NVIDIA xStock

NVDAX Rank #539

$235.34▲ 0.41%24h

Low $234.20High $235.44

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Market cap$43.93MRank #539

Fully diluted value$242.90M

Volume (24h)$9.03MVol / Mcap 20.56%

Circulating supply186.7KNVDAX

Total supply1.03M

Max supply∞no hard cap

All-time high$240.34May 15, 2026

All-time low$150.30Jul 2, 2025

What is NVIDIA xStock?

Issuer and backing

The issuer is Backed Assets (JE) Limited. Its final terms identify NVIDIA common stock as the underlying asset. The product is backed by underlying shares held through custody arrangements. It is structured as a tracker certificate rather than direct ownership of NVIDIA stock. Token holders do not receive NVIDIA voting rights.

Token mechanics

NVDAx is available as a blockchain token, including on Ethereum and Solana. Compatible wallets can hold and transfer it. The token tracks the economic value of the underlying stock. Dividend benefits are reflected through the issuer's reinvestment and multiplier mechanism. They are not paid as direct cash dividends from NVIDIA to token holders.

Trading and redemption

The certificate has no fixed maturity date under its final terms. Issuance and redemption follow the issuer's applicable procedures. Primary-market access is subject to eligibility requirements and minimum transaction amounts. Exchanges provide separate routes for fractional secondary-market purchases. NVDAx can also be used in supported onchain trading and financial applications.