What is AAPLx? How to Buy the Apple Tokenized Stock

AAPLx is a tokenized version of Apple Inc.’s stock, created by Backed Finance under its xStocks platform. It allows investors to gain exposure to Apple’s equity performance directly on the blockchain without using traditional brokerage accounts. 

By representing Apple shares in tokenized form, AAPLx merges traditional finance with decentralized finance (DeFi), making it accessible to crypto traders worldwide.

With a net asset value (NAV) that closely mirrors Apple’s real stock price, AAPLx offers a regulated, asset-backed structure while providing the flexibility of on-chain trading. 

It appeals to both traditional investors looking for blockchain accessibility and crypto-native traders seeking diversified assets.

Key Takeaways

• AAPLx is a blockchain-based tokenized version of Apple Inc. stock
• Issued by Backed Finance under its xStocks platform
• Price closely tracks Apple’s stock NAV at around $233 per token
• Circulating supply is approximately 8,999 AAPLx tokens
• Can be traded on compatible CEX and DEX platforms that list tokenized stocks

How AAPLx Works

AAPLx operates as a tokenized asset representing shares of Apple Inc. 

Each token is backed by real Apple stock, held by a regulated custodian. 

The NAV is updated regularly to reflect Apple’s market price, ensuring that the on-chain token remains pegged to its off-chain counterpart.

By leveraging blockchain technology, AAPLx allows for:

• 24/7 trading outside traditional market hours
• Cross-border accessibility without jurisdictional trading restrictions
• On-chain settlement and custody instead of conventional stock brokers

Read Also: Introducing First Tokenized Stock (COIN) on Bitrue Alpha

Market Performance

• Net Asset Value (NAV): $233 (+11.58% from 30 days ago)
• Market Price: $229
• Market Cap: ~$2 million
• Circulating Supply: 8,999 AAPLx
• Monthly Active Addresses: 3,374

Over the past month, AAPLx has experienced both volatility and growth, with a recent rebound from its August low of around $3.24M IDR to the current ~$3.75M IDR price range.

Read Also: How to Hold Stocks Through Meme Coins

Where to Buy AAPLx

AAPLx can be purchased through select centralized exchanges (CEX) and decentralized exchanges (DEX) that support tokenized equities. Popular options include Bitrue and other platforms that have integrated Backed Finance’s tokenized products.

Buying Steps:

1. Create an account on a supported exchange like Bitrue
2. Deposit USDT or another supported stablecoin
3. Search for AAPLx in the trading section
4. Execute your buy order and store the token in a compatible wallet

Why Trade Tokenized Apple Stock?

Tokenized stocks like AAPLx offer the ability to:

• Access U.S. equity markets without a traditional broker account
• Trade Apple stock with cryptocurrency directly
• Enjoy fractional ownership with no minimum lot size
• Trade around the clock, even when Nasdaq is closed

Final Thoughts

AAPLx represents a key step in merging traditional stock market assets with the flexibility and accessibility of blockchain. 

While it carries the same market risks as holding Apple shares, the tokenized format offers new advantages, especially for global and crypto-native investors.

As tokenized finance grows, assets like AAPLx may become a standard bridge between Wall Street and DeFi.

Read Also: Are Tokenized Stocks Worth Buying? A Deep Dive

FAQ

What is AAPLx?

AAPLx is a tokenized version of Apple Inc.’s stock issued on the blockchain by Backed Finance.

Is AAPLx backed by real Apple shares?

Yes, each AAPLx token represents a share of Apple stock held by a regulated custodian.

Can I buy AAPLx without a broker?

Yes, AAPLx can be purchased on supported crypto exchanges without a traditional brokerage account.

Does AAPLx pay dividends?

Dividend distribution depends on the issuer’s structure. Some tokenized stocks distribute equivalent dividends on-chain.

Is AAPLx price the same as Apple’s stock price?

AAPLx tracks Apple’s stock price through its NAV, though minor differences can occur due to liquidity and exchange pricing.