Tokenized asset

Sandisk (SNDK) on U.CASH

Sandisk (SNDK) is a tokenized asset on Solana issued by Backpack Securities. Each token tracks the underlying share 1:1 as a Token-2022 token and moves with Solana finality; the issuer holds pause, freeze, and delegate powers over the token. On U.CASH you can accept SNDK payments, swap it non-custodially, and hold it in your own wallet.

Straight into the app: Swap SNDK · Buy SNDK · Get UCASH with SNDK

Ticker
SNDK
Type
Tokenized asset
Launched
2026
Block time
~400 ms

Solana mainnet. Settlement on U.CASH is non-custodial: every payment moves on-chain, direct to a wallet you control. Confirmation policy for Sandisk: Solana finality (single slot).

One coin, three ways to use it

A single U Account works across accept, swap, and buy. Pick where to start.

5 forms across 4 chains, compared side by side: issuers, contracts, and ISINs.

On-chain token facts, issuer disclosures, and the public filings an investigator needs, in one place. Everything below is verified at generation time or links to the primary source.

Token supply
1,164,933,383
Mint authority
Yes (issuer)
Freeze authority
Yes (issuer)
SEC CIK
2023554
Exchange
Nasdaq

On-chain token facts

ProgramSolana Token-2022
Decimals6
ExtensionsmetadataPointer, permanentDelegate, defaultAccountState, pausableConfig, confidentialTransferMint, transferHook, scaledUiAmountConfig, tokenMetadata

Token-2022 extensions configured by the issuer. The issuer holds these powers by design; they are disclosed, not hidden.

Public filings (Sandisk Corp)

Latest filings from the U.S. Securities and Exchange Commission EDGAR system, for the underlying Sandisk Corp (CIK 2023554, Nasdaq). The token tracks this entity; it is not issued by it.

U.CASH reads the pool price on the token's own on-chain market, refreshed every few minutes. Open the swap for a live quote. Legal terms on the tokenized assets disclosure.

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Before you start

Getting started takes a wallet and an address. The wallet needs to hold Sandisk and a little SOL for gas on its chain; the address is where the output lands, raw hex or a resolvable web3 name both work. From there the flow is preview-first: what leaves, what arrives, the fee, and the network cost all sit on one screen before a signature happens. Keys never leave your side at any point, and the only thing the wallet ever signs is the exact transaction you read.

Fees and settlement

Two costs, both visible up front. The platform charges a flat 0.50% all-in on the swap and nothing hidden behind it, no spread and no routing cut. The network charges its gas in SOL, settling with about 400 ms blocks on Solana mainnet, itemized per leg in the preview. What settles is on-chain to the address you chose, under this asset's policy of Solana finality (single slot), and once confirmed the balance is entirely yours to move with no platform anywhere in the path.

Execution runs through the aggregated DEX route, which means the number you approved is the number that happens or the transaction reverts: swaps are atomic, with no half-settled state to unwind and no exposure window between legs. If a route cannot fill at your approved bounds it fails cleanly and you re-quote, which is the failure mode you want, cheap and loud rather than silent and expensive.

Tokenized assets price from their issuer's own feed rather than a crypto market, so the quote tracks the underlying's session, and transfer eligibility follows the issuer's on-chain rules: the contract enforces them at settlement, which is why the checkout asks buyers to confirm eligibility once. These assets are not card-buyable; acquisition runs through the swap rail, and the fee structure above applies unchanged. What the wrapper adds is exposure with wallet speed, not brokerage machinery: no deposit account, no settlement lag between deciding and holding. Holders keep the same options as any token: send it, spend it where it is accepted, or swap back out the way they came in, and every movement carries the chain's own finality with it.

Sandisk FAQ

What is a SNDK tokenized asset?
It is a Token-2022 token on Solana that tracks the underlying Sandisk share and is transferable under the issuer's on-chain rules.
Can anyone hold SNDK?
The token contracts enforce their own transfer compliance: transfers to or from addresses the issuer blocks revert on-chain, and the issuer can pause a token. Checkouts ask buyers to confirm they are eligible to hold tokenized assets under their local rules.
How is the SNDK price determined?
U.CASH reads the token's Solana pool price (Jupiter-routed liquidity) rather than a crypto market feed, refreshing every few minutes. Pre-IPO tokens can trade far above or below the private-market valuation of the underlying company.
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