# Accenture xStock (ACNX): D-Score 48/100 — Moderately Decentralized

**BlockIndex D-Score: 48/100 (Moderately Decentralized).** Accenture xStock (ACNX) is a Layer 2 cryptocurrency using Other consensus. Accenture xStock: Tokenized Accenture equity tracker issued across SPL and ERC-20 blockchain markets.

_Source: https://blockindex.ai/coin/acnx · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 48 |
| Node distribution | 0 |
| Initial distribution | 25 |
| Governance | 16 |
| Age and history | 7 |
| Autonomy | 0 |

## Key facts
- Layer: Layer 2
- Consensus: Other (N/A)
- Launch: Other (2025)
- Founder: N/A
- VC funded: No
- Max supply: N/A
- Circulating: 215,827

## Market data (as of 2026-06-19)
- Price: $128.87
- Market cap: $27.81M
- 24h volume: $39,363.29
- 24h change: -22.56% · 7d change: -24.12%

## About
Accenture xStock (ACNX/ACNx) is a tokenized tracker certificate designed to mirror the price exposure of Accenture plc Class A stock within crypto markets. It is part of the xStocks and Backed Assets product framework, issued by Backed Assets (JE) Limited with Backed Finance AG identified as tokenizer. The product gives eligible crypto-market participants blockchain-based exposure to the underlying Accenture share price, but it does not represent ownership of Accenture shares and is not a native cryptocurrency network. Backed’s product information identifies the underlying issuer as Accenture plc Class A, with the underlying company address at 1 Grand Canal Square, Grand Canal Harbour, Dublin 2, Ireland.

Technically, ACNX is a token rather than an independent blockchain. Source data identifies it as issued in both Solana SPL and ERC-20 form, with references to Ethereum or EVM-compatible networks and Solana as parent-chain environments. Because ACNX depends on existing blockchains, it has no independent consensus mechanism, mining algorithm, validator set, native full-node network, block production process, or UTXO design. Its chain performance, settlement characteristics, block timing, and network-level reliability are inherited from the chains and infrastructure on which the token versions operate. The reviewed contract address data only included a truncated Solana address, so the exact full contract address is not available from the supplied master summary.

The principal use case is tokenized exposure to Accenture plc Class A through a blockchain-settled tracker certificate. This places ACNX in the broader real-world asset and tokenized-equities category rather than the category of payment coins or smart-contract platforms. Verified exchange data lists ACNX on Kraken, Bybit, Bitget, and Coinbase, while verified wallet data includes Ledger, Electrum, MetaMask, and Phantom. The product is also referenced by market-data venues including CoinMarketCap, CoinGecko, CoinDesk, Backed Assets, and RWA.xyz, although ACNX-specific infrastructure services such as dedicated explorers, bridges, or oracle integrations were not confirmed above the stated confidence threshold in the supplied service summary.

The economic model is based on issuance and redemption of tokenized tracker certificates rather than mining rewards, staking rewards, or a fixed native-chain emission schedule. Market data in the combined summary varies by provider: CoinMarketCap showed a price of $196.08, market cap of $42.31 million, 24-hour volume of $169.16, and circulating and total supply of about 215,827 ACNX, while CoinGecko showed a price of $188.25, market cap of $270,708, circulating supply of 1,438 ACNX, and FDV of $62.01 million. CoinDesk snippets showed a lower price near $175.30, 1.44K circulating supply, and about 329.42K total supply. Because ACNX is an issued tokenized certificate, premine and public initial distribution metrics are not documented in the same way as a mined or ICO-launched cryptoasset.

Governance and development are issuer-driven rather than community-chain governance. The supplied data identifies Backed Assets (JE) Limited as issuer and Backed Finance AG as tokenizer, but does not provide ACNX-specific founders, CEO, DAO structure, token-voting process, public repository, open-source license, or technical roadmap. The regulatory context is central to the product: the master summary describes it as a tokenized tracker certificate or security product, notes that securities are not registered under the U.S. Securities Act, and says they are not offered to U.S. persons per Backed legal notices. No ACNX-specific hacks, chain freezes, enforcement actions, or protocol upgrade events were found in the provided material.

## Links
- Website: https://assets.backed.fi/products/accenture-xstock
- Whitepaper: https://docs.backed.fi/
- GitHub: N/A

---
About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore