Bending Spoons xStock

Bending Spoons xStock (BSPX) is a token issued by Backed Finance under the xStocks umbrella to provide on-chain economic exposure to the shares of Italian software company Bending Spoons. Bending Spoons is a technology company that develops and operates the consumer apps and digital services it acquires; the company's shares began trading on Nasdaq in 2026. BSPX is available on networks such as Solana, Ethereum, BNB Chain, Arbitrum and TON.

xStocks products are structured as tracker certificates backed one-to-one by the underlying shares held with a custodian. As a result, a BSPX holder does not become a shareholder of the company and has no shareholder rights such as voting or access to company information; the holder is only economically linked to the share's price movements. The tokens can trade on participating platforms; access may be restricted depending on the user's country and the platform's eligibility rules.

The value of BSPX depends primarily on the price of Bending Spoons shares on Nasdaq; risks related to the issuer and custody structure, price gaps outside market hours and regulations on tokenized securities also play a role. Lzzo.com shows DefiLlama's US dollar reference price for this token and a chart from the same source.