Schwab International Equity Tokenised ETF (xStock) (SCHFX): D-Score 46/100 — Moderately Decentralized

BlockIndex D-Score: 46/100 (Moderately Decentralized). Schwab International Equity Tokenised ETF (xStock) (SCHFX) is a Layer 2 cryptocurrency using Other consensus. SCHFX: xStocks tokenized ETF exposure to Schwab International Equity ETF, not a native crypto network.

Source: https://blockindex.ai/coin/schfx · 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
- Founder: Backed Finance / xStocks
- VC funded: No
- Max supply: N/A
- Circulating: 2,086,374

Market data (as of 2026-06-19)
- Price: $28.37
- Market cap: $59.19M
- 24h volume: $1,492.53
- 24h change: -0.53% · 7d change: +5.11%

About
Schwab International Equity Tokenised ETF (xStock), shown by market venues as SCHFx/SCHFX, is an xStocks tokenized ETF product associated with Backed Finance infrastructure. It tracks exposure to the Schwab International Equity ETF (SCHF), which seeks to follow the FTSE Developed ex US Index. It is not the traditional Schwab mutual fund record previously implied by this database entry.\n\nxStocks are tokenized representations of U.S. equities and ETFs. Public xStocks materials describe them as 1:1 backed by the underlying security and issued as tokens across multiple chains including Solana, Ethereum, Mantle, TON, and Ink. SCHFx therefore belongs in BlockIndex as a tokenized RWA/security product, not as a native cryptocurrency or independent blockchain.\n\nIts decentralization profile is dominated by issuer, custodian, regulatory, redemption, and host-chain risks. It has no mining, validator network, block reward, UTXO model, DAO treasury, or autonomous base-layer governance of its own.

Links
- Website: https://assets.backed.fi/products/schwab-international-equity-xstock
- Whitepaper: N/A
- 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