Not everything called a tokenized stock is a stock.

The same company can have several tokens on Solana, and they do not confer the same rights. One may be a real share you can move to a brokerage. One may be a certificate against an offshore issuer. One may expire worthless on a date nobody told you about.

Try SpaceXAppleNvidiaNetflix

Netflix · NFLX

underlying security US64110L1061
These tokens confer materially different legal claims
No move between these tokens can be routed on-chain today

3 further moves would improve the claim but cannot be routed on a DEX — those destinations are issued directly rather than traded.

Buying Netflix with a swap gets you NFLXx (C). NFLX (A) is the stronger claim and is not traded on any DEX.

Buy Netflix with USDC

Connecting is read-only and costs nothing. Claim never holds a key and never submits a transaction — your wallet does, only if you approve it.

C
NFLXx
Netflix xStock · xStocks (Backed)

A certificate against the issuing entity, not the company. If the issuer fails, your claim is against the issuer.

XsEH7wWfJJu2ZT3UCFeVfALnVA6CP5ur7Ee11KmzVpL
  • A certificate against the issuing entity, not the company. If the issuer fails, your claim is against the issuer.
    xStocks (Backed), Backed Assets (JE) Limited, Jersey · source
  • A permanent delegate can move or burn these tokens from any wallet, including yours.
    permanentDelegate = 5aMNNLQJwAEeoemTEMkv5NVjqKwvvefRYCQ5Z67HFvEq
  • Apps that read the multiplier field naively show 10% of your real balance.
    multiplier 1, effective 10
  • Redeemable with the issuer, subject to eligibility and minimums.
    Verified from the public API: issuance and redemption enabled with a USD 1,000 minimum on 828 of 832 Solana assets. No ACATS/DTCC path. · source
  • No shareholder rights. You get price exposure, not ownership.
    Price exposure only; tokens do not confer shareholder rights. · source
  • Matches the issuer's canonical mint pattern and carries real issuance machinery.
    carries the full issuance, pause and corporate-action machinery; minted by the issuer's own authority (7pt9tkctJPK7PPNQJ77GKg8ZffSF6QxoMiCFYHxrtaCj), verified on chain rather than inferred
How this grade was reached
+3claim structure: securitized_exposure
+1an authority can seize from any wallet
4total · F at 10, D at 7, C at 4, B at 2, otherwise A
B
NFLXon
Netflix (Ondo Tokenized) · Ondo Global Markets

A certificate against the issuing entity, not the company. If the issuer fails, your claim is against the issuer.

g4KnPrxPLeeKkwvDmZFMtYQPM64eHeShbD55vK6ondo
  • A certificate against the issuing entity, not the company. If the issuer fails, your claim is against the issuer.
    Ondo Global Markets, Ondo Finance; shares held at US-registered broker-dealers · source
  • Redeemable with the issuer, subject to eligibility and minimums.
    24/7 mint and redemption for eligible users. · source
  • No shareholder rights. You get price exposure, not ownership.
    issuer documentation · source
  • No DEX route. This issuer expects you to redeem with them directly rather than sell on the open market, so check you are eligible before buying.
    Jupiter: TOKEN_NOT_TRADABLE · source
  • Matches the issuer's canonical mint pattern and carries real issuance machinery.
    carries the full issuance, pause and corporate-action machinery; minted by the issuer's own authority (9foMHsSDq7nMg4WPusSz9eY7tyxyukqborA8GyU5cUxD), verified on chain rather than inferred
  • No permanent delegate. The issuer cannot take these tokens out of your wallet.
    no permanentDelegate extension on the mint
How this grade was reached
+3claim structure: securitized_exposure
3total · F at 10, D at 7, C at 4, B at 2, otherwise A
A
NFLX
Netflix, Inc. · Backpack Securities

A permanent delegate can move or burn these tokens from any wallet, including yours.

NFLX7qV57zuVxCoHy3s1jiGZyALraLNwttbxdvmYJLJ
  • A permanent delegate can move or burn these tokens from any wallet, including yours.
    permanentDelegate = 2cVYpagTt7ZGc3mmTXBa7fAznUtx5DUu6aCq8uVDaf4a
  • Transferable out to a traditional brokerage as real shares.
    Issuer states on/off-ramping is available between Solana, Backpack Securities and other traditional brokerages. · source
  • No DEX route. This issuer expects you to redeem with them directly rather than sell on the open market, so check you are eligible before buying.
    Jupiter: TOKEN_NOT_TRADABLE · source
  • Matches the issuer's canonical mint pattern and carries real issuance machinery.
    carries the full issuance, pause and corporate-action machinery; carries the issuer's permanent delegate (2cVYpagTt7ZGc3mmTXBa7fAznUtx5DUu6aCq8uVDaf4a), verified on chain rather than inferred
  • Backed 1:1 by shares in regulated custody; the token wraps a security entitlement.
    Backpack Securities, Backpack Securities (US registered broker-dealer) · source
How this grade was reached
+1an authority can seize from any wallet
1total · F at 10, D at 7, C at 4, B at 2, otherwise A
Structure descriptions are sourced and linked, not legal or investment advice. Every on-chain field shown here is readable from any public Solana RPC, so you can check all of it yourself rather than taking our word for it.

Indexed universe last rebuilt 33 days ago (2026-09-16 05:45 UTC). Issuer powers and balances may have changed since; rerun npm run scan for current state.