The Russell 2000 xStock (IWMx) functions as a tracker certificate that is issued as a freely transferable token on specific blockchains. Its primary role is to track the price of the iShares Russell 2000 ETF. The design of IWMx aims to provide eligible investors with regulatory-compliant access to the stock price of the iShares Russell 2000 ETF, while simultaneously preserving the advantages associated with blockchain technology.