Vanguard xStockPrice

(VTIX)

VTIX is a blockchain-based tokenized real-world asset (RWA) that functions as a digital tracker certificate. It is designed to mirror the price performance of the Vanguard Total Stock Market ETF (VTI). This allows users within the Web3 ecosystem to gain exposure to approximately 3,800 U.S. stocks without requiring a traditional brokerage account, bridging the gap between traditional finance and decentralized technology.

Yes, VTIX is fully collateralized at a 1:1 ratio. For every VTIX token minted, the issuer, Backed Assets, maintains an equivalent share of the actual VTI ETF in custody with regulated financial institutions like InCore Bank or Alpaca Securities. Transparency is maintained through Chainlink Proof of Reserve (PoR), which provides on-chain verification that the tokens are consistently backed by the underlying assets.

VTIX is a multi-chain asset available on Ethereum and Solana. It has recently expanded to the TON (The Open Network) blockchain to leverage the extensive user base of Telegram. Users can access VTIX through the non-custodial TON Wallet integrated into Telegram, allowing them to buy, hold, and send tokenized stocks with the same ease as sending a chat message.

VTIX tokens are issued by Backed Assets (JE) Limited under the Swiss DLT Act and comply with EU regulations. However, due to strict securities laws, the product is generally unavailable to U.S. persons or residents of other restricted jurisdictions. Users are encouraged to review the issuer's compliance documents to ensure they meet eligibility requirements based on their location.

No. Holding VTIX provides price exposure to the underlying ETF but does not grant shareholder rights, such as voting power. While the token mirrors the ETF's performance, it is a certificate issued by a third party. Regarding dividends, users should consult the official Product Supplement from Backed Finance to see if dividend values are reinvested into the token price or distributed.

VTIX can be traded on exchanges such as LBank. To ensure security, users should only use official links from xstocks.com or backed.fi and avoid social media groups promising 'doubled' returns or 'liquidity mining' schemes. LBank provides a secure platform for trading these assets, but users must remain vigilant against phishing attempts that exploit the Vanguard brand name.