Netflix xStock (NFLXx) functions as a tracker certificate distributed via Solana SPL and ERC-20 tokens, mirroring the price of Netflix, Inc. (the underlying asset). The design aims to provide eligible crypto market participants with regulatory-compliant exposure to Netflix, Inc. stock prices while preserving the advantages of blockchain technology.

Key Benefits Netflix operates as a media firm offering entertainment services such as streaming movies, TV shows, and games through a subscription model. Additionally, it creates original content and licenses material from other entities.