (document): xStocks Docs — Product Legal Overview (issuer documentation site) (Backed Assets (JE) Limited / xStocks, undated page, read 2026-07-31) § Issuer — https://docs.xstocks.fi/docs/product-legal-overview — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Wrapper identity · Onchain asset id (wrapper.assetId)
  Resolves via: The issuer's canonical identifier for this wrapper. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for TSLA. Would require the Final Terms for the xStocks series over TSLA; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Wrapper identity · Asset status (wrapper.assetStatus)
  Resolves via: Whether the wrapper is currently active, paused, or delisted. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Canonical contract address (contract.address)
  Resolves via: The canonical mint address, and an issuer-published record that would let a look-alike token carrying the same ticker be rejected. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for TSLA. Would require the Final Terms for the xStocks series over TSLA; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Chain (contract.chainName)
  Resolves via: Which networks the issuer publishes a securities ledger on for this series. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for TSLA. Would require the Final Terms for the xStocks series over TSLA; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Chain id (contract.chainId)
  Resolves via: Solana is not EIP-155 chain-id addressed; the equivalent network identifier is not asserted here. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Registry uniqueness check (contract.registryCheck)
  Resolves via: Whether exactly one issuer-named mint carries this ticker, which is what makes a same-ticker fake token detectable. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for TSLA. Would require the Final Terms for the xStocks series over TSLA; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Corporate actions in feed (corporateActions.count)
  Resolves via: Processed splits, dividends, and other corporate actions applied to the wrapper. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Current multiplier (shares per token) (corporateActions.currentMultiplier)
  Resolves via: The shares-per-token ratio currently in force. Reviewed the Final Terms for Product Nr. 19 NVDAx (17 November 2025) and the Backed Assets Base Prospectus (8 May 2026) on 2026-07-31 — they fix the denomination basis (recorded at contract.denominationBasis) but publish no observed ratio at any instant, and no proof-of-reserve or attestation report was located. Would require an issuer attestation or an onchain adapter reading supply against custodied shares. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Pending multiplier change (corporateActions.pendingMultiplier)
  Resolves via: Any announced but not-yet-effective ratio change. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Full lifetime corporate-action history (corporateActions.fullHistory)
  Resolves via: The complete record of corporate actions since issuance. Reviewed the Final Terms for Product Nr. 19 NVDAx (17 November 2025) and the Backed Assets Base Prospectus (8 May 2026) on 2026-07-31 — both state the adjustment mechanism (recorded at corporateActions.mechanism) and neither publishes a register of adjustments actually made. Would require an issuer-published adjustment notice archive, which clause XIX. Notices contemplates but does not link. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Bid (liquidity.bid)
  Resolves via: Top-of-book bid. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Ask (liquidity.ask)
  Resolves via: Top-of-book ask. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Quote as-of (liquidity.quoteAsOf)
  Resolves via: The timestamp any quote would be valid at. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Trading halt (liquidity.halted)
  Resolves via: Whether trading in the wrapper or its underlying is halted. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Underlying daily trading volume (liquidity.underlyingDailyVolume)
  Resolves via: Volume traded in the underlying equity. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Token mint/burn volume (liquidity.mintBurnTokenVolume)
  Resolves via: Tokens minted and burned, the primary-market proxy for real wrapper demand. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Eligibility · Underlying tradability by session (eligibility.tradingCapabilities)
  Resolves via: Which trading sessions the wrapper can be transacted in. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Legal rights · Token-holder legal rights (rights.tokenHolderLegalRights)
  Value: A creditor claim against the issuer, secured on collateral allocated to that specific product — not share ownership. No vote, no dividend as a shareholder, no pre-emption, no claim on the underlying shares themselves, and no residual claim on the issuer once the pro-rata realisation proceeds have been paid.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause III. Rights attached to Products — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Redemption for underlying shares (rights.redemptionForUnderlyingShares)
  Value: A holder-initiated redemption right does exist — the Investor Put Option, exercisable at any time by submitting a Redemption Order to the issuer — but it settles in cash or cryptocurrency, never in shares: physical delivery of the underlying is excluded. Settlement runs to T+5 after the issuer receives the tokens, minus Investor Fees, and only after the holder passes KYC/AML; the issuer may reject a redemption on negative findings.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause II. Form and Transferability of Securities, and clause VI.iv Investor Redemption (Investor Put Option) / VI.v Settlement — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Country and investor eligibility (eligibility.investorEligibility)
  Value: Excluded outright: US persons and any US address, jurisdictions where distribution would be unlawful (the prospectus names North Korea, Syria and Iran), and FATF call-for-action jurisdictions. Permitted distribution rests on the FMA Liechtenstein approval notified into 29 named EEA states. Investor category is narrowed too: under Jersey's SPB Order the Products may be issued only to a Professional Investor or to someone who has acknowledged the SPB Order investment warning, and subscription or redemption with the issuer requires passing KYC/AML.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § IMPORTANT INFORMATION — General Sales Restrictions, and Terms and Conditions clause XXV. Selling Restrictions — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Bankruptcy treatment (rights.bankruptcyTreatment)
  Value: Segregated, product-specific collateral with an independent Security Agent holding a lien for investors. Issuer insolvency is a Realization Event: the Security Agent realises that product's collateral and distributes Net Realization Proceeds pro rata to its holders. But holders rank behind the Security Agent, the Custodian and the Paying Account Provider, whose fee and cost claims come out first, and there is no residual claim on the issuer afterwards.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause IV. Collateralization, and clause XXII. Realization Event and Realization of Collateral — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Fees · Venue fees (fees.venueFees)
  Resolves via: Mint, burn, spread, custody, transfer, and corporate-action handling fees charged by the venue or issuer. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for TSLA. Would require the Final Terms for the xStocks series over TSLA; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · True secondary-market depth (liquidity.secondaryMarketDepth)
  Resolves via: Resting order-book depth and realised secondary transfer volume for the wrapper. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the Final Terms for Product Nr. 19 NVDAx (17 November 2025) on 2026-07-31 — neither publishes order-book depth or transfer volume, by design; the Final Terms record only that no market maker is appointed. Unlike the Robinhood token, this one is freely transferable, so a secondary market can exist and its depth is a real, unanswered question. Would require an onchain Solana adapter reading the issuer-named mint, plus order-book data from the venues that list it.
- [Verified] Wrapper identity · What the token is, in law (wrapper.legalForm)
  Value: An open-ended tracker certificate — a debt instrument of the issuer, securitised as a ledger-based security (Registerwertrecht) under art. 973d of the Swiss Code of Obligations. Not a share, not a fund unit, and it pays no interest. The token is the certificate.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause I. Product Type (with clause II. Form and Transferability of Securities) — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · How corporate actions are applied (corporateActions.mechanism)
  Value: Through 'Adjustment Events'. Splits, delistings, capital increases and special dividends all qualify. The issuer decides — at its own discretion, without investor consent — whether one has occurred and what adjustment to make. No fixed formula is published.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause IX. Adjustments for Products related to any Underlying or Collateral — i. Adjustments — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Transfer controls on the token (eligibility.transferControls)
  Value: Freely transferable peer to peer, with one carve-out: the smart contract may block addresses flagged as sanctioned, screened by a third-party oracle. The tokenizer — not the holder — controls the mint, burn, pause and contract-update functions.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause II. Form and Transferability of Securities — Transfer (Übertragung) — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31

Unknown count for xStocks (Solana): 22

### MSFT — Microsoft
- Page: https://equitylayer.io/tokenized/msft

#### Robinhood Stock Token (live adapter)
- Issuer: Robinhood Europe, UAB · Venue: Robinhood Chain · Token: MSFT
- Fields: 35 Verified · 3 Unknown · 38 total
- Live adapter, plus a documentary layer. Rows sourced from an endpoint were read from the public, unauthenticated Robinhood Chain Stock Token REST API by scripts/refresh-tokenized.mjs. Rows sourced from a document were read by hand from Robinhood Europe's own published documents and carry the section and the passage they rest on.

- [Verified] Underlying company · Underlying ticker (underlying.ticker)
  Value: MSFT
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="MSFT"]
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Underlying company · Underlying company name (underlying.name)
  Value: Microsoft
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="MSFT"].tokenName, wrapper suffix "• Robinhood Token" removed
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Token name (wrapper.tokenName)
  Value: Microsoft • Robinhood Token
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="MSFT"].tokenName
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Token symbol (wrapper.tokenSymbol)
  Value: MSFT
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="MSFT"].tokenSymbol
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Onchain asset id (wrapper.assetId)
  Value: 0x00000000000000000000000000000000307bb0113ca54f93adf80f4ff2bf681a
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="MSFT"].id
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Asset status (wrapper.assetStatus)
  Value: Active
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="MSFT"].status (raw: ASSET_STATUS_ACTIVE)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Canonical contract address (contract.address)
  Value: 0xe93237C50D904957Cf27E7B1133b510C669c2e74
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="MSFT"].deployments[].contractAddress
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Chain id (contract.chainId)
  Value: 4663
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="MSFT"].deployments[].chainId
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Chain (contract.chainName)
  Value: Robinhood Chain
  Source (endpoint): Chain id mapped to a name using https://docs.robinhood.com/chain/ (the API returns the numeric id only)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Registry uniqueness check (contract.registryCheck)
  Value: Unique. Exactly 1 whitelisted asset carries the ticker MSFT across 96 assets, so the ticker binds unambiguously to the contract address above. A look-alike token using the same ticker would not appear in this registry.
  Source (endpoint): GET https://api.robinhood.com/rhj/assets (full whitelist enumerated and counted by ticker)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Corporate actions · Corporate actions in feed (corporateActions.count)
  Value: None. The feed carried 13 processed actions registry-wide and none referenced MSFT.
  Source (endpoint): GET https://api.robinhood.com/rhj/corporate-actions → corpActions[tokenSymbol="MSFT"]
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Corporate actions · Current multiplier (shares per token) (corporateActions.currentMultiplier)
  Value: 1.000000000000000000
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="MSFT"].currentMultiplier
  Observed: 2026-07-30T18:40:05.196Z
- [Unknown] Corporate actions · Pending multiplier change (corporateActions.pendingMultiplier)
  Resolves via: Any announced but not-yet-effective change to the shares-per-token ratio. GET https://api.robinhood.com/rhj/assets returned a record for MSFT at 2026-07-30T18:40:05.196Z but carried no pendingMultiplier, and silence is not a statement that none is pending. Re-read the endpoint — re-run scripts/refresh-tokenized.mjs. Resolve via Robinhood prospectus / Final Terms.
- [Unknown] Corporate actions · Full lifetime corporate-action history (corporateActions.fullHistory)
  Resolves via: The complete record of splits, dividends, and multiplier changes since issuance. Reviewed the Robinhood Europe PRIIPs Key Information Document (1 July 2026) and the Description of Services, Financial Instruments and Risks (from 1 July 2026) on 2026-07-31 — neither publishes a per-token corporate-action register; the Description states the mechanism only, which is recorded at corporateActions.mechanism. The public corporate-actions endpoint returns a short recent window, not a lifetime record. Would require a Robinhood Europe corporate-action register, or the accumulation of dated snapshots over time.
- [Verified] Quote & liquidity · Bid (liquidity.bid)
  Value: 456.59 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/MSFT → quotes[0].bid
  Observed: 2026-07-30T18:40:04.254389266Z
- [Verified] Quote & liquidity · Ask (liquidity.ask)
  Value: 456.69 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/MSFT → quotes[0].ask
  Observed: 2026-07-30T18:40:04.254389266Z
- [Verified] Quote & liquidity · Quote as-of (liquidity.quoteAsOf)
  Value: 2026-07-30T18:40:04.254389266Z
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/MSFT → quotes[0].generatedAt
  Observed: 2026-07-30T18:40:04.254389266Z
- [Verified] Quote & liquidity · Trading halt (liquidity.halted)
  Value: Not halted at quote time.
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/MSFT → quotes[0].isTradingHalt
  Observed: 2026-07-30T18:40:04.254389266Z
- [Verified] Quote & liquidity · Underlying daily trading volume (liquidity.underlyingDailyVolume)
  Value: 86114801
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/MSFT → quotes[0].dailyTradingVolume
  Observed: 2026-07-30T18:40:04.254389266Z
- [Verified] Quote & liquidity · Underlying daily range (liquidity.dailyRange)
  Value: 416.48 – 458.69 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/MSFT → quotes[0].dailyLow / .dailyHigh
  Observed: 2026-07-30T18:40:04.254389266Z
- [Verified] Quote & liquidity · Token mint/burn volume (liquidity.mintBurnTokenVolume)
  Value: 84.199
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/MSFT → quotes[0].mintBurnTokenVolume
  Observed: 2026-07-30T18:40:04.254389266Z
- [Verified] Quote & liquidity · Mint/burn volume in USD (liquidity.mintBurnUsdVolume)
  Value: 38448.63136
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/MSFT → quotes[0].mintBurnUsdVolume
  Observed: 2026-07-30T18:40:04.254389266Z
- [Verified] Quote & liquidity · Price basis (liquidity.priceBasis)
  Value: Raw underlying-equity bid/ask, not multiplier-adjusted. Multiply by the current multiplier above for the token-equivalent value.
  Source (document): Robinhood Chain — Stock Token APIs (developer documentation) (Robinhood Markets, Inc., undated page, read 2026-07-31) § /prices — endpoint description and response schema — https://docs.robinhood.com/chain/stock-token-apis/ — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Underlying tradability by session (eligibility.tradingCapabilities)
  Value: Market: whole tradable, fractional tradable · Extended: whole tradable, fractional tradable · Overnight: whole tradable, fractional tradable
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="MSFT"].tradingCapabilities
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Legal rights · Token-holder legal rights (rights.tokenHolderLegalRights)
  Value: No ownership of the underlying share and no shareholder rights — no vote, no proxy, no claim to the share. What the holder has is a contractual claim against Robinhood Europe, UAB, and nothing else.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Objectives — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Redemption for underlying shares (rights.redemptionForUnderlyingShares)
  Value: No. Cash-settled only. Exit is a buy-back by Robinhood Europe at the then-quoted price of the underlying, less fees, requested through the app — the token can never be exchanged for a share.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is the difference between a share/ETP and a share/ETP derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Eligibility · Country and investor eligibility (eligibility.investorEligibility)
  Resolves via: Which jurisdictions and investor categories are permitted to acquire, hold, or transfer the token. Half of this is now answered: see eligibility.investorCategory. The jurisdiction half is not. Reviewed the Robinhood Europe PRIIPs Key Information Document (1 July 2026), the Description of Services, Financial Instruments and Risks (from 1 July 2026), and the Robinhood Terms & Conditions (document id 20250822-4767855-15024375) on 2026-07-31 — none of the three enumerates the countries in which Stock Tokens may be offered, held, or transferred, and none states a US-person restriction for this product. Attempted the Stock Tokens terms and conditions at cdn.robinhood.com on 2026-07-31 — HTTP 403, unavailable. Would require the Robinhood Europe Stock Token customer agreement.
- [Verified] Legal rights · Bankruptcy treatment (rights.bankruptcyTreatment)
  Value: Unsecured single-counterparty exposure to Robinhood Europe, UAB. The KID states the Product is not covered by an investor compensation or deposit insurance scheme; no collateral pool, no security trustee, no ring-fenced pool of NVIDIA shares is described. Read alongside rights.investorInsuranceScheme, which reports the firm-level scheme the issuer publishes separately.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What happens if Robinhood Europe is unable to pay out? — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Venue fees (fees.venueFees)
  Value: Entry 0.10% and exit 0.10% of the amount, stated as the most that will be charged. Management, administrative, operating and transaction costs are all stated at 0.00% per year, and there is no performance fee. The document's own worked example: EUR 20 total cost on EUR 10,000 held for one year.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What are the costs? — Composition of costs — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Quote & liquidity · True secondary-market depth (liquidity.secondaryMarketDepth)
  Value: There is no secondary market to have depth in. The token is non-transferable and non-assignable: minted when the derivative is opened, burned when it is closed. No resting order book, no realised secondary transfer volume. Every entry and exit is bilateral with Robinhood Europe at the then-quoted price of the underlying.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is tokenisation? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · What the token is, in law (wrapper.legalForm)
  Value: An over-the-counter derivative contract with Robinhood Europe, UAB, regulated under MiFID II. The holder's rights come from that contract; the blockchain token represents them. One token per underlying share or unit.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Type — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · Issuing entity and supervisor (wrapper.regulator)
  Value: Robinhood Europe, UAB — a Lithuanian investment firm, legal entity code 306377915, supervised by the Bank of Lithuania. Not the US broker-dealer.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § Product — PRIIP Manufacturer / Competent Authority — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · How corporate actions are applied (corporateActions.mechanism)
  Value: By amending the derivative contract and rebasing the token. That rebasing is what the shares-per-token multiplier in the API expresses.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is a derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Permitted investor category (eligibility.investorCategory)
  Value: Retail clients, as defined by Lithuania's Law on Markets in Financial Instruments transposing MiFID II — but only informed ones: the KID restricts the product to retail investors with specific knowledge and experience of similar products who can bear a total loss.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Intended retail investor — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Currency-conversion fee (fees.currencyConversion)
  Value: 0.10% per transaction on the euro value of the executed FX, charged on the way in and on the way out — this is what the KID's entry and exit costs are. The fee schedule states no other Classic Stock Token trading fee applies. Neither document discloses a spread inside the EUR/USD rate itself.
  Source (document): Standard Pricing Fee Schedule (Robinhood Europe, UAB, document id 20260622-5628651-17828471) § Robinhood Classic Stock Tokens — Trading and FX Fees — https://cdn.robinhood.com/assets/robinhood/legal/fee_schedule_EU.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Dividend treatment (rights.dividendTreatment)
  Value: Dividend amounts pass through as a contractual right under the derivative — not as a shareholder dividend — and the document states they are not guaranteed.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is the difference between a share/ETP and a share/ETP derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Firm-level investor insurance (rights.investorInsuranceScheme)
  Value: Robinhood Europe, UAB participates in Lithuania's Insurance System of Liabilities to Investors, coverage limit EUR 22,000, payable within three months of an insured event; loss of investment value is excluded. This is a firm-level scheme. The KID states separately that this Product is not covered by an investor compensation scheme. EquityLayer does not reconcile the two — both are reproduced as published, and which one governs a Stock Token claim is not settled by the documents reviewed.
  Source (document): Key information on the Insurance of Liabilities to Investors (Robinhood Europe, UAB, document id 20260624-5643162-17889778) § Key information on the Insurance of Liabilities to Investors — https://cdn.robinhood.com/assets/robinhood/legal/key_information_on_the_liabilities_to_investors_insurance_scheme_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Custody and segregation (rights.custodySegregation)
  Value: The derivative positions sit in individual client accounts, segregated from other clients and from Robinhood Europe's own holdings, with no right of use absent explicit consent. Note what this does and does not cover: it is segregation of the derivative position. No pool of underlying NVIDIA shares held for token holders is described anywhere in the documents reviewed.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section II — Description of custody services … 1. US Share Derivatives — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31

Unknown count for Robinhood Stock Token: 3

#### xStocks (Solana) (adapter planned — second rail)
- Issuer: Backed Assets (JE) Limited · Venue: Solana · Token: Not established
- Fields: 8 Verified · 22 Unknown · 30 total
- Adapter planned — second rail. Nothing here has been machine-verified. Every Verified row below is a documentary row: read by hand from the issuer's own prospectus, Final Terms, or product page, with the section and the passage recorded. Anything that needs a live read of the chain or a venue stays Unknown until the adapter ships.

- [Unknown] Underlying company · Underlying ticker (underlying.ticker)
  Resolves via: Which underlying the wrapper tracks, as stated by the issuer rather than inferred from the token's name. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for MSFT. Would require the Final Terms for the xStocks series over MSFT; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Underlying company · Underlying company name (underlying.name)
  Resolves via: The registered name of the underlying issuer as stated by the wrapper issuer. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for MSFT. Would require the Final Terms for the xStocks series over MSFT; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Wrapper identity · Token symbol (wrapper.tokenSymbol)
  Resolves via: The token symbol the issuer assigns to this series. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for MSFT. Would require the Final Terms for the xStocks series over MSFT; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Wrapper identity · Issuer (wrapper.issuer)
  Value: Backed Assets (JE) Limited — a Jersey private limited company acting as a dedicated issuance vehicle, registered with the Jersey Financial Services Commission, trading as xStocks.
  Source (document): xStocks Docs — Product Legal Overview (issuer documentation site) (Backed Assets (JE) Limited / xStocks, undated page, read 2026-07-31) § Issuer — https://docs.xstocks.fi/docs/product-legal-overview — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Wrapper identity · Onchain asset id (wrapper.assetId)
  Resolves via: The issuer's canonical identifier for this wrapper. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for MSFT. Would require the Final Terms for the xStocks series over MSFT; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Wrapper identity · Asset status (wrapper.assetStatus)
  Resolves via: Whether the wrapper is currently active, paused, or delisted. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Canonical contract address (contract.address)
  Resolves via: The canonical mint address, and an issuer-published record that would let a look-alike token carrying the same ticker be rejected. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for MSFT. Would require the Final Terms for the xStocks series over MSFT; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Chain (contract.chainName)
  Resolves via: Which networks the issuer publishes a securities ledger on for this series. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for MSFT. Would require the Final Terms for the xStocks series over MSFT; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Chain id (contract.chainId)
  Resolves via: Solana is not EIP-155 chain-id addressed; the equivalent network identifier is not asserted here. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Registry uniqueness check (contract.registryCheck)
  Resolves via: Whether exactly one issuer-named mint carries this ticker, which is what makes a same-ticker fake token detectable. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for MSFT. Would require the Final Terms for the xStocks series over MSFT; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Corporate actions in feed (corporateActions.count)
  Resolves via: Processed splits, dividends, and other corporate actions applied to the wrapper. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Current multiplier (shares per token) (corporateActions.currentMultiplier)
  Resolves via: The shares-per-token ratio currently in force. Reviewed the Final Terms for Product Nr. 19 NVDAx (17 November 2025) and the Backed Assets Base Prospectus (8 May 2026) on 2026-07-31 — they fix the denomination basis (recorded at contract.denominationBasis) but publish no observed ratio at any instant, and no proof-of-reserve or attestation report was located. Would require an issuer attestation or an onchain adapter reading supply against custodied shares. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Pending multiplier change (corporateActions.pendingMultiplier)
  Resolves via: Any announced but not-yet-effective ratio change. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Full lifetime corporate-action history (corporateActions.fullHistory)
  Resolves via: The complete record of corporate actions since issuance. Reviewed the Final Terms for Product Nr. 19 NVDAx (17 November 2025) and the Backed Assets Base Prospectus (8 May 2026) on 2026-07-31 — both state the adjustment mechanism (recorded at corporateActions.mechanism) and neither publishes a register of adjustments actually made. Would require an issuer-published adjustment notice archive, which clause XIX. Notices contemplates but does not link. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Bid (liquidity.bid)
  Resolves via: Top-of-book bid. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Ask (liquidity.ask)
  Resolves via: Top-of-book ask. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Quote as-of (liquidity.quoteAsOf)
  Resolves via: The timestamp any quote would be valid at. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Trading halt (liquidity.halted)
  Resolves via: Whether trading in the wrapper or its underlying is halted. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Underlying daily trading volume (liquidity.underlyingDailyVolume)
  Resolves via: Volume traded in the underlying equity. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Token mint/burn volume (liquidity.mintBurnTokenVolume)
  Resolves via: Tokens minted and burned, the primary-market proxy for real wrapper demand. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Eligibility · Underlying tradability by session (eligibility.tradingCapabilities)
  Resolves via: Which trading sessions the wrapper can be transacted in. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Legal rights · Token-holder legal rights (rights.tokenHolderLegalRights)
  Value: A creditor claim against the issuer, secured on collateral allocated to that specific product — not share ownership. No vote, no dividend as a shareholder, no pre-emption, no claim on the underlying shares themselves, and no residual claim on the issuer once the pro-rata realisation proceeds have been paid.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause III. Rights attached to Products — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Redemption for underlying shares (rights.redemptionForUnderlyingShares)
  Value: A holder-initiated redemption right does exist — the Investor Put Option, exercisable at any time by submitting a Redemption Order to the issuer — but it settles in cash or cryptocurrency, never in shares: physical delivery of the underlying is excluded. Settlement runs to T+5 after the issuer receives the tokens, minus Investor Fees, and only after the holder passes KYC/AML; the issuer may reject a redemption on negative findings.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause II. Form and Transferability of Securities, and clause VI.iv Investor Redemption (Investor Put Option) / VI.v Settlement — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Country and investor eligibility (eligibility.investorEligibility)
  Value: Excluded outright: US persons and any US address, jurisdictions where distribution would be unlawful (the prospectus names North Korea, Syria and Iran), and FATF call-for-action jurisdictions. Permitted distribution rests on the FMA Liechtenstein approval notified into 29 named EEA states. Investor category is narrowed too: under Jersey's SPB Order the Products may be issued only to a Professional Investor or to someone who has acknowledged the SPB Order investment warning, and subscription or redemption with the issuer requires passing KYC/AML.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § IMPORTANT INFORMATION — General Sales Restrictions, and Terms and Conditions clause XXV. Selling Restrictions — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Bankruptcy treatment (rights.bankruptcyTreatment)
  Value: Segregated, product-specific collateral with an independent Security Agent holding a lien for investors. Issuer insolvency is a Realization Event: the Security Agent realises that product's collateral and distributes Net Realization Proceeds pro rata to its holders. But holders rank behind the Security Agent, the Custodian and the Paying Account Provider, whose fee and cost claims come out first, and there is no residual claim on the issuer afterwards.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause IV. Collateralization, and clause XXII. Realization Event and Realization of Collateral — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Fees · Venue fees (fees.venueFees)
  Resolves via: Mint, burn, spread, custody, transfer, and corporate-action handling fees charged by the venue or issuer. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for MSFT. Would require the Final Terms for the xStocks series over MSFT; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · True secondary-market depth (liquidity.secondaryMarketDepth)
  Resolves via: Resting order-book depth and realised secondary transfer volume for the wrapper. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the Final Terms for Product Nr. 19 NVDAx (17 November 2025) on 2026-07-31 — neither publishes order-book depth or transfer volume, by design; the Final Terms record only that no market maker is appointed. Unlike the Robinhood token, this one is freely transferable, so a secondary market can exist and its depth is a real, unanswered question. Would require an onchain Solana adapter reading the issuer-named mint, plus order-book data from the venues that list it.
- [Verified] Wrapper identity · What the token is, in law (wrapper.legalForm)
  Value: An open-ended tracker certificate — a debt instrument of the issuer, securitised as a ledger-based security (Registerwertrecht) under art. 973d of the Swiss Code of Obligations. Not a share, not a fund unit, and it pays no interest. The token is the certificate.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause I. Product Type (with clause II. Form and Transferability of Securities) — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · How corporate actions are applied (corporateActions.mechanism)
  Value: Through 'Adjustment Events'. Splits, delistings, capital increases and special dividends all qualify. The issuer decides — at its own discretion, without investor consent — whether one has occurred and what adjustment to make. No fixed formula is published.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause IX. Adjustments for Products related to any Underlying or Collateral — i. Adjustments — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Transfer controls on the token (eligibility.transferControls)
  Value: Freely transferable peer to peer, with one carve-out: the smart contract may block addresses flagged as sanctioned, screened by a third-party oracle. The tokenizer — not the holder — controls the mint, burn, pause and contract-update functions.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause II. Form and Transferability of Securities — Transfer (Übertragung) — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31

Unknown count for xStocks (Solana): 22

### CRWD — CrowdStrike Holdings
- Page: https://equitylayer.io/tokenized/crwd

#### Robinhood Stock Token (live adapter)
- Issuer: Robinhood Europe, UAB · Venue: Robinhood Chain · Token: CRWD
- Fields: 35 Verified · 3 Unknown · 38 total
- Live adapter, plus a documentary layer. Rows sourced from an endpoint were read from the public, unauthenticated Robinhood Chain Stock Token REST API by scripts/refresh-tokenized.mjs. Rows sourced from a document were read by hand from Robinhood Europe's own published documents and carry the section and the passage they rest on.

- [Verified] Underlying company · Underlying ticker (underlying.ticker)
  Value: CRWD
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="CRWD"]
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Underlying company · Underlying company name (underlying.name)
  Value: CrowdStrike Holdings
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="CRWD"].tokenName, wrapper suffix "• Robinhood Token" removed
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Token name (wrapper.tokenName)
  Value: CrowdStrike Holdings • Robinhood Token
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="CRWD"].tokenName
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Token symbol (wrapper.tokenSymbol)
  Value: CRWD
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="CRWD"].tokenSymbol
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Onchain asset id (wrapper.assetId)
  Value: 0x000000000000000000000000000000001adecf2c6a3749f9873b8926b5977c0a
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="CRWD"].id
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Wrapper identity · Asset status (wrapper.assetStatus)
  Value: Active
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="CRWD"].status (raw: ASSET_STATUS_ACTIVE)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Canonical contract address (contract.address)
  Value: 0xea72Ecca2d0f6bFA1394DBBCff85b52CD4233931
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="CRWD"].deployments[].contractAddress
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Chain id (contract.chainId)
  Value: 4663
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="CRWD"].deployments[].chainId
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Chain (contract.chainName)
  Value: Robinhood Chain
  Source (endpoint): Chain id mapped to a name using https://docs.robinhood.com/chain/ (the API returns the numeric id only)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Canonical contract · Registry uniqueness check (contract.registryCheck)
  Value: Unique. Exactly 1 whitelisted asset carries the ticker CRWD across 96 assets, so the ticker binds unambiguously to the contract address above. A look-alike token using the same ticker would not appear in this registry.
  Source (endpoint): GET https://api.robinhood.com/rhj/assets (full whitelist enumerated and counted by ticker)
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Corporate actions · Corporate actions in feed (corporateActions.count)
  Value: 1 processed action referencing CRWD, out of 13 registry-wide.
  Source (endpoint): GET https://api.robinhood.com/rhj/corporate-actions → corpActions[tokenSymbol="CRWD"]
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Corporate actions · Current multiplier (shares per token) (corporateActions.currentMultiplier)
  Value: 4.000000000000000000
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="CRWD"].currentMultiplier
  Observed: 2026-07-30T18:40:05.196Z
- [Unknown] Corporate actions · Pending multiplier change (corporateActions.pendingMultiplier)
  Resolves via: Any announced but not-yet-effective change to the shares-per-token ratio. GET https://api.robinhood.com/rhj/assets returned a record for CRWD at 2026-07-30T18:40:05.196Z but carried no pendingMultiplier, and silence is not a statement that none is pending. Re-read the endpoint — re-run scripts/refresh-tokenized.mjs. Resolve via Robinhood prospectus / Final Terms.
- [Unknown] Corporate actions · Full lifetime corporate-action history (corporateActions.fullHistory)
  Resolves via: The complete record of splits, dividends, and multiplier changes since issuance. Reviewed the Robinhood Europe PRIIPs Key Information Document (1 July 2026) and the Description of Services, Financial Instruments and Risks (from 1 July 2026) on 2026-07-31 — neither publishes a per-token corporate-action register; the Description states the mechanism only, which is recorded at corporateActions.mechanism. The public corporate-actions endpoint returns a short recent window, not a lifetime record. Would require a Robinhood Europe corporate-action register, or the accumulation of dated snapshots over time.
- [Verified] Quote & liquidity · Bid (liquidity.bid)
  Value: 182.69 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/CRWD → quotes[0].bid
  Observed: 2026-07-30T18:40:05.699945963Z
- [Verified] Quote & liquidity · Ask (liquidity.ask)
  Value: 182.82 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/CRWD → quotes[0].ask
  Observed: 2026-07-30T18:40:05.699945963Z
- [Verified] Quote & liquidity · Quote as-of (liquidity.quoteAsOf)
  Value: 2026-07-30T18:40:05.699945963Z
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/CRWD → quotes[0].generatedAt
  Observed: 2026-07-30T18:40:05.699945963Z
- [Verified] Quote & liquidity · Trading halt (liquidity.halted)
  Value: Not halted at quote time.
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/CRWD → quotes[0].isTradingHalt
  Observed: 2026-07-30T18:40:05.699945963Z
- [Verified] Quote & liquidity · Underlying daily trading volume (liquidity.underlyingDailyVolume)
  Value: 4911314
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/CRWD → quotes[0].dailyTradingVolume
  Observed: 2026-07-30T18:40:05.699945963Z
- [Verified] Quote & liquidity · Underlying daily range (liquidity.dailyRange)
  Value: 177.7468 – 185 USD
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/CRWD → quotes[0].dailyLow / .dailyHigh
  Observed: 2026-07-30T18:40:05.699945963Z
- [Verified] Quote & liquidity · Token mint/burn volume (liquidity.mintBurnTokenVolume)
  Value: 0
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/CRWD → quotes[0].mintBurnTokenVolume
  Observed: 2026-07-30T18:40:05.699945963Z
- [Verified] Quote & liquidity · Mint/burn volume in USD (liquidity.mintBurnUsdVolume)
  Value: 0
  Source (endpoint): GET https://api.robinhood.com/rhj/prices/CRWD → quotes[0].mintBurnUsdVolume
  Observed: 2026-07-30T18:40:05.699945963Z
- [Verified] Quote & liquidity · Price basis (liquidity.priceBasis)
  Value: Raw underlying-equity bid/ask, not multiplier-adjusted. Multiply by the current multiplier above for the token-equivalent value.
  Source (document): Robinhood Chain — Stock Token APIs (developer documentation) (Robinhood Markets, Inc., undated page, read 2026-07-31) § /prices — endpoint description and response schema — https://docs.robinhood.com/chain/stock-token-apis/ — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Underlying tradability by session (eligibility.tradingCapabilities)
  Value: Market: whole tradable, fractional tradable · Extended: whole tradable, fractional tradable · Overnight: whole tradable, fractional tradable
  Source (endpoint): GET https://api.robinhood.com/rhj/assets → assets[tokenSymbol="CRWD"].tradingCapabilities
  Observed: 2026-07-30T18:40:05.196Z
- [Verified] Legal rights · Token-holder legal rights (rights.tokenHolderLegalRights)
  Value: No ownership of the underlying share and no shareholder rights — no vote, no proxy, no claim to the share. What the holder has is a contractual claim against Robinhood Europe, UAB, and nothing else.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Objectives — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Redemption for underlying shares (rights.redemptionForUnderlyingShares)
  Value: No. Cash-settled only. Exit is a buy-back by Robinhood Europe at the then-quoted price of the underlying, less fees, requested through the app — the token can never be exchanged for a share.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is the difference between a share/ETP and a share/ETP derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Eligibility · Country and investor eligibility (eligibility.investorEligibility)
  Resolves via: Which jurisdictions and investor categories are permitted to acquire, hold, or transfer the token. Half of this is now answered: see eligibility.investorCategory. The jurisdiction half is not. Reviewed the Robinhood Europe PRIIPs Key Information Document (1 July 2026), the Description of Services, Financial Instruments and Risks (from 1 July 2026), and the Robinhood Terms & Conditions (document id 20250822-4767855-15024375) on 2026-07-31 — none of the three enumerates the countries in which Stock Tokens may be offered, held, or transferred, and none states a US-person restriction for this product. Attempted the Stock Tokens terms and conditions at cdn.robinhood.com on 2026-07-31 — HTTP 403, unavailable. Would require the Robinhood Europe Stock Token customer agreement.
- [Verified] Legal rights · Bankruptcy treatment (rights.bankruptcyTreatment)
  Value: Unsecured single-counterparty exposure to Robinhood Europe, UAB. The KID states the Product is not covered by an investor compensation or deposit insurance scheme; no collateral pool, no security trustee, no ring-fenced pool of NVIDIA shares is described. Read alongside rights.investorInsuranceScheme, which reports the firm-level scheme the issuer publishes separately.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What happens if Robinhood Europe is unable to pay out? — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Venue fees (fees.venueFees)
  Value: Entry 0.10% and exit 0.10% of the amount, stated as the most that will be charged. Management, administrative, operating and transaction costs are all stated at 0.00% per year, and there is no performance fee. The document's own worked example: EUR 20 total cost on EUR 10,000 held for one year.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What are the costs? — Composition of costs — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Quote & liquidity · True secondary-market depth (liquidity.secondaryMarketDepth)
  Value: There is no secondary market to have depth in. The token is non-transferable and non-assignable: minted when the derivative is opened, burned when it is closed. No resting order book, no realised secondary transfer volume. Every entry and exit is bilateral with Robinhood Europe at the then-quoted price of the underlying.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is tokenisation? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · What the token is, in law (wrapper.legalForm)
  Value: An over-the-counter derivative contract with Robinhood Europe, UAB, regulated under MiFID II. The holder's rights come from that contract; the blockchain token represents them. One token per underlying share or unit.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Type — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Wrapper identity · Issuing entity and supervisor (wrapper.regulator)
  Value: Robinhood Europe, UAB — a Lithuanian investment firm, legal entity code 306377915, supervised by the Bank of Lithuania. Not the US broker-dealer.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § Product — PRIIP Manufacturer / Competent Authority — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · How corporate actions are applied (corporateActions.mechanism)
  Value: By amending the derivative contract and rebasing the token. That rebasing is what the shares-per-token multiplier in the API expresses.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is a derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Permitted investor category (eligibility.investorCategory)
  Value: Retail clients, as defined by Lithuania's Law on Markets in Financial Instruments transposing MiFID II — but only informed ones: the KID restricts the product to retail investors with specific knowledge and experience of similar products who can bear a total loss.
  Source (document): Key Information Document — US-listed Share / ETP Derivative (Robinhood Europe, UAB (PRIIP manufacturer, legal entity code 306377915), Date of Document Production: 1 July 2026 (document id 20260626-5664125-17985354)) § What is this product? — Intended retail investor — https://cdn.robinhood.com/assets/robinhood/legal/stock_tokens_kid_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Fees · Currency-conversion fee (fees.currencyConversion)
  Value: 0.10% per transaction on the euro value of the executed FX, charged on the way in and on the way out — this is what the KID's entry and exit costs are. The fee schedule states no other Classic Stock Token trading fee applies. Neither document discloses a spread inside the EUR/USD rate itself.
  Source (document): Standard Pricing Fee Schedule (Robinhood Europe, UAB, document id 20260622-5628651-17828471) § Robinhood Classic Stock Tokens — Trading and FX Fees — https://cdn.robinhood.com/assets/robinhood/legal/fee_schedule_EU.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Dividend treatment (rights.dividendTreatment)
  Value: Dividend amounts pass through as a contractual right under the derivative — not as a shareholder dividend — and the document states they are not guaranteed.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section I — What is the difference between a share/ETP and a share/ETP derivative contract? — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Firm-level investor insurance (rights.investorInsuranceScheme)
  Value: Robinhood Europe, UAB participates in Lithuania's Insurance System of Liabilities to Investors, coverage limit EUR 22,000, payable within three months of an insured event; loss of investment value is excluded. This is a firm-level scheme. The KID states separately that this Product is not covered by an investor compensation scheme. EquityLayer does not reconcile the two — both are reproduced as published, and which one governs a Stock Token claim is not settled by the documents reviewed.
  Source (document): Key information on the Insurance of Liabilities to Investors (Robinhood Europe, UAB, document id 20260624-5643162-17889778) § Key information on the Insurance of Liabilities to Investors — https://cdn.robinhood.com/assets/robinhood/legal/key_information_on_the_liabilities_to_investors_insurance_scheme_eu.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Custody and segregation (rights.custodySegregation)
  Value: The derivative positions sit in individual client accounts, segregated from other clients and from Robinhood Europe's own holdings, with no right of use absent explicit consent. Note what this does and does not cover: it is segregation of the derivative position. No pool of underlying NVIDIA shares held for token holders is described anywhere in the documents reviewed.
  Source (document): Description of Services, Financial Instruments and Risks (Robinhood Europe, UAB, applies from 1 July 2026 (document id 20260622-5631134-17836042)) § Section II — Description of custody services … 1. US Share Derivatives — https://cdn.robinhood.com/assets/robinhood/legal/description_of_services_financial_instruments_and_risks_eu.pdf — read 2026-07-31
  Observed: 2026-07-31

Processed corporate actions (1):
- Forward split · Completed · processed 2026-07-02 · 0x000000000000000000000000000000001adecf2c6a3749f9873b8926b5977c0a
  Forward split · Underlying symbol: CRWD
  Forward split · Old rate: 1
  Forward split · New rate: 4

Unknown count for Robinhood Stock Token: 3

#### xStocks (Solana) (adapter planned — second rail)
- Issuer: Backed Assets (JE) Limited · Venue: Solana · Token: Not established
- Fields: 8 Verified · 22 Unknown · 30 total
- Adapter planned — second rail. Nothing here has been machine-verified. Every Verified row below is a documentary row: read by hand from the issuer's own prospectus, Final Terms, or product page, with the section and the passage recorded. Anything that needs a live read of the chain or a venue stays Unknown until the adapter ships.

- [Unknown] Underlying company · Underlying ticker (underlying.ticker)
  Resolves via: Which underlying the wrapper tracks, as stated by the issuer rather than inferred from the token's name. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for CRWD. Would require the Final Terms for the xStocks series over CRWD; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Underlying company · Underlying company name (underlying.name)
  Resolves via: The registered name of the underlying issuer as stated by the wrapper issuer. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for CRWD. Would require the Final Terms for the xStocks series over CRWD; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Wrapper identity · Token symbol (wrapper.tokenSymbol)
  Resolves via: The token symbol the issuer assigns to this series. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for CRWD. Would require the Final Terms for the xStocks series over CRWD; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Wrapper identity · Issuer (wrapper.issuer)
  Value: Backed Assets (JE) Limited — a Jersey private limited company acting as a dedicated issuance vehicle, registered with the Jersey Financial Services Commission, trading as xStocks.
  Source (document): xStocks Docs — Product Legal Overview (issuer documentation site) (Backed Assets (JE) Limited / xStocks, undated page, read 2026-07-31) § Issuer — https://docs.xstocks.fi/docs/product-legal-overview — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Wrapper identity · Onchain asset id (wrapper.assetId)
  Resolves via: The issuer's canonical identifier for this wrapper. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for CRWD. Would require the Final Terms for the xStocks series over CRWD; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Wrapper identity · Asset status (wrapper.assetStatus)
  Resolves via: Whether the wrapper is currently active, paused, or delisted. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Canonical contract address (contract.address)
  Resolves via: The canonical mint address, and an issuer-published record that would let a look-alike token carrying the same ticker be rejected. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for CRWD. Would require the Final Terms for the xStocks series over CRWD; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Chain (contract.chainName)
  Resolves via: Which networks the issuer publishes a securities ledger on for this series. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for CRWD. Would require the Final Terms for the xStocks series over CRWD; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Chain id (contract.chainId)
  Resolves via: Solana is not EIP-155 chain-id addressed; the equivalent network identifier is not asserted here. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Canonical contract · Registry uniqueness check (contract.registryCheck)
  Resolves via: Whether exactly one issuer-named mint carries this ticker, which is what makes a same-ticker fake token detectable. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for CRWD. Would require the Final Terms for the xStocks series over CRWD; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Corporate actions in feed (corporateActions.count)
  Resolves via: Processed splits, dividends, and other corporate actions applied to the wrapper. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Current multiplier (shares per token) (corporateActions.currentMultiplier)
  Resolves via: The shares-per-token ratio currently in force. Reviewed the Final Terms for Product Nr. 19 NVDAx (17 November 2025) and the Backed Assets Base Prospectus (8 May 2026) on 2026-07-31 — they fix the denomination basis (recorded at contract.denominationBasis) but publish no observed ratio at any instant, and no proof-of-reserve or attestation report was located. Would require an issuer attestation or an onchain adapter reading supply against custodied shares. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Pending multiplier change (corporateActions.pendingMultiplier)
  Resolves via: Any announced but not-yet-effective ratio change. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Corporate actions · Full lifetime corporate-action history (corporateActions.fullHistory)
  Resolves via: The complete record of corporate actions since issuance. Reviewed the Final Terms for Product Nr. 19 NVDAx (17 November 2025) and the Backed Assets Base Prospectus (8 May 2026) on 2026-07-31 — both state the adjustment mechanism (recorded at corporateActions.mechanism) and neither publishes a register of adjustments actually made. Would require an issuer-published adjustment notice archive, which clause XIX. Notices contemplates but does not link. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Bid (liquidity.bid)
  Resolves via: Top-of-book bid. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Ask (liquidity.ask)
  Resolves via: Top-of-book ask. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Quote as-of (liquidity.quoteAsOf)
  Resolves via: The timestamp any quote would be valid at. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Trading halt (liquidity.halted)
  Resolves via: Whether trading in the wrapper or its underlying is halted. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Underlying daily trading volume (liquidity.underlyingDailyVolume)
  Resolves via: Volume traded in the underlying equity. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · Token mint/burn volume (liquidity.mintBurnTokenVolume)
  Resolves via: Tokens minted and burned, the primary-market proxy for real wrapper demand. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Eligibility · Underlying tradability by session (eligibility.tradingCapabilities)
  Resolves via: Which trading sessions the wrapper can be transacted in. No EquityLayer adapter reads the xStocks rail yet, and issuer documents do not publish live market or state data. Adapter planned — second rail. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Verified] Legal rights · Token-holder legal rights (rights.tokenHolderLegalRights)
  Value: A creditor claim against the issuer, secured on collateral allocated to that specific product — not share ownership. No vote, no dividend as a shareholder, no pre-emption, no claim on the underlying shares themselves, and no residual claim on the issuer once the pro-rata realisation proceeds have been paid.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause III. Rights attached to Products — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Redemption for underlying shares (rights.redemptionForUnderlyingShares)
  Value: A holder-initiated redemption right does exist — the Investor Put Option, exercisable at any time by submitting a Redemption Order to the issuer — but it settles in cash or cryptocurrency, never in shares: physical delivery of the underlying is excluded. Settlement runs to T+5 after the issuer receives the tokens, minus Investor Fees, and only after the holder passes KYC/AML; the issuer may reject a redemption on negative findings.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause II. Form and Transferability of Securities, and clause VI.iv Investor Redemption (Investor Put Option) / VI.v Settlement — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Country and investor eligibility (eligibility.investorEligibility)
  Value: Excluded outright: US persons and any US address, jurisdictions where distribution would be unlawful (the prospectus names North Korea, Syria and Iran), and FATF call-for-action jurisdictions. Permitted distribution rests on the FMA Liechtenstein approval notified into 29 named EEA states. Investor category is narrowed too: under Jersey's SPB Order the Products may be issued only to a Professional Investor or to someone who has acknowledged the SPB Order investment warning, and subscription or redemption with the issuer requires passing KYC/AML.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § IMPORTANT INFORMATION — General Sales Restrictions, and Terms and Conditions clause XXV. Selling Restrictions — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Legal rights · Bankruptcy treatment (rights.bankruptcyTreatment)
  Value: Segregated, product-specific collateral with an independent Security Agent holding a lien for investors. Issuer insolvency is a Realization Event: the Security Agent realises that product's collateral and distributes Net Realization Proceeds pro rata to its holders. But holders rank behind the Security Agent, the Custodian and the Paying Account Provider, whose fee and cost claims come out first, and there is no residual claim on the issuer afterwards.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause IV. Collateralization, and clause XXII. Realization Event and Realization of Collateral — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Unknown] Fees · Venue fees (fees.venueFees)
  Resolves via: Mint, burn, spread, custody, transfer, and corporate-action handling fees charged by the venue or issuer. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the xStocks Product Legal Overview on 2026-07-31 — both are programme-level and neither names the series detail for CRWD. Would require the Final Terms for the xStocks series over CRWD; this sweep read Product Nr. 19 (NVDAx) only. Resolve via xStocks / Backed Assets (JE) Limited prospectus / Final Terms.
- [Unknown] Quote & liquidity · True secondary-market depth (liquidity.secondaryMarketDepth)
  Resolves via: Resting order-book depth and realised secondary transfer volume for the wrapper. Reviewed the Backed Assets (JE) Limited Base Prospectus (8 May 2026) and the Final Terms for Product Nr. 19 NVDAx (17 November 2025) on 2026-07-31 — neither publishes order-book depth or transfer volume, by design; the Final Terms record only that no market maker is appointed. Unlike the Robinhood token, this one is freely transferable, so a secondary market can exist and its depth is a real, unanswered question. Would require an onchain Solana adapter reading the issuer-named mint, plus order-book data from the venues that list it.
- [Verified] Wrapper identity · What the token is, in law (wrapper.legalForm)
  Value: An open-ended tracker certificate — a debt instrument of the issuer, securitised as a ledger-based security (Registerwertrecht) under art. 973d of the Swiss Code of Obligations. Not a share, not a fund unit, and it pays no interest. The token is the certificate.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause I. Product Type (with clause II. Form and Transferability of Securities) — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Corporate actions · How corporate actions are applied (corporateActions.mechanism)
  Value: Through 'Adjustment Events'. Splits, delistings, capital increases and special dividends all qualify. The issuer decides — at its own discretion, without investor consent — whether one has occurred and what adjustment to make. No fixed formula is published.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause IX. Adjustments for Products related to any Underlying or Collateral — i. Adjustments — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31
- [Verified] Eligibility · Transfer controls on the token (eligibility.transferControls)
  Value: Freely transferable peer to peer, with one carve-out: the smart contract may block addresses flagged as sanctioned, screened by a third-party oracle. The tokenizer — not the holder — controls the mint, burn, pause and contract-update functions.
  Source (document): Base Prospectus for the issuance of tokenized securities of Backed Assets (JE) Limited (Backed Assets (JE) Limited, approved by the Financial Market Authority Liechtenstein, 8 May 2026, valid until 7 May 2027) § Terms and Conditions, clause II. Form and Transferability of Securities — Transfer (Übertragung) — https://cdn.prod.website-files.com/655f3efc4be468487052e35a/69fdfc3d5eeb5d3d2085f97d_Backed%20Assets_Base%20Prospectus_20260508_signed.pdf — read 2026-07-31
  Observed: 2026-07-31

Unknown count for xStocks (Solana): 22

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