Information About MAAT Market Tokens
In short: when a user buys a MAAT market token, such as mAAPL, MAAT Market does not merely create an internal MAAT Mainnet entry. The system buys or reserves the corresponding xStocks token on Solana, such as AAPLx. This linked xStocks position is used as an external blockchain reserve and liquidity source for the mToken.
What MAAT market tokens are
mAAPL, mTSLA, mNVDA and other tokens are digital instruments on MAAT Mainnet, built to give users access to the market dynamics of well-known public companies through blockchain infrastructure.
They are not company shares and do not represent equity ownership. They are MAAT market tokens whose external market reference and liquidity layer are third-party tokenized products called xStocks on Solana.
How reservation through xStocks works
When a user buys an mToken, MAAT Market prices the operation by reference to the corresponding xStock on Solana and forms a linked blockchain position in that xStock.
Each executed mToken order creates a linked blockchain reserve:
- mAAPL → AAPLx is reserved;
- mTSLA → TSLAx is reserved;
- mNVDA → NVDAx is reserved.
These xStocks are held on MAAT Market reserve wallets on Solana. Balances, movements and individual Solana transactions can be publicly checked through Solscan.
Why the price is not “drawn” inside MAAT Market
The mToken price is not arbitrarily created inside MAAT. It relies on the external tokenized xStocks market and on the linked xStocks position created when the purchase is executed. This gives the mToken an external market layer: price, liquidity, Solana transactions and verifiable reserve wallets.
What xStocks and Backed are
xStocks are issued through the Backed infrastructure: Swiss Backed Finance AG and the issuer Backed Assets (JE) Limited in Jersey. According to public xStocks materials, underlying assets are held with regulated custodians and brokers, including Maerki Baumann & Co. AG, InCore Bank AG and Alpaca Securities LLC, in separate accounts for each product.
The reserve structure is overseen by an independent Security Agent: Security Agent Services AG in Zug, Switzerland. Under the xStocks model, if the issuer fails to meet its obligations, the Security Agent may take control of the collateral accounts and act in the interest of xStocks holders in accordance with the prospectus terms.
Two layers of transparency
MAAT Market layer
When an mToken is purchased, a linked xStocks position is created on Solana. It can be checked through on-chain transactions and the project’s reserve wallets.
xStocks / Backed layer
xStocks themselves rely on Backed’s reserve structure, regulated custodians/brokers and an independent Security Agent.
Important
MAAT Market is not the issuer of xStocks, does not issue shares, and does not grant shareholder rights. MAAT market tokens do not provide dividends, voting rights or equity ownership in any company.
MAAT uses xStocks as an external blockchain reserve and liquidity source for MAAT market tokens. MAAT market tokens can rise and fall with the market dynamics of the corresponding xStocks. Users make their own decisions and bear market risk.