Coca-Cola tokenized stock (xStock) (KOX): D-Score 46/100 — Moderately Decentralized

BlockIndex D-Score: 46/100 (Moderately Decentralized). Coca-Cola tokenized stock (xStock) (KOX) is a Layer 2 cryptocurrency using Other consensus. Coca-Cola xStock: Tokenized Coca-Cola equity exposure issued across Solana SPL and ERC-20 blockchain rails.

Source: https://blockindex.ai/coin/kox · Data by BlockIndex.AI · Updated 2026-06-19

D-Score breakdown (0-100, higher means more decentralized)
Component: Score: Overall D-Score: 46: Node distribution: 0: Initial distribution: 25: Governance: 16: Age and history: 5: 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: 852,842

Market data (as of 2026-06-19)
- Price: $80.17
- Market cap: $68.37M
- 24h volume: $5,763.47
- 24h change: -2.23% · 7d change: -3.51%

About
Coca-Cola tokenized stock (xStock), traded under KOX or KOx in the provided source material, is a tokenized stock tracker certificate designed to track the price of The Coca-Cola Company. It is part of the xStocks and Backed.fi tokenized asset ecosystem rather than a standalone cryptocurrency network. The supplied data describes KOX as an onchain representation of equity-style exposure, intended for eligible market participants and not for distribution in the United States, to US persons, or in prohibited jurisdictions. Its primary mission is to make traditional stock exposure available through crypto-native rails, including wallet custody, always-on market access, immediate settlement, and potential DeFi composability.

Technically, KOX is not an independent blockchain and does not operate its own consensus, miners, validators, or native node network. The token is described as issued in Solana SPL and ERC-20 formats, with additional market-data services showing related deployments or tracking context across Ethereum, Solana, Arbitrum, BNB Smart Chain, TON, and Mantle. Its Solana token address is listed as XsaBXg8dU5cPM6ehmVctMkVqoiRG2ZjMo1cyBJ3AykQ, while several EVM explorers list the contract address 0xdcc1a2699441079da889b1f49e12b69cc791129b. Because KOX inherits the infrastructure of its parent chains, native blockchain metrics such as block timing, mining algorithm, full node count, block reward, and chain size are not KOX-specific.

The asset’s main use case is tokenized exposure to Coca-Cola stock within blockchain wallets and crypto trading venues. The broader xStocks platform material emphasizes 24/7 onchain access, wallet-compatible custody, unified liquidity between crypto and equity-style assets, and possible use in DeFi applications. KOX has visibility through major analytics and market-data platforms including CoinMarketCap, CoinGecko, Coinbase, and TradingView, and its contracts can be inspected through explorers such as Solscan, Etherscan, Arbiscan, BscScan, Mantlescan, Tonscan, Tonviewer, Ethplorer, Arkham, and Binplorer. Verified wallet support includes Ledger, Electrum, Argent, MetaMask, and Phantom, while trading venues include centralized and decentralized platforms such as Kraken, Coinbase, Bybit, Binance, Bitget, Gate, Raydium, Jupiter, and Orca.

The supplied tokenomics data is inconsistent across aggregators, but the CoinMarketCap-derived summary reports a total supply and circulating supply of 851.58K KOX, implying full circulation in that specific scrape. CoinGecko and Coinbase snapshots report different supply figures, so the CoinMarketCap values are used here because they are repeated in the combined summary. Market data in the master summary lists a latest price of $78.86, market capitalization of $67.15 million, 24-hour volume of $694.14, and an all-time high around $85.45 to $85.76 on February 15, 2026. KOX does not have a mining premine in the ordinary blockchain sense; it is an issued tracker certificate, not a mined coin.

Governance for KOX is not described as DAO-based or community-controlled. The DScore extraction identifies Backed / xStocks as the relevant corporate issuer or platform entity and characterizes governance as centralized issuer and off-chain corporate issuance. No KOX-specific founder, CEO, token-holder voting system, community treasury, open-source repository, or development roadmap is provided in the source files. The asset’s future direction therefore appears tied to the broader xStocks and Backed.fi tokenized securities infrastructure rather than to an autonomous blockchain roadmap.

Links
- Website: https://xstocks.com/
- Whitepaper: https://docs.backed.fi/
- GitHub: N/A

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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