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About Planet Labs xStock
PLx is a tokenised equity product that tracks the stock price of Planet Labs PBC, offering blockchain-based access to the company’s satellite data business through Ethereum and Solana networks.
PLx enables onchain exposure to Planet Labs PBC, a company operating a large fleet of Earth observation satellites. The token allows holders to gain exposure to the company's publicly traded shares, benefiting from its business model built around satellite imagery, analytics, and recurring revenue. The tokenised format facilitates blockchain-based settlement, custody, and transfer.
PLx is issued by Backed Assets (JE) Limited and tokenised by Backed Finance AG. Supporting service providers include Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG, and Security Agent Services AG, covering brokerage, custody, and asset safeguarding roles.
- Issuer: Backed Assets (JE) Limited
- ISIN: CH1473121379
- Network / Chain: Ethereum (ERC-20) & Solana (SPL)
- Issuer: Planet Labs PBC
- ISIN: US72703X1063
- Symbol: PL
- Name: Planet Labs PBC
- Tokenizer: Backed Finance AG
- Broker: Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG
- Custodian: Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG
- Security Agent: Security Agent Services AG
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