IREN tokenized stock (xStock)
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About IREN tokenized stock (xStock)IREN tokenized stock (xStock) tracks IREN Limited (renamed from Iris Energy in November 2024), which pivoted from bitcoin mining toward AI cloud/GPU compute services, including a large multi-year GPU cloud contract with Microsoft, while retaining a mining operation. Each token is backed 1:1 by custodied shares under Backed Finance's Liechtenstein FMA-regulated framework. This is a separate product from IREN Tokenized Stock (Reality).
Assets Details
Access Model
Redeemable
-Attestations
-CEX Listed
-KYC to mint or redeem
-Transferable
-Self Custody
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