Cisco xStockPrice

(CSCOX)

CSCO is a traditional share of Cisco Systems, Inc. traded on legacy stock exchanges like the NASDAQ. In contrast, CSCOx is a Real World Asset (RWA) token issued by Backed Assets that tracks the price of CSCO on various blockchains. While the token is backed 1:1 by actual shares held in custody, it is a separate digital instrument designed for 24/7 trading and integration within the crypto ecosystem, offering more flexibility than traditional equities.

No, CSCOx is not an official product of Cisco Systems, Inc. It is issued by a third-party entity called Backed Assets and is not endorsed, sponsored, or issued by Cisco Systems. It serves as a "wrapped" or tokenized version of the underlying stock, created to allow blockchain users to gain exposure to the price movements of Cisco equity without needing a traditional brokerage account.

CSCOx is fully collateralized, with every token backed 1:1 by a share of Cisco Systems common stock. These underlying shares are held in custody by regulated third-party institutions, such as Maerki Baumann & Co. in Switzerland. This structure ensures that the tokens have a verifiable claim to the value of the stock. As a tokenized asset, its security also relies on smart contract audits and compliance with legal frameworks like the Swiss DLT Act.

Holding CSCOx does not grant the user traditional shareholder voting rights. However, the token is designed to pass through the economic value of the underlying shares. This typically means that while you cannot participate in corporate governance, the economic equivalent of dividends is usually accounted for, often reflected in the token price or through specific distributions, depending on the issuer's terms.

Due to securities regulations, CSCOx is generally not available to U.S. persons or residents of countries with strict bans on such financial instruments. Users must typically pass KYC (Know Your Customer) verification on supported platforms like LBank to ensure eligibility. Once verified, the token can be purchased using cryptocurrencies like stablecoins (USDT/USDC) and can be held in compatible digital wallets.

CSCOx is currently supported on several major blockchains, including Solana, Ethereum, and Arbitrum. One of the primary advantages of this tokenized format is the ability to engage in fractional ownership. Unlike traditional markets that may require purchasing whole shares, CSCOx allows users to buy small fractions of a share, making it highly accessible for participants with different budget levels.