Bank of America stock (BAC) has a tokenised version, BACx, a blockchain based asset that represents Bank of America shares. Each BACx token is backed 1:1 by real Bank of America shares held in regulated custody. Bank of America is one of the largest banks in the United States, serving individuals, small businesses and large corporations. Its operations include consumer banking, wealth management through Merrill, and global banking and markets. It is headquartered in Charlotte, North Carolina. Holding BACx gives you indirect exposure to Bank of America shares, but it is not the same as owning the underlying shares and does not come with shareholder rights.