PepsiCo stock (PEP) has a tokenised version, PEPx, a blockchain based asset that represents PepsiCo shares. Each PEPx token is backed 1:1 by real PepsiCo shares held in regulated custody. PepsiCo is a global food and beverage company whose brands include Pepsi, Gatorade, Lay's, Doritos, Quaker and Tropicana. It was formed in 1965 through the merger of Pepsi-Cola and Frito-Lay and sells products in more than 200 countries and territories. PepsiCo is headquartered in Purchase, New York. Holding PEPx gives you indirect exposure to PepsiCo shares, but it is not the same as owning the underlying shares and does not come with shareholder rights.