Novo Nordisk xStock (NVOX)
CryptoScore Pro global score : 46/100 (computed on 2026-10-30)
Novo Nordisk xStock (NVOX) is a tokenized representation of Novo Nordisk equity, issued under the xStocks brand within the BackedFi ecosystem. It is classified in the Tokenized Assets sector and in the Tokenized Stocks and Real World Assets categories. Its declared known blockchain is Arbitrum One, and the same contract address, 0xf9523e369c5f55ad72dbaa75b0a9b92b3d8b147e, is recorded across a broad set of networks including Ethereum, BNB Chain, Optimism, Mantle, Ink, Monad, HyperEVM and X Layer, while the Solana deployment uses the distinct address XsfAzPzYrYjd4Dpa9BU3cusBsvWfVB9gBcyGC87S57n. The token targets users who want exposure to a pharmaceutical equity through crypto-native rails, including centralized exchange trading, decentralized finance collateral use and on-chain transfers, without holding the underlying share directly. The verified contract is a proxy contract, and its source code is marked as verified. The contract was deployed on 2025-04-08 at 20:32:56 UTC, which matches the recorded genesis date of the asset. The proxy structure means that the logic can be upgraded by the controlling entity, a design choice that allows corrections and feature changes but places…
Scores by pillar
| Technology | 62/100 |
|---|---|
| Tokenomics | 70/100 |
| Team | 46/100 |
| Adoption | 4/100 |
| Liquidity | 29/100 |
| Compliance | 75/100 |
Market data
| Price | $40.77 |
|---|---|
| Market cap | $517,374.77 |
| 24h volume | $50.75 |
| Market cap rank | #3356 |
| 24h change | -0.3% |
| 7d change | -1.05% |
| Blockchain | arbitrum-one |
| Sector | Tokenized Assets |
Analysis
NVOX is a tokenized security, meaning a digital share representing units of Novo Nordisk. It uses Arbitrum One, a layer-2 solution designed to reduce fees, via Optimistic Rollups. The token enables fractional ownership of healthcare shares.