{
  "schemaVersion": 5,
  "coverage": {
    "chainIds": [
      "eip155:1",
      "eip155:56",
      "eip155:42161",
      "solana:5eykt4UsFv8P8NJdTREpY1vzqKqZKvdp",
      "tron:728126428",
      "tvm:-239",
      "eip155:5000",
      "eip155:999",
      "eip155:57073",
      "eip155:196",
      "eip155:10",
      "eip155:143",
      "eip155:4663",
      "eip155:8453",
      "eip155:2818",
      "eip155:202110",
      "eip155:98866",
      "eip155:43114",
      "eip155:5042"
    ],
    "complete": false
  },
  "metricsSchemaVersion": 1,
  "instrument": {
    "id": "meta-backpack-meta-us",
    "assetId": "meta",
    "providerId": "backpack",
    "name": "Meta Platforms, Inc. (Backpack)",
    "symbol": "META.US",
    "aliases": [],
    "issuer": {
      "value": "Trek Nexus Markets Ltd",
      "explanation": "Issuer Terms name a BVI business company or issuing affiliate; not Trek Labs exchange operator, Trek Forge beneficiary, or underlying company. No independently verified affiliate-per-series allocation.",
      "sourceIds": [
        "expansion-backpack-issuer-pdf"
      ]
    },
    "structure": {
      "value": "Digital receipts evidencing potential pro-rata entitlement under separate bare trusts",
      "explanation": "Issuer Terms p1 and clauses 1.7,1.18: trust created solely by June 6 Instrument; Trek Forge/nominee is sole recognized beneficiary while exchange supports tokens unless a Direct Redemption Contingency occurs and register is updated. Token withdrawal alone does not confer beneficiary/redemption rights. Marketing real ownership refers also to a different traditional UCC Article 8 account model.",
      "sourceIds": [
        "expansion-backpack-issuer-pdf",
        "expansion-backpack-docs",
        "expansion-backpack-framework"
      ]
    },
    "dividends": {
      "value": "reinvested",
      "explanation": "Issuer Terms 3.7 requires allocation of received distributions into additional underlying approved assets, net of fees/withholdings unless otherwise agreed; token overview says token dividends reinvested and corporate actions via proportional/rebasing balance adjustment. Not a claim that every stock pays dividends, that every holder is a direct beneficiary, or that traditional cash USD payouts apply to tokens.",
      "sourceIds": [
        "expansion-backpack-issuer-pdf",
        "expansion-backpack-docs"
      ]
    },
    "rights": {
      "value": "not-direct-shareholder",
      "explanation": "Ordinary wallet token holding is not direct underlying shareholder ownership. Issuer Terms 1.18 restrict beneficiary recognition to Trek Forge until contingency/register update, with KYC/KYT/evidentiary requirements. Clause 3.9 allows recognized Tokenholder voting instructions subject to limits, so do NOT simplify to no voting under every circumstance. Brokerage securities rights are separate.",
      "sourceIds": [
        "expansion-backpack-issuer-pdf",
        "expansion-backpack-docs",
        "expansion-backpack-framework"
      ]
    },
    "metrics": {
      "price": {
        "value": 614.86,
        "currency": "USD",
        "basis": "aggregated-token-price",
        "asOf": "2026-11-01T11:41:55.000Z",
        "observedAt": "2026-11-01T11:42:25.738Z",
        "source": {
          "name": "CoinGecko",
          "url": "https://www.coingecko.com/en/coins/meta-platforms-backpack-securities"
        },
        "explanation": "CoinGecko aggregate USD price per provider coin unit; equivalence to raw deployment units or underlying shares is not established. Provider update time, not necessarily last trade; independent secondary trading is not established."
      },
      "marketCap": {
        "value": 1030327,
        "currency": "USD",
        "basis": "reported-circulating-market-cap",
        "asOf": "2026-11-01T11:41:55.000Z",
        "observedAt": "2026-11-01T11:42:25.738Z",
        "source": {
          "name": "CoinGecko",
          "url": "https://www.coingecko.com/en/coins/meta-platforms-backpack-securities"
        },
        "explanation": "CoinGecko-reported circulating market cap for this coin, not FDV or a sum of deployments; circulation is not independently audited. As-of is provider row update time, not necessarily last trade."
      }
    }
  },
  "provider": {
    "id": "backpack",
    "name": "Backpack",
    "aliases": [],
    "website": "https://backpack.exchange/tokenized-stocks/assets",
    "sourceIds": [
      "expansion-backpack-assets"
    ]
  },
  "asset": {
    "id": "meta",
    "name": "Meta Platforms",
    "ticker": "META",
    "aliases": [
      "Meta Platforms",
      "Meta Platforms stock",
      "Meta Platforms, Inc. Class A Common Stock"
    ],
    "identity": {
      "value": "Meta Platforms, Inc. Class A Common Stock / META",
      "explanation": "Underlying stock name and ticker published on the issuer product page.",
      "sourceIds": [
        "ondo-meta-product"
      ]
    },
    "isin": {
      "value": "US30303M1027",
      "explanation": "Underlying security ISIN reported by the issuer API, distinct from the xStock instrument ISIN (CH1436219229).",
      "sourceIds": [
        "xstocks-meta-api-2026-10-31"
      ]
    },
    "exchange": {
      "value": "Nasdaq Stock Market (XNAS)",
      "explanation": "Underlying listing exchange reported by the issuer API, not the venue where the token trades.",
      "sourceIds": [
        "xstocks-meta-api-2026-10-31"
      ]
    },
    "metrics": {
      "price": {
        "value": 614.99,
        "currency": "USD",
        "basis": "regular-market-price",
        "asOf": "2026-10-30T20:00:01.000Z",
        "observedAt": "2026-11-01T11:42:16.514Z",
        "source": {
          "name": "Yahoo Finance",
          "url": "https://finance.yahoo.com/quote/META/"
        },
        "explanation": "Regular-market price in USD per underlying listed share; not after-hours or token price."
      },
      "marketCap": {
        "value": 1572426743808,
        "currency": "USD",
        "basis": "reported-equity-market-cap",
        "asOf": null,
        "observedAt": "2026-11-01T11:42:16.514Z",
        "source": {
          "name": "Yahoo Finance",
          "url": "https://finance.yahoo.com/quote/META/"
        },
        "explanation": "Yahoo-reported equity market cap; effective date unknown (not exposed). Share-class methodology is not independently confirmed; not an independent audit."
      }
    }
  },
  "deployments": [
    {
      "id": "meta-backpack-meta-us-solana",
      "instrumentId": "meta-backpack-meta-us",
      "chainId": "solana:5eykt4UsFv8P8NJdTREpY1vzqKqZKvdp",
      "chainName": "Solana",
      "address": {
        "value": "METAaH6MMZZgy2CTEJq3QdNi7AFVTV3NxHFBfFgLEDd",
        "explanation": "Issuer-published base token address; no onchain execution or runtime verification.",
        "sourceIds": [
          "expansion-backpack-assets",
          "expansion-backpack-api-assets"
        ]
      },
      "decimals": {
        "value": 6,
        "explanation": "Issuer registry explicitly publishes decimals for this exact deployment; not an RPC observation.",
        "sourceIds": [
          "expansion-backpack-api-assets"
        ]
      },
      "balance": {
        "value": null,
        "explanation": "Token overview describes proportional/rebasing balance adjustments, but no issuer source consulted specifies SPL raw-unit vs scaled-UI accounting for each mint. Do not infer scaled-ui-amount from Solana or decimals=6.",
        "sourceIds": [
          "expansion-backpack-docs",
          "expansion-backpack-issuer-pdf"
        ]
      },
      "explorerUrl": "https://solscan.io/token/METAaH6MMZZgy2CTEJq3QdNi7AFVTV3NxHFBfFgLEDd",
      "lifecycle": {
        "value": null,
        "explanation": "Published address does not establish operational lifecycle, current minting, eligibility or trading availability.",
        "sourceIds": [
          "expansion-backpack-assets",
          "expansion-backpack-api-assets"
        ]
      }
    }
  ],
  "sources": [
    {
      "id": "ondo-meta-product",
      "title": "METAon: Meta Platforms (Ondo Tokenized) Tokenized Stock Price & Chart | Ondo",
      "url": "https://app.ondo.finance/assets/metaon",
      "checkedAt": "2026-10-31T13:03:59.224884Z",
      "kind": "issuer-product-page",
      "scope": "instrument"
    },
    {
      "id": "xstocks-meta-api-2026-10-31",
      "title": "Meta xStock — xStocks public asset API",
      "url": "https://api.xstocks.fi/api/v2/public/assets/METAx",
      "checkedAt": "2026-10-31T13:20:52.382081+00:00",
      "kind": "issuer-registry",
      "scope": "instrument"
    },
    {
      "id": "expansion-backpack-assets",
      "title": "Backpack-issued tokenized securities asset universe",
      "url": "https://backpack.exchange/tokenized-stocks/assets",
      "checkedAt": "2026-10-31T19:13:08.165945Z",
      "kind": "issuer-registry",
      "scope": "issuer-family"
    },
    {
      "id": "expansion-backpack-docs",
      "title": "Backpack tokenized securities ownership-model overview",
      "url": "https://support.backpack.exchange/backpack-securities/tokenized-securities",
      "checkedAt": "2026-10-31T19:13:08.586071Z",
      "kind": "issuer-documentation",
      "scope": "issuer-family"
    },
    {
      "id": "expansion-backpack-issuer-pdf",
      "title": "Backpack Securities Issuer Terms and Conditions, effective 10 June 2026",
      "url": "https://drive.google.com/uc?export=download&id=1stJoNwPAOaHDbFmL72OGSkAxyCf-_RCo",
      "checkedAt": "2026-10-31T19:15:31.329368Z",
      "kind": "issuer-documentation",
      "scope": "issuer-family"
    },
    {
      "id": "expansion-backpack-framework",
      "title": "Backpack real ownership and legal framework",
      "url": "https://support.backpack.exchange/backpack-securities/real-ownership-and-legal-framework",
      "checkedAt": "2026-10-31T19:14:07.370650Z",
      "kind": "issuer-documentation",
      "scope": "issuer-family"
    },
    {
      "id": "expansion-backpack-api-assets",
      "title": "Backpack public asset metadata registry",
      "url": "https://api.backpack.exchange/api/v1/assets",
      "checkedAt": "2026-10-31T19:19:58.937896Z",
      "kind": "issuer-registry",
      "scope": "issuer-family"
    }
  ],
  "links": {
    "html": "/stocks/instruments/meta-backpack-meta-us",
    "markdown": "/stocks/instruments/meta-backpack-meta-us.md",
    "json": "/stocks/instruments/meta-backpack-meta-us.json"
  }
}
