Abbott xStockPrice

(ABTX)

ABTX is a tokenized tracker certificate issued on the Solana and Ethereum blockchains, designed to track the price of Abbott Laboratories (ABT) stock 1:1. Each token is a Real World Asset (RWA) that is fully collateralized by actual underlying shares held in a regulated custody account by the issuer, Backed Assets. This ensures that every digital token in circulation is backed by a corresponding physical share.

While ABT is the traditional equity traded on the NYSE, ABTX is a digital representation of that stock on the blockchain. ABTX provides several Web3-native advantages, including fractional ownership—allowing users to purchase small amounts—and the ability to trade outside of traditional NYSE hours. Furthermore, it enables the asset to be utilized within the decentralized finance ecosystem.

ABTX holders do not have legal ownership of the underlying shares and therefore do not possess voting rights in Abbott Laboratories. However, holders are typically entitled to the economic equivalent of dividends. When the underlying stock pays a dividend, the value is generally reflected back into the token or distributed to holders according to the specific issuance terms defined by Backed Assets.

ABTX is a regulated product available to retail and professional investors in many global regions through platforms like LBank. However, due to strict securities regulations, U.S. investors are strictly prohibited from purchasing or holding ABTX. Users should ensure they are located in a supported jurisdiction and have completed any necessary verification before participating.

Yes. Unlike tokenized assets on closed traditional trading platforms, ABTX is a true Web3 asset. It can be withdrawn to compatible self-custody wallets on the Solana or Ethereum networks. Furthermore, because it uses standard token formats like SPL or ERC-20, it can be utilized within compatible decentralized lending protocols as collateral, allowing users to potentially borrow against their holdings.

On exchanges like LBank, ABTX is typically available for trading 24/5 to match global market hours, while it can be traded 24/7 on decentralized exchanges. While most retail users trade their tokens for stablecoins, eligible professional investors can initiate a formal redemption process with the issuer to receive the underlying shares, though this process usually involves specific fees and regulatory requirements.