How to buy and trade AMD (AMD) tokenised stock

Introduction

When learning how to buy AMD tokenised stocks, the first thing to know is that they offer a modern bridge between traditional finance (TradFi) and the digital asset ecosystem. Market participants outside the US can use blockchain technology to gain direct exposure to traditional stocks. Let’s look at how platforms like Crypto.com make it straightforward to access tokenised stocks.

Claire Williamson4 minutes

What is AMD (AMD) tokenised stock?

A tokenised stock is a digital token on a blockchain that represents traditional corporate shares. When looking at AMD tokenised stock specifically, these assets track the real-world value and price movements of the underlying Advanced Micro Devices, Inc. (AMD) stock on a 1:1 basis.

Depending on the issuer, a tokenised asset can take different forms:

The AMD on asset is a tokenised real-world asset (RWA) issued under Ondo Global Markets. AMDon is set up as a structured loan note (this is a hybrid financial instrument that blends traditional debt, like a bond, with derivative components) that tracks the price of the underlying AMD common stock. Users hold creditor claims against the British Virgin Islands (BVI) issuer rather than holding direct shares or a traditional stock certificate.
Backed Finance issues AMD xStock (tokenised AMD shares or AMDx) as a tracker certificate – a freely transferable token represents stock certificates on selected blockchains. Backed's base prospectus is approved by the Financial Market Authority of Liechtenstein (FMA) under EU Prospectus Regulation, allowing passporting across much of the European Economic Area (EEA).

No matter the issuer structure, this digital framework provides continuous price tracking for global market participants.

How does a tokenised AMD asset work?

Smart contracts handle the issuing, tracking and management of tokenised assets automatically on public ledgers. These programmable agreements ensure that token metrics remain tied to the underlying stock.

A strict custodial process maintains the framework for these assets. Licensed custodians acquire and hold the actual traditional AMD shares in secure accounts.

For Backed Finance, the underlying backing shares are held in custody with Clearstream Banking or InCore Bank, which is a FINMA-licensed Swiss bank. This physical custody ensures that each on-chain token maps accurately to the traditional market asset.

Corporate actions like a traditional stock split are managed automatically by smart contracts, too. The system adjusts the on-chain token supply or metrics proportionally so that your overall economic exposure remains exactly the same.

Dividends are also handled automatically based on the issuer's legal structure. The AMDon token functions as a total-return tracker. This means all cash dividends, net of applicable withholding taxes, are reinvested automatically into the token's net asset value (NAV). No separate cash or stablecoin dividend distributions are made on-chain.

Learn more about how tokenised stocks work here

Benefits of trading AMD tokenised shares

TradFi systems carry legacy structures that can limit market access. Gaining exposure to tokenised AMD shares on public blockchains introduces a few potential advantages:

Extended trading hours: Traditional stock markets restrict trading to specific exchange hours. Blockchain technology allows platforms to offer expanded availability.
Fractional ownership: High stock prices can prevent smaller market participants from owning shares. Digital asset platforms, however, allow users to buy affordable fractions of a token, lowering the capital barrier to entry.
Immediate settlement: Traditional stock purchases tend to settle on a T+1 or T+2 basis. Blockchain ledger infrastructure enables near-instant transaction settlement directly on-chain.
Global accessibility: Tokenised stocks open up economic exposure to major traditional shares for eligible individuals around the world who can’t readily access standard US brokerage accounts.

Tokenised AMD stock vs traditional AMD shares: What's the difference?

Feature	Tokenised AMD asset	Traditional AMD shares
Trading hours	Expanded 24/5 or 24/7 availability	Restricted to standard stock exchange hours
Shareholder rights	Non-binding advisory preferences or no direct proxy voting rights	Direct corporate voting rights and proxy access
Custody mechanics	Held in digital wallets or digital asset platforms	Held in standard traditional brokerage accounts
Settlement cycle	Near-instant settlement on the blockchain ledger	Standard T+1 and T+2 business-day clearing cycle
Legal framework	Structured loan notes or tracker certificates	Direct common share ownership certificates

Risks and considerations when trading tokenised assets

While digital assets offer enhanced flexibility, market participants should carefully evaluate the risks associated with tokenised stocks.

Market volatility – Tokenised assets follow the price fluctuations of the underlying traditional stock market. The value of your holdings can decrease as well as increase based on company performance and macroeconomic shifts.
Liquidity variations – Although blockchain networks operate continuously, order book liquidity may be lower outside of primary market hours, potentially leading to wider spreads.
Regulatory restrictions – Tokenised assets are subject to strict regional eligibility rules and are completely unavailable in certain jurisdictions, including the US.

When mapping out your long-term market strategy, remember that past performance does not guarantee future results.

* Other transaction fees and spread may apply.

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All investments involve risk, and not all risks are suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. Past performance does not guarantee future results.