What are the risks associated with transferring Tesla tokenized stock (xStock)?

Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets, and self-custody requires secure private-key handling.

How can I verify the acquisition of Tesla tokenized stock (xStock)?

Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct and understand the custody method.

Where can I find official resources for Tesla tokenized stock (xStock)?

Official resources can be found on the Backed website and various blockchain explorers like Solscan, Arbiscan, and Etherscan.

Tesla tokenized stock (xStock) (TSLAX)

Rank #288

Market snapshot

Price: $349.20
Market cap: $67.1M
24h volume: $31.3M
Circulating supply: 192,250.0517
Total supply: 537,153.314
Max supply: N/A

What is Tesla tokenized stock (xStock)?

Tesla tokenized stock (xStock) (TSLAX) is designed to give eligible cryptocurrency market participants regulatory-compliant access to the stock price of Tesla, Inc., whilst maintaining the benefits of blockchain technology. It operates on multiple platforms including Solana, Ethereum, Arbitrum, and others, allowing for a decentralized investment approach.

Key information

Symbol: TSLAX
CMC rank: #288
Network / platforms: Arbitrum, BNB Chain, Ethereum, Ink
Categories: N/A
Date added: Jul 1, 2025

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Arbitrum
0x8ad3c73f833d3f9a523ab01476625f269aeb7cf0
BNB Chain
0x8ad3c73f833d3f9a523ab01476625f269aeb7cf0
Ethereum
0x8ad3c73f833d3f9a523ab01476625f269aeb7cf0

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Tesla tokenized stock (xStock)?: Tesla tokenized stock (xStock) (TSLAX) is a cryptocurrency that operates on the Solana platform, providing access to the stock price of Tesla, Inc.
What are the risks associated with transferring Tesla tokenized stock (xStock)?: Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets, and self-custody requires secure private-key handling.
How can I verify the acquisition of Tesla tokenized stock (xStock)?: Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct and understand the custody method.
Where can I find official resources for Tesla tokenized stock (xStock)?: Official resources can be found on the Backed website and various blockchain explorers like Solscan, Arbiscan, and Etherscan.

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