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Apple xStock (AAPLx tracker)

Official-document verification is not direct product testing, full legal-package completeness, reserve inspection or legal approval. Unknown is never zero or permission; conflicting terms remain unresolved. No live liquidity, ranking, trading or wallet is provided.

Coverage and missing structures

Research covers two real-product structures; only independently approved records can appear in the public catalogue. This is not a full catalog of direct issuer-sponsored shares, custodial equity or synthetic products. The four educational models below describe questions to investigate, not four approved commercial listings.

Traditional brokerage share / direct issuer-sponsored share
Investigate shareholder register, intermediary custody, voting and applicable law. A token label alone does not establish shareholder status.
Custodial tokenized representation
Investigate the claim against the issuer/custodian, segregation and redemption. It may differ from direct ownership of the underlying company.
Synthetic price exposure
Investigate collateral, pricing, counterparty and cash settlement; price exposure is not proof of underlying ownership.
Equity perpetual
Investigate reference asset, funding, margin and liquidation. Reference-price exposure is distinct from holding the underlying share or token.

Real product record

An Apple-linked tracker security, not direct Apple share ownership. Residual recovery wording and the unread 2026 supplements remain unresolved.

Structure
Tracker debt security
Classification
Tokenized security
Holder rights
Debt claim · Contractual claim
Legal form
Tracker debt security
Symbol / ISIN
AAPLx · CH1436219187
Document scope
Jersey issuer; Swiss-law tracker; primary issuance and PDSL retail are separate channels
RWA EDU record revision
market-source-pack-2026-10-19-v1
Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Product ISIN CH1436219187; underlying Apple Inc. AAPL shares, ISIN US0378331005.

Document locator: Product Details / Underlying Information; Final Terms Part A

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • Apple xStock

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; channel-specific distribution

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-09-24 · Product page updated 2026-09-24

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Underlying identity and unit

Documented in this source package

Product ISIN CH1436219187; underlying Apple Inc. AAPL shares, ISIN US0378331005.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Product ISIN CH1436219187; underlying Apple Inc. AAPL shares, ISIN US0378331005.

Document locator: Product Details / Underlying Information; Final Terms Part A

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • Apple xStock

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; channel-specific distribution

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-09-24 · Product page updated 2026-09-24

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Issuer / contracting entity

Documented in this source package

Backed Assets (JE) Limited is the tracker issuer. Apple is the underlying company, not the issuer of this security.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Backed Assets (JE) Limited is the tracker issuer. Apple is the underlying company, not the issuer of this security.

Document locator: Product Details; Final Terms Part A

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • Apple xStock

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; channel-specific distribution

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-09-24 · Product page updated 2026-09-24

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Provider and separate roles

Documented in this source package

Backed issuance and Kraken/PDSL retail distribution have different terms; a retail minimum is not the issuer primary subscription minimum.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Backed issuance and Kraken/PDSL retail distribution have different terms; a retail minimum is not the issuer primary subscription minimum.

Document locator: Product page / Final Terms Part A pp5–6 / PDSL FAQ

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • Apple xStock

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; channel-specific distribution

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-09-24 · Product page updated 2026-09-24

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

  • xStocks Risk Disclosure

    Kraken / Payward Digital Solutions Ltd · PDSL distribution channel; non-US; not EEA derivatives terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: Unknown / not established · Disclosure/FAQ version not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Legal structure

Documented in this source package

Tracker debt security; collateral-agent enforcement provisions apply. Not issuer-sponsored Apple equity.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Tracker debt security; collateral-agent enforcement provisions apply. Not issuer-sponsored Apple equity.

Document locator: Final Terms III, IV, XVI, XX

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Asset backing and verification scope

Documented in this source package

Issuer documents describe collateral and service providers; these do not independently verify per-unit allocation, reserve sufficiency or guaranteed recovery.

Inspect field evidence

Research statement — not a verbatim primary-source quote · PROVIDER_CLAIM

Issuer documents describe collateral and service providers; these do not independently verify per-unit allocation, reserve sufficiency or guaranteed recovery.

Document locator: Service Providers; Final Terms IV/XVI/XX

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • Apple xStock

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; channel-specific distribution

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-09-24 · Product page updated 2026-09-24

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Holder rights

Conflicting or incomplete evidence

Debt/contractual claim, no Apple shareholder status. Part III says no residual claim; English Summary describes a subordinated asset claim. Residual recovery remains unresolved.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Debt/contractual claim, no Apple shareholder status. Part III says no residual claim; English Summary describes a subordinated asset claim. Residual recovery remains unresolved.

Document locator: Part III printed p12/PDF11 versus English Summary printed p41/PDF40

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Dividend / income treatment

Documented in this source package

Final Terms describe after-tax income rebasing. PDSL FAQ describes token-quantity reinvestment, not direct Apple cash dividends; channel implementation must not be conflated.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Final Terms describe after-tax income rebasing. PDSL FAQ describes token-quantity reinvestment, not direct Apple cash dividends; channel implementation must not be conflated.

Document locator: Final Terms printed p7/PDF6; PDSL FAQ dividends

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

  • xStocks Risk Disclosure

    Kraken / Payward Digital Solutions Ltd · PDSL distribution channel; non-US; not EEA derivatives terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: Unknown / not established · Disclosure/FAQ version not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Voting rights

Documented in this source package

Holder has no direct voting rights in Apple under these tracker terms.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Holder has no direct voting rights in Apple under these tracker terms.

Document locator: Part III printed p12/PDF11

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Custodian

Unknown / not established

Service providers are listed; their listing does not independently prove segregation, exact allocation or a complete insolvency outcome.

Inspect field evidence

Research statement — not a verbatim primary-source quote · PROVIDER_CLAIM

Service providers are listed; their listing does not independently prove segregation, exact allocation or a complete insolvency outcome.

Document locator: Service Providers; collateral-agent provisions

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • Apple xStock

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; channel-specific distribution

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-09-24 · Product page updated 2026-09-24

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Transferability

Unknown / not established

Not established in the inspected source package. No permission, zero fee or absence of risk is inferred.

Eligibility and channel conditions

Documented in this source package

Primary minimum USD 5000 and issuer KYC/Investor Put conditions differ from PDSL retail FAQ minimum USD 1 and channel restrictions including US/CA/UK/AU. No personal eligibility decision is made.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Primary minimum USD 5000 and issuer KYC/Investor Put conditions differ from PDSL retail FAQ minimum USD 1 and channel restrictions including US/CA/UK/AU. No personal eligibility decision is made.

Document locator: Part A printed pp5–6/PDF4–5; PDSL FAQ minimum/restrictions

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

  • xStocks Risk Disclosure

    Kraken / Payward Digital Solutions Ltd · PDSL distribution channel; non-US; not EEA derivatives terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: Unknown / not established · Disclosure/FAQ version not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Trading hours

Conflicting or incomplete evidence

PDSL disclosure describes 24/5 while broader xStocks marketing discusses 24/7/weekend development. Applicable retail hours require venue-specific recheck; not a promise of continuous liquidity.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

PDSL disclosure describes 24/5 while broader xStocks marketing discusses 24/7/weekend development. Applicable retail hours require venue-specific recheck; not a promise of continuous liquidity.

Document locator: PDSL FAQ trading hours; broader marketing not treated as governing terms

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • xStocks Risk Disclosure

    Kraken / Payward Digital Solutions Ltd · PDSL distribution channel; non-US; not EEA derivatives terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: Unknown / not established · Disclosure/FAQ version not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Trading and settlement

Unknown / not established

Not established in the inspected source package. No permission, zero fee or absence of risk is inferred.

Redemption / delivery

Documented in this source package

Investor Put is subject to issuer conditions and KYC, T+5 and payment in cash or issuer-specified currency; it is not universal instant retail redemption.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Investor Put is subject to issuer conditions and KYC, T+5 and payment in cash or issuer-specified currency; it is not universal instant retail redemption.

Document locator: Final Terms VI.iv–v printed pp18–19/PDF17–18

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Liquidity

Unknown / not established

Not established in the inspected source package. No permission, zero fee or absence of risk is inferred.

Leverage

Unknown / not established

Not established in the inspected source package. No permission, zero fee or absence of risk is inferred.

Primary risks

Documented in this source package

Issuer/counterparty, collateral enforcement and distribution risks. The legal index lists two 2026 supplements whose bodies were not obtained; the current legal package is incomplete.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Issuer/counterparty, collateral enforcement and distribution risks. The legal index lists two 2026 supplements whose bodies were not obtained; the current legal package is incomplete.

Document locator: Final Terms III/IV; Legal Documentation index; PDSL risk disclosure

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

  • Legal Documentation

    Backed Assets (JE) Limited · Backed issuance documentation; package completeness unverified

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: Unknown / not established · Index lists base prospectus 2026-05-08 and supplements 2026-07-27/2026-09-29; supplement bodies not read

  • xStocks Risk Disclosure

    Kraken / Payward Digital Solutions Ltd · PDSL distribution channel; non-US; not EEA derivatives terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: Unknown / not established · Disclosure/FAQ version not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Fees by channel and basis

Primary issuer · Documented in this source package

Management fee currently described as temporarily zero, with an allowed maximum of 0.25% per year; verify the applicable version.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Management fee currently described as temporarily zero, with an allowed maximum of 0.25% per year; verify the applicable version.

Document locator: Product page fees; Final Terms Part A

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • Apple xStock

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; channel-specific distribution

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-09-24 · Product page updated 2026-09-24

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Primary issuer · Documented in this source package

Issuer entry/exit fee up to 0.5%, with a separate USD 100 minimum per event. Not the all-in retail cost.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Issuer entry/exit fee up to 0.5%, with a separate USD 100 minimum per event. Not the all-in retail cost.

Document locator: Part A printed pp5–6/PDF4–5

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Primary issuer · Documented in this source package

Primary entry/exit minimum fee USD 100 per event; applies alongside percentage terms.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

Primary entry/exit minimum fee USD 100 per event; applies alongside percentage terms.

Document locator: Part A printed pp5–6/PDF4–5

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Retail venue · Documented in this source package

PDSL FAQ states a 1% spread plus funding-coin-dependent Instant fees; this is a distinct retail channel.

Inspect field evidence

Research statement — not a verbatim primary-source quote · DOCUMENTED_TERM

PDSL FAQ states a 1% spread plus funding-coin-dependent Instant fees; this is a distinct retail channel.

Document locator: PDSL FAQ fees

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • xStocks Risk Disclosure

    Kraken / Payward Digital Solutions Ltd · PDSL distribution channel; non-US; not EEA derivatives terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: Unknown / not established · Disclosure/FAQ version not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Retail venue · Unknown / not established

Additional retail funding/Instant charges were not fully priced in this source pack.

Inspect field evidence

Research statement — not a verbatim primary-source quote · UNKNOWN

Additional retail funding/Instant charges were not fully priced in this source pack.

Document locator: PDSL FAQ funding/Instant fees

Claim checked: 2026-10-19 · Applies from: Unknown / not established · Applies through: Unknown / not established

  • xStocks Risk Disclosure

    Kraken / Payward Digital Solutions Ltd · PDSL distribution channel; non-US; not EEA derivatives terms

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: Unknown / not established · Disclosure/FAQ version not established

Limits of this evidence: Official-document reading only; no direct product test, current market measurement or independent legal approval.

Source and version details

  • Apple xStock

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; channel-specific distribution

    Evidence level: VERIFIED_OFFICIAL · VERIFIED

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-09-24 · Product page updated 2026-09-24

  • Final Terms for Product Nr. 18 Apple xStock AAPLx (ISIN CH1436219187)

    Backed Assets (JE) Limited · Jersey issuer / Swiss-law product; final terms

    Evidence level: VERIFIED_OFFICIAL · VERIFIED

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: 2026-05-08 · Final Terms dated 2026-05-08; 162 PDF pages

  • Legal Documentation

    Backed Assets (JE) Limited · Backed issuance documentation; package completeness unverified

    Evidence level: VERIFIED_OFFICIAL · VERIFIED

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: Unknown / not established · Index lists base prospectus 2026-05-08 and supplements 2026-07-27/2026-09-29; supplement bodies not read

  • xStocks Risk Disclosure

    Kraken / Payward Digital Solutions Ltd · PDSL distribution channel; non-US; not EEA derivatives terms

    Evidence level: VERIFIED_OFFICIAL · VERIFIED

    Source retrieved: 2026-10-19 · First publication date: Unknown / not established

    Document version / update date: Unknown / not established · Disclosure/FAQ version not established

Learn the mechanism