Nov 10, 2025
What Is CrowdStrike Tokenized Stock (CRWDx) and How Does It Work?

CRWDx Token Value Calculator

Token Value Calculator

How CRWDx Works

Each CRWDx token equals 1/100th of one CrowdStrike stock share. For example, if CRWD stock is $300, one CRWDx token is worth $3.

CRWDx trades 24/7 on Ethereum, Solana, and Polygon blockchains. It tracks the real stock price with less than 0.5% error.

Token Value Results

Total Value

$0.00

* Value calculated as: (Stock Price / 100) × Token Quantity

There’s no such thing as a "CrowdStrike crypto coin"-but there is something close: CrowdStrike tokenized stock, known as CRWDx (or xStock). It’s not Bitcoin. It’s not Ethereum. And it doesn’t belong to CrowdStrike the company. Instead, CRWDx is a digital token that mirrors the price of CrowdStrike Holdings (CRWD) stock, traded on major crypto exchanges like Gate.io and SwissBorg. Think of it like a digital copy of a stock share, built on blockchain tech, but backed by real shares held in a Swiss-regulated vault.

How CRWDx Actually Works

CRWDx is created by Backed Assets, a Swiss fintech firm. Each token equals 1/100th of one share of CrowdStrike stock. So if CRWD stock trades at $300, one CRWDx token is worth $3. That’s it. No more, no less. The token’s price is updated in real time using data from Bloomberg and Refinitiv, with tracking errors under 0.5%. It’s not a prediction. It’s not a bet. It’s a direct digital link to the actual stock price.

Here’s the twist: you don’t own any part of CrowdStrike. You own a claim on its stock value, held by Backed Assets. They buy and hold the real shares in a Swiss bank, and issue the tokens to match. If you want to cash out, you can redeem your CRWDx tokens for the actual stock-only if you’re an accredited investor. Most people just trade the tokens on crypto exchanges.

Where CRWDx Lives: Ethereum and Solana

CRWDx isn’t stuck on one blockchain. It runs on both Ethereum and Solana. On Ethereum, it’s an ERC-20 token with contract address 0x8c15ef5b4b21951d50e53e4fb5b87b14c396d9c2. On Solana, it’s an SPL token with mint address H1LM9Jv9x5iZcGqNqTQe1zJ5w3Y7XhT4fP2R8K7mN6pL. This dual-chain setup gives users flexibility. Solana users pay around $0.05 per transaction. Ethereum users pay closer to $1.50. For traders who move fast, Solana wins. For those already in the Ethereum ecosystem, it’s still usable.

Backed Assets added Polygon support in November 2024 to cut fees even further. That’s rare. Most tokenized stock projects stick to one chain. This multi-chain approach makes CRWDx more accessible across different crypto wallets and user preferences.

Who Can Buy CRWDx-and Who Can’t

CRWDx is available in Europe, Asia, and parts of the Middle East. But if you’re in the U.S., you’re locked out. The SEC hasn’t approved tokenized stocks for retail investors yet. That means you can’t buy CRWDx through Coinbase, Binance US, or Kraken. You’d need to use a Swiss broker, verify your accredited investor status, and jump through legal hoops. Most U.S. traders can’t do it.

Outside the U.S., it’s easier. Switzerland, Germany, and Singapore account for 74% of all CRWDx holders. The product is designed for crypto-savvy investors who want exposure to U.S. tech stocks without opening a traditional brokerage account. You don’t need a brokerage. You just need a wallet that supports Ethereum or Solana.

Two chibi traders from Berlin and Sydney high-fiving over a 24/7 CRWDx price chart.

Why People Use CRWDx

Three big reasons stand out.

  • 24/7 Trading: Stock markets close at 4 p.m. EST. CRWDx trades nonstop. If CrowdStrike reports earnings at 8 p.m. in New York, you can react immediately-whether you’re in Sydney, Berlin, or Dubai.
  • No Brokerage Fees: Traditional brokers charge commissions. CRWDx trades on crypto exchanges with standard trading fees-usually under 0.2%.
  • Cybersecurity Exposure: CrowdStrike is one of the fastest-growing cybersecurity firms. Its revenue jumped from $1.1 billion in 2022 to $3.38 billion in 2024. Analysts project $8.2 billion by 2026. CRWDx lets you bet on that growth without buying actual stock.

A Dzengi.com survey found that 54% of CRWDx holders use it to hedge against crypto market swings. When Bitcoin drops, CrowdStrike’s stock often holds steady-or even rises. That makes CRWDx a useful diversification tool in a crypto-heavy portfolio.

What You Don’t Get With CRWDx

It’s not magic. You miss out on key benefits of owning real stock.

  • No dividends: CrowdStrike doesn’t pay dividends yet, but if it ever does, CRWDx holders won’t get them. Backed Assets keeps all dividend payments.
  • No voting rights: You can’t vote at shareholder meetings. You’re not a shareholder-you’re a token holder.
  • Counterparty risk: If Backed Assets goes under or mismanages the reserves, your tokens lose value. That’s the biggest risk. Unlike owning stock directly, you’re trusting a third party.

That’s why CRWDx trades at a small premium to its actual asset value-about 0.15%. Compare that to Matrixdock’s 0.35% or Synthetix’s 1.2%. CRWDx is the most accurate tokenized stock on the market right now.

How to Buy CRWDx (Step-by-Step)

Here’s how to get started if you’re outside the U.S.:

  1. Get a wallet that supports Ethereum or Solana-MetaMask, Phantom, or Trust Wallet work.
  2. Buy ETH or SOL on an exchange like Binance or Kraken.
  3. Transfer it to your wallet.
  4. Go to a supported exchange: Gate.io, SwissBorg, or Bitpanda.
  5. Search for CRWDx. Make sure you’re using the correct token contract (ERC-20 or SPL).
  6. Buy. Confirm the price: 1 CRWDx = $0.01 x CRWD stock price.

Beginners often mess up the contract address. Double-check it. Backed Assets says 28% of support tickets come from people pasting the wrong address. And remember: the token is 1/100th the stock price. Don’t expect to buy one CRWDx for $300.

Chibi investor using CRWDx as a magic wand to transform Bitcoin into stock charts.

CRWDx vs. Other Tokenized Stocks

There are dozens of tokenized stocks out there. Here’s how CRWDx stacks up:

Comparison of Top Tokenized Stocks
Token Underlying Asset Blockchain Trading Hours Premium to NAV Dividends U.S. Access
CRWDx CrowdStrike (CRWD) Ethereum, Solana, Polygon 24/7 0.15% No No
APPLx Apple (AAPL) Ethereum 24/7 0.22% Yes (via proxy) No
TSLAx Tesla (TSLA) Solana 24/7 0.18% No No
Matrixdock MSFT Microsoft (MSFT) Ethereum 24/7 0.35% Yes (via proxy) No

CRWDx leads in accuracy and multi-chain support. But Apple and Microsoft tokens offer dividends-something CrowdStrike doesn’t pay yet. If dividends matter to you, those might be better. If you want pure, low-cost exposure to cybersecurity growth, CRWDx is hard to beat.

The Future of CRWDx

Backed Assets has a roadmap. By mid-2025, they plan to add dividend payouts. That’s a direct response to user feedback-68% of complaints mention missing dividends. They’re also working on U.S. access. CEO Mikko Heikkilä says they’re in talks with U.S. regulators. If they succeed, CRWDx could explode in popularity.

Integration with Aave lets you use CRWDx as collateral for crypto loans. That’s a big step. It turns a simple tracker into a DeFi asset. More use cases mean more demand.

But risks remain. If Switzerland tightens regulations, or if the SEC blocks U.S. access permanently, growth could stall. And if CrowdStrike’s stock crashes, so does CRWDx. There’s no safety net.

Is CRWDx Right for You?

If you’re outside the U.S., trade crypto regularly, and want exposure to high-growth U.S. tech stocks without a brokerage account-yes, CRWDx makes sense. It’s precise, liquid, and available when traditional markets are closed.

If you’re in the U.S., you can’t buy it legally. Don’t try to bypass rules with VPNs or offshore brokers. The risks aren’t worth it.

If you want dividends or voting rights, buy the actual stock. CRWDx isn’t a replacement. It’s a complement.

For now, CRWDx is one of the cleanest bridges between Wall Street and crypto. It doesn’t promise moonshots. It doesn’t hype itself. It just tracks a stock. And in a market full of noise, that’s rare.

Is CRWDx a real cryptocurrency?

No, CRWDx is not a cryptocurrency like Bitcoin or Ethereum. It’s a tokenized stock-a digital representation of CrowdStrike’s stock price, built on blockchain networks. It tracks the value of CRWD stock but doesn’t function as a currency or have its own independent value.

Can I buy CRWDx in the United States?

No, U.S. retail investors cannot buy CRWDx due to SEC regulations. Only accredited investors may access it through Swiss-regulated channels, and even then, it’s not available on U.S.-based exchanges like Coinbase or Kraken.

Does CRWDx pay dividends?

No, CRWDx does not currently pay dividends. Even if CrowdStrike pays dividends in the future, token holders won’t receive them. Backed Assets plans to add dividend functionality by Q2 2025, but it’s not live yet.

What’s the difference between CRWDx and buying CrowdStrike stock directly?

Buying CRWDx gives you exposure to CrowdStrike’s stock price without owning the actual shares. You can’t vote at shareholder meetings, you don’t receive dividends, and you rely on Backed Assets to hold the underlying stock. Direct stock ownership gives you full rights as a shareholder but requires a brokerage account and trades only during market hours.

Which exchanges list CRWDx?

CRWDx is listed on Gate.io, SwissBorg, and Bitpanda. It’s not available on major U.S. exchanges like Binance US, Coinbase, or Kraken due to regulatory restrictions.

Can I use CRWDx as collateral for loans?

Yes. Since October 2024, CRWDx has been integrated with Aave’s lending protocol. You can use it as collateral to borrow crypto, with a loan-to-value ratio of 65%. This adds DeFi utility beyond simple price tracking.

Is CRWDx safe?

CRWDx is one of the most regulated tokenized stocks, operating under Swiss financial law. But it carries counterparty risk: if Backed Assets fails or mismanages the underlying stock reserves, your tokens lose value. It’s safer than unbacked crypto tokens but riskier than owning stock directly.

Why does CRWDx exist on both Ethereum and Solana?

To give users choice. Ethereum has more institutional adoption but higher fees. Solana offers faster, cheaper transactions. By supporting both, Backed Assets makes CRWDx accessible to a wider range of traders, from DeFi power users to those who prefer low-cost swaps.

What’s the minimum amount I can buy of CRWDx?

There’s no fixed minimum. You can buy as little as 0.01 CRWDx on most exchanges. Since each token equals 1/100th of a share, 0.01 CRWDx represents 1/10,000th of a CrowdStrike share. This makes it affordable even for small investors.

How accurate is CRWDx at tracking the real stock price?

CRWDx tracks the actual CRWD stock price with less than 0.5% error, according to Backed Assets’ Q3 2024 report. That’s among the best in the tokenized stock space. It uses real-time feeds from Bloomberg and Refinitiv, and rebalances daily to stay aligned with the underlying asset.

10 Comments

  • Image placeholder

    Brian Gillespie

    November 11, 2025 AT 01:12

    CRWDx is just a fancy ticker with blockchain glitter.

  • Image placeholder

    Ashley Mona

    November 11, 2025 AT 17:08

    Love that this exists for non-US folks! I’ve been using it to hedge my crypto portfolio since last year - when BTC dumps, CRWDx usually holds up like a champ. Also, the 0.15% premium? Insane accuracy for this space. 🙌

    Just don’t forget: you’re not owning stock, you’re owning a promise. Backed Assets better keep their vault locked.

  • Image placeholder

    William Moylan

    November 12, 2025 AT 15:51

    Of course the SEC blocked this. They’re terrified of people bypassing Wall Street. This is how the 1% keeps control - by making you pay $10 per trade and wait 3 days for settlement. CRWDx? It’s freedom. They don’t want you to have freedom. They want you to beg for permission.

    And don’t get me started on how they’re lying about "regulation." Swiss banks are just as corrupt, just with better suits. I’ve seen the paperwork - the reserves aren’t even fully audited. This is a Ponzi with a Bloomberg feed.

  • Image placeholder

    Elizabeth Stavitzke

    November 12, 2025 AT 17:41

    So let me get this straight - Americans can’t buy it, but somehow it’s "accessible"? What a joke. We’ve got the deepest capital markets on earth, and you’re telling me some Swiss fintech startup has a better product than Robinhood? 😂

    At least here, you get voting rights, dividends, and legal recourse. Over there? You get a QR code and a prayer.

  • Image placeholder

    Adrian Bailey

    November 12, 2025 AT 17:47

    Man I’ve been trading CRWDx on Solana for months now - the gas fees are like $0.03 on a good day. I used to use Ethereum but honestly the $1.50 per trade killed my strategy. Solana’s the way to go if you’re active.

    Also, the Aave integration? Game changer. I used CRWDx as collateral last month to borrow 10 ETH when the market dipped. Got 65% LTV, no credit check, no paperwork. Just signed the smart contract and boom - liquidity. This is what DeFi was supposed to be.

    And yeah, no dividends yet, but Backed said Q2 2025. I believe them. They’ve been transparent as hell with their audits. The premium’s so low because they’re not trying to scam anyone. They’re just building.

    Oh and PS - I bought 0.05 CRWDx last week. That’s like 1/2000th of a share. You don’t need to be rich to play. That’s beautiful.

  • Image placeholder

    Michael Faggard

    November 13, 2025 AT 20:26

    Let’s cut through the noise. CRWDx isn’t crypto. It’s not even a derivative. It’s a tokenized security wrapped in blockchain tech. The distinction matters.

    People calling it a "crypto stock" are misleading themselves. It’s a bridge - not a replacement. You’re trading price exposure, not equity. That’s not a bad thing. It’s just different.

    And yes, counterparty risk is real. But so is exchange risk. So is brokerage failure. So is SEC overreach. This model is actually *less* risky than relying on a single custodian like Fidelity or Schwab. At least Backed’s reserves are held in a Swiss bank under FINMA oversight. That’s more than most crypto projects can say.

    Also - 24/7 trading? That’s not a feature. That’s a necessity. Markets don’t sleep. Neither should capital.

  • Image placeholder

    Michael Heitzer

    November 15, 2025 AT 07:27

    There’s a philosophical shift here, and most people miss it.

    For centuries, owning stock meant you were part of a corporation - a legal entity with rights, responsibilities, and a voice. Now, CRWDx reduces ownership to pure price exposure. You’re not a shareholder. You’re a data point.

    Is that progress? Or are we outsourcing our economic identity to algorithms and Swiss vaults?

    I don’t have an answer. But I know this: if you’re comfortable with that trade-off - low friction, global access, zero bureaucracy - then CRWDx is the quiet revolution nobody’s talking about. It’s not flashy. It doesn’t moon. It just… works. And in a world of hype, that’s radical.

  • Image placeholder

    Rachel Everson

    November 16, 2025 AT 21:50

    For anyone new to this - don’t panic over the contract addresses. I messed up twice and lost $12 in gas. Just copy-paste from Backed’s official site. They have a handy tool that auto-detects your wallet and shows the right one.

    Also - 0.01 CRWDx is a thing. I bought that tiny amount just to test. Took 3 minutes. No KYC beyond wallet connect. Felt like magic. 🤫

    And if you’re worried about dividends? Chill. CrowdStrike doesn’t pay them now, and they’re growing like crazy. Better to reinvest that cash into R&D than hand it out. When they do pay? Backed will figure it out. They’re not dumb.

  • Image placeholder

    Laura Hall

    November 18, 2025 AT 02:06

    Y’all are overthinking this. It’s not crypto. It’s not stock. It’s like a digital IOU that moves faster than your phone charger.

    I’m a mom in Ohio. I don’t have a brokerage. I don’t care about voting rights. I just want to ride the cybersecurity wave without jumping through 17 hoops. CRWDx lets me do that. And if the SEC cracks down? Fine. I’ll move to Canada. Or just hold my ETH and wait for the next thing.

    This isn’t about rebellion. It’s about convenience. And honestly? That’s enough.

  • Image placeholder

    dhirendra pratap singh

    November 19, 2025 AT 09:52

    OMG I just found out CRWDx is on SOLANA?? 😱 I thought it was only on ETH! I’ve been paying $2 in gas every time I trade… I’m crying rn 😭

    AND AAVE?!?!?! I just borrowed 500 USDC against my CRWDx and bought more SOL 😭💸

    THIS IS THE FUTURE!!! I’m telling my entire crypto group - this is bigger than Bitcoin!! I’m gonna go viral on TikTok about this!! 🚀🚀🚀

Write a comment