Tokenized stock

Michelin (ML): every tokenized form

Michelin (ML) trades tokenized on BNB Chain (xStocks): MLx, a BEP-20 token issued by Michelin xStock that tracks the underlying share price and settles with the chain's own finality. The token is not the share: no ownership, voting, or dividend rights attach to it, and transfers follow the issuer's on-chain rules. The form's own page carries its contracts, diligence, and deep links.

Swap ML on BNB Chain (xStocks) → All tokenized stocks

One company, every chain it is issued on. Each form below has its own page with contracts, diligence, and deep links.

Michelin at a glance

Every tokenized form of Michelin

Same underlying, different issuers and chains. The ticker suffixes are the convention: plain on Robinhood Chain, a c on Base, an x for xStocks on Solana.

How each form is priced

Each issuer runs its own price feed for Michelin — BNB Chain (xStocks) reads Backed Assets — refreshed every few minutes while the underlying market trades. After the close a form holds the last mark; the chain beneath it keeps settling around the clock regardless. Exposure tracks the underlying share, settlement behaves like any token on its chain, and the two clocks only need to agree at the moment you trade.

Token rights, kept separate from share rights

Rights live in the share; the token carries the price of ISIN CH1588660535. That is the whole trade: a tokenized Michelin wrapper with no votes, no dividends and no SIPC — unless the issuer builds them in — but with on-chain settlement and your own keys. If you need the rights, the underlying share is the right instrument; if you need the exposure, every form below serves it.

Trade any form

Every link opens the swap with that form already selected.

Other tokenized stocks

Holding tokenized Michelin: the FAQ