Jersey Mike's Subs xStock

JMKEx (Jersey Mike's Subs xStock) is a tokenized equity product issued by Backed Assets, part of the xStocks family of tokenized stocks developed by Backed Finance. Each JMKEx token is a tracker certificate (ISIN CH1588658554) that tracks the price of Jersey Mike's Subs common stock.

The product is fully collateralized: for every token in circulation, the issuer holds the corresponding underlying security on a one-to-one basis with regulated third-party custodians, and collateralization can be verified through a public on-chain proof-of-reserves feed.