Netflix xStock (NFLXX)
CryptoScore Pro global score : 52/100 (computed on 2026-10-30)
Netflix xStock (NFLXX) is a tokenized representation of Netflix equity, issued within the xStocks product family of the BackedFi ecosystem and classified under Tokenized Assets, Tokenized Stocks and Real World Assets (RWA) in the CoinGecko database. The token is designed for a crypto-native audience that wants on-chain exposure to a traditional US equity without holding a brokerage account. It is multi-chain by design, with the same EVM contract address 0xa6a65ac27e76cd53cb790473e4345c46e5ebf961 deployed across Ethereum, Arbitrum One, BNB Smart Chain, Optimism, Mantle, Ink, Monad, HyperEVM and X Layer, plus a distinct Solana mint XsEH7wWfJJu2ZT3UCFeVfALnVA6CP5ur7Ee11KmzVpL. The project launched on 2025-08-01, which makes it a recent asset whose market history is still short. The technical architecture is that of a tokenized equity wrapper: each unit is meant to track the price of the underlying Netflix share, and the issuer's documentation at docs.backed.fi describes the mechanics of issuance and redemption. The token standard follows the ERC-20 interface on EVM chains and the SPL standard on Solana, which explains the cross-chain deployment pattern. Its presence on more than ten…
Scores by pillar
| Technology | 62/100 |
|---|---|
| Tokenomics | 70/100 |
| Team | 46/100 |
| Adoption | 42/100 |
| Liquidity | 40/100 |
| Compliance | 75/100 |
Market data
| Price | $62.35 |
|---|---|
| Market cap | $2.27M |
| 24h volume | $80,915.90 |
| Market cap rank | #2279 |
| 24h change | -0.23% |
| 7d change | -8.36% |
| Blockchain | Ethereum |
| Sector | RWA |
Analysis
The protocol aims to remove access barriers to stock markets. It uses tokenization, the creation of a digital token representing an asset, to replicate US stocks. The system relies on a one-to-one backing. The token offers a legal right over the value of a Netflix share.