Procter & Gamble Launches Blockchain-Based Tracker Certificate
The Procter & Gamble xStock (PGx) is a tokenized tracker certificate that allows cryptocurrency market participants to gain economic exposure to the share price of The Procter & Gamble Company. Issued as Solana SPL and ERC-20 tokens, PGx tracks the price performance of the underlying publicly traded equity.
The product forms part of the xStocks ecosystem, which brings tokenized stocks and exchange-traded funds to public blockchain networks. This multi-chain approach allows PGx to interact with supported wallets, trading venues, and decentralized applications.
PGx is designed to reflect the price performance of The Procter & Gamble Company's shares, providing eligible users with access to a blockchain-native financial instrument linked to one of the world's largest consumer goods companies. However, holding PGx does not grant direct shareholder voting rights or participation in corporate governance.