Swarm BlockXYZ
Swarm Block (XYZ) is a token tracking XYZ shares, backed by dedicated collateral, issued by Swarm Markets through SwarmX GmbH, and distributed through SwarmX GmbH. The underlying security is listed in the information technology sector in North America. Each token entitles holders to dividends, which are distributed in cash. The collateral assets are held by SwarmX GmbH in accounts segregated from the issuer's own funds. Retail investors, professional investors, and institutions in the European Economic Area can mint and redeem directly with Swarm Markets in Block, Inc. shares (XYZ) after completing KYC. Residents of the United States cannot mint or redeem with Swarm Markets. SwarmX GmbH is incorporated in Germany, is offered under an SEC Regulation S exemption, is offered under an EU-approved prospectus, and is supervised by the Liechtenstein Financial Market Authority (FMA). Holder terms are governed by the law of Germany. XYZ is native to BNB Chain, Base, Ethereum, HyperEVM, Plasma, and Polygon.