Medtronic xStock (MDTX)
Realmint Score 83/100 · Stock on Solana.
MDTX is a Solana SPL Token-2022 tracker certificate issued by Backed Assets (JE) Limited, a Jersey SPV, that gives non-U.S. professional investors price exposure to Medtronic without conferring voting or dividend rights. Each token is backed 1:1 by the underlying held with regulated custodians, pledged via a three-party Account Control Agreement to a Security Agent acting directly for investors, with proof-of-reserves attested weekly and audited quarterly. The certificate is redeemable on demand against the issuer with T+5 cash settlement under Jersey law, and trades primarily on Solana DEXs and Kraken Pro.
Realmint Score: 83/100
- Backing: 90/100
- Enforceability: 80/100
- Control: 25/100
- Exit: 74/100
- Liquidity: 90/100
- Social: 100/100
Details
- Category: Stock
- Chain: Solana
- Issuer: Backed Assets (JE) Limited