{
  "url": "https://blockindex.ai/coin/linx",
  "name": "Linde tokenized stock (xStock)",
  "links": {
    "github": null,
    "website": "https://assets.backed.fi/products/linde-xstock",
    "whitepaper": "https://docs.backed.fi/"
  },
  "dScore": 46,
  "market": {
    "priceUsd": 513.06273,
    "marketCapUsd": 71649503.52228993,
    "volume24hUsd": 1.31138834,
    "priceChange7dPct": 0.40759521,
    "priceChange24hPct": 0.0005321
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 139650.5716217,
    "circulatingPct": null
  },
  "ticker": "LINX",
  "founder": null,
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:19.452391+00:00",
  "fairLaunch": false,
  "launchYear": null,
  "description": "Linde tokenized stock (xStock), ticker LINX, is a tokenized real-world asset designed to track exposure to Linde plc equity rather than operate as an independent cryptocurrency network. The supplied source data describes LINX as Linde xStock, a tracker certificate issued through xStocks and Backed infrastructure for eligible cryptocurrency market participants. Its purpose is to provide blockchain-native settlement and custody around stock-price exposure while preserving a regulated-product framing. The project is therefore best understood as a tokenized stock instrument, not a base-layer chain, mining network, or decentralized protocol with native consensus.\n\nTechnically, LINX is issued across multiple existing blockchain ecosystems. The provided files identify Solana SPL and ERC-20 token formats, and separate network-address data references Ethereum, Arbitrum, BNB Smart Chain, and Solana. The EVM deployments use the contract address 0x15059c599C16Fd8f70B633Ade165502D6402CD49, while the Solana SPL token address is XsSr8anD1hkvNMu8XQiVcmiaTP7XGvYu7Q58LdmtE8Z. Because LINX is a tokenized tracker certificate, it does not have its own mining algorithm, staking mechanism, validator set, block timing, block reward, total block count, or independent transaction throughput. It inherits settlement characteristics from the parent chains on which it is issued.\n\nThe primary use case is tokenized equity exposure. LINX represents price exposure to Linde plc for eligible users seeking a crypto-market interface to a traditional equity-linked product. The supplied data also highlights a regulatory-compliant positioning, including claims that xStocks are backed 1:1 by underlying assets and are intended for non-US eligible users rather than distribution in prohibited jurisdictions. Ecosystem support is documented through market-data pages and explorers, including CoinMarketCap, CoinGecko, Coinbase, Solscan, Etherscan, Arbiscan, BscScan, Binplorer, Ethplorer, and Arkham. Wallet and trading access are reported across Ledger, MetaMask, Phantom, Electrum, Argent, Bitgo, Kraken, Coinbase, Binance, Raydium, Orca, and Jupiter, though much of this ecosystem data comes from extracted listings rather than issuer documentation.\n\nTokenomics in the provided data are limited to current market and supply metrics. CoinMarketCap reports a price of $483.63, market capitalization of $67.47 million, 24-hour trading volume of $99.06, and total and circulating supply of 139.51K LINX, implying approximately 100% circulation based on those equal values. The files do not disclose a maximum supply, original issuance mechanics, public initial percentage, premine percentage, ICO terms, or investor allocation. Because this is a tokenized stock tracker rather than a mined cryptocurrency, traditional premine and fair-launch concepts do not apply cleanly. The economic design is more closely tied to the underlying Linde plc exposure and Backed/xStocks issuance framework than to autonomous monetary policy.\n\nGovernance appears issuer-centered and off-chain. The DScore extraction identifies Backed / xStocks as the relevant company infrastructure and describes the governance model as centralized issuer or off-chain regulated tokenized asset issuance. No DAO, token voting, community-governed treasury, executive team, founder list, GitHub repository, roadmap, source license, or protocol-level governance mechanism is documented in the provided files. Security history is also limited: no hacks, exploits, chain freezes, network halts, or LINX-specific smart-contract incidents were identified. The most important caveat for LINX is that many blockchain-native fields are not applicable because the asset is a tokenized stock certificate running on existing chains rather than a standalone blockchain.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "Other",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 5,
    "governance": 16,
    "nodeDistribution": 0,
    "initialDistribution": 25
  },
  "decentralizationVerdict": "Moderately Decentralized"
}