Thermo Fisher xStockPrice

(TMOX)

TMOX is a tokenized version of Thermo Fisher Scientific Inc. (TMO) common stock, categorized as a Real World Asset (RWA). While TMO is a traditional equity traded on the NYSE, TMOX is a digital token issued on blockchains like Solana or Ethereum. It is designed to track the price of the underlying stock, allowing investors to engage with equity markets through blockchain technology and digital asset platforms.

Yes. TMOX is designed to be backed 1-to-1 by actual shares of Thermo Fisher Scientific Inc. common stock. These shares are held in custody by regulated third-party institutions, such as Alpaca Securities or Maerki Baumann & Co. This ensures that the digital token is fully collateralized by physical assets held in a secure, regulated environment.

Holding TMOX does not grant legal ownership of the underlying stock or the right to vote in corporate meetings. Regarding dividends, TMOX is typically an 'accumulating' asset. This means that instead of receiving cash payouts, the value of the dividends is reinvested to increase the token's price relative to the stock. This allows holders to benefit from dividend value through price appreciation rather than direct payments.

Due to international securities regulations, TMOX is generally not available to U.S. persons. On platforms like LBank, access is typically restricted to retail clients in specific supported jurisdictions, such as those within the EU or EEA, or to individuals designated as 'Professional Investors.' Users must comply with KYC and AML requirements embedded in the smart contract or platform to trade these assets.

TMOX is primarily issued as an SPL token on the Solana blockchain and as an ERC-20 token on the Ethereum network. It can be traded on exchanges like LBank using cryptocurrencies such as Stablecoins (USDC/USDT) or native tokens (SOL/ETH). Users can manage their holdings through secure digital wallets, though they may need to manually add the token's contract address to view their balance.

The underlying shares are held in a bankruptcy-remote vehicle, often referred to as a 'segregated cell.' This legal structure is designed to ensure that the shares backing TMOX are protected from the issuer's creditors in the event of insolvency. While this provides a layer of security, investors should remain aware of the counterparty risks involving the custodian and the legal frameworks governing tokenized assets.