Instruments · Tokenized Stocks

Strategy / MicroStrategy (xStocks MSTRx)

MSTRxTokenized StockHigh

Price return

Yield / return

1:1 backed token tracking Strategy (MicroStrategy) — a leveraged-Bitcoin-proxy equity — on-chain. Highly volatile.

Who may buy it

Available in DE (CySEC)

Buy on Kraken, withdraw to a Solana wallet

Go to Backed ↗

Minimum ~$1 · Self-custody possible · verify with the provider before acting

Key facts

Yield / return: Price return
Risk: High (volatile, BTC-leveraged)
Minimum: ~$1
Liquidity: 24/5 on Kraken; 24/7 on-chain
Custody: Self-custody possible
KYC: Required

Details

Issuer: Backed / Kraken (xStocks)
Type: Tokenized Stock
Category: Tokenized Stocks
Pillar: Market Tokens
Tracks: MSTR
Underlying ISIN: US5949724083
Token ISIN: CH1436219633
Yield source: Strategy share-price performance
Network: Solana (+Ethereum, BNB, Arbitrum, Mantle)
Jurisdiction: Jersey / EU service (CySEC)
AUM: $23M

Compare all providers by role →

The same security, tokenized 4 ways

MSTR is not only available as MSTRx. The alternatives below track the identical underlying (ISIN US5949724083) but differ in issuer, chain and — most importantly — in who is allowed to buy them.

bMSTR · Backed Finance

Open

EU (primary market for qualified investors)

MSTRon · Ondo Global Markets (BVI)

Professional

EEA: professional clients / qualified investors only (MiFID II Annex II §I; Prospectus Regulation (EU) 2017/1129 Art. 2(1)(e)) — not offered to EU retail

WTMSTR · ST0x

Unknown

Compare all 4 side by side →