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OCB — Quality Rating

MSTR.x Quality Rating

Backed · Tokenized MicroStrategy stock on Solana, 1:1 backed under Backed's FMA-approved, EEA-passported prospectus.

MSTR.x (Backed) scores 73/100 on OnChain Benchmark's Verified Capital Quality Rating — Rated band — across four dimensions: disclosure quality 14/25, redemption liquidity 25/25, structural trust 16/25, and holder concentration withheld (not measurable to ground truth) (methodology v1.6, as of Sep 16, 2026).

MSTR.xTokenized Equities

Verified Capital Quality Rating

73/ 100
Institutional-grade

OCB — 01

MSTR.x across four dimensions

Each dimension is scored out of 25, then multiplied by its weight and summed into the /100 composite — so the four dimension scores are a weighted, not a plain, sum. Last scored Sep 16, 2026 on methodology v1.6.

DimensionScoreWeight
Disclosure Quality14 / 25×1.0
Redemption Liquidity25 / 25×1.0
Structural Trust16 / 25×1.0
Holder ConcentrationNot measured×1.0
CompositeΣ (score × weight)73 / 100

Holder Concentration is withheld for this instrument. Its holder base is too large or too widely distributed to measure to ground truth, so the concentration figure is not published. The composite reflects the three measured dimensions, renormalized.

OCB — 02

Evidence behind the rating

A sample of the verified facts behind MSTR.x's score. The full diligence trail is in the terminal.

  • Disclosure Qualitycontract address

    Contract address verified on Solana: XsP7xzNPvEHS1m6qfanPUGjNmdnmsLKEoNAnHjdxxyZ (primary deployment)

    Confirmed active onchain.

    Verified Aug 1, 2026· instrument_deployments registry — chain_id 1101
  • Holder Concentrationdata gap

    No holder concentration data available at time of scoring run.

    This gap is re-checked on every scoring run and will close once verifiable data is available.

    Verified Aug 1, 2026

OCB — 03

Key facts

Issuer
Backed
Asset class
Tokenized Equities
Methodology
v1.6
Last scored
Sep 16, 2026
Rubric
Verified Capital Quality Rating

Chain

SOLSolana
XsP7xzNP…jdxxyZExplorer ↗

Cite this rating

Reference MSTR.x's rating

Copy a ready-made citation. Every rating carries its methodology version and a stable permalink, so a citation stays accurate after a later rescoring run.

Plain
OnChain Benchmark (2026). MSTR.x Quality Rating: 73/100 (Rated band), as of Sep 16, 2026. Methodology v1.6. https://onchainbenchmark.com/instruments/mstr-x
Harvard
OnChain Benchmark (2026) 'MSTR.x Quality Rating', OnChain Benchmark, Rated band, 73/100, methodology v1.6. Available at: https://onchainbenchmark.com/instruments/mstr-x (Accessed: Sep 16, 2026).
BibTeX
@misc{ocb_mstr-x_2026,
  author = {{OnChain Benchmark}},
  title = {{MSTR.x Quality Rating}},
  year = {2026},
  note = {73/100, Rated band, methodology v1.6},
  url = {https://onchainbenchmark.com/instruments/mstr-x}
}

Or pull the data: MSTR.x rating (CSV)

Full diligence trail

The interactive terminal shows every verified fact behind MSTR.x's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.

View full diligence trail in the terminal →Read the methodology →
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