PepsiCo xStock (PEPx) is a fully collateralized, on-chain token offering 1:1 economic exposure to PepsiCo, Inc. (PEP) equity. Issued by Backed Assets (JE) Limited, PEPx provides blockchain-native, fractional access to the price of PepsiCo stock, with 24/7 tradability, self-custody, and DeFi composability. Holders receive economic exposure only, without voting rights or direct dividend claims. It is available on Solana (SPL), Ethereum (ERC-20), Arbitrum (ERC-20), and BNB Smart Chain (BEP-20), and is intended exclusively for qualified non-U.S. investors in permitted jurisdictions.
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