What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bCSPX is a tokenised tracker certificate reflecting the net total return of the iShares Core S&P 500 UCITS ETF USD, less fees. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain. What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products. Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction. For a full list of prohibited and restricted countries and review of legal documentation, please visit https://www.backedassets.fi/legal-documentation (edited)
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just saying... you can pair with @coinbase stock on @RobinhoodApp and launch your own Coinbase backed token with @Bullstockfun. https://t.co/HwFXo3dGHF
又大了！大家可能很快就能在 Hyperliquid 买到链上美股现货！ @BackedFi 刚刚拍下了 solana:Xsc9qvGR1efVDFGLrVsmkzv3qi45LTBjeUKSPmx9qEh 的现货 ticker。 据说 7 月 10 号 Backed 就在 HyperEVM 部署 xStocks 了，现在算是正式进军 HyperCore 现货市场。 这么看 solana:Xsc9qvGR1efVDFGLrVsmkzv3qi45LTBjeUKSPmx9qEh 只是先发探探路，后续 xStocks 产品很可能会慢慢上 Hyperliquid。
CoinMarketCap Pro API Adds 7,937 Tokenized Real-World Assets with Metadata, Issuers, and On-Chain Tokens
For years, @StakeCapital have been active in M&A, and recent years have sharpened that into real expertise closing deals. Last year alone: @zama 's acquisition of Kakarot and @krakenfx 's acquisition of Backed Finance. This year, two more M&A deals in progress, plus one in deep tech. Happy to talk
Ethfi trading at $350M fdv, fully liquid, doing over $1b in annualized card spend with $3b of deposits While the VCs paid $300M fdv for a multi year vest on the gov token behind apyx unstable strc backed coin Either the market is lost, the VCs are lost, or I’m going down w this ship It makes 0
$SPCXX on ChangeNOW. @xStocksFi by Backed Finance brings traditional market assets into crypto, turning stock-linked exposure into tokens users can hold, transfer, and swap through Web3 infrastructure. Swap $SPCXX on ChangeNOW: https://t.co/f3257E57KF https://t.co/Yky27NV877
Ethfi trading at $350M fdv, fully liquid, doing over $1b in annualized card spend with $3b of deposits While the VCs paid $300M fdv for a multi year vest on the gov token behind apyx unstable strc backed coin Either the market is lost, the VCs are lost, or I’m going down w this ship It makes 0
Let your dividends do what they do best: compound. 🤝 Dividends are automatically reinvested into your bStocks, helping you build long-term wealth over time. Because great portfolios aren't built overnight. They're built through consistency.
backed finance holds $510m in tokenized equity supply under swiss DLT act with clearstream custody, same vault that holds $16T for deutsche börse. SPYx and QQQx are the #1 and #2 most traded assets on raydium right now. $132m morpho market on base. 500 tokenized stocks by december. european pension
Gold-plated yield, fresh off the griddle 🥞 USDC-XGLD is live on PancakeSwap @base. Add liquidity and stack yield on top of @UnitasLabs' gold-backed token. Stack gold. Earn yield. 🧈 https://pancakeswap.finance/liquidity/pool/base/0x99402C22648657a7F515A2f744186e0eBFAF2fB6?chainName=base&id=0x99