Backed Introduces Tokenized Equities for Global Investors
Tokenization Protocol Backed Expands Offerings
Backed, a pioneering tokenization protocol, has launched a series of tokenized equities, providing a one-to-one backing with stocks of major global companies. This initiative bridges traditional finance (TradFi) and decentralized finance (DeFi), offering innovative financial solutions.
Bridging Traditional and Decentralized Finance
Operating under the Swiss Distributed Ledger Technology Act, Backed issues bTokens that accurately reflect the value of various assets, including treasury ETFs, corporate bond ETFs, and equities. These offerings include tokenized stocks of industry giants like Microsoft, GameStop, MicroStrategy, Tesla, and Alphabet, enabling non-US investors to gain exposure to S&P 500 companies while maintaining on-chain, self-custodied assets.
Expanding Market Access with Tokenized Equities
Backed's new products represent a significant step towards fully tokenized capital markets, enhancing market access for emerging economies in regions like LATAM, Africa, and SE Asia, where demand for U.S. equities is rising. Asset managers can explore new liquidity sources and arbitrage opportunities between on-chain and off-chain markets while maintaining fundamental portfolio principles.
Existing Product Range and Future Prospects
The newly introduced tokenized equities join Backed's existing offerings, such as bCSPX, bCOIN, and bNVDA. These products allow accredited investors to benefit from the stocks' potential with the convenience of 24/7 blockchain trading, backed by corresponding stocks for added investor confidence.
Facilitating Global Investment with Blockchain
Backed's tokenized stocks simplify access to diverse assets, eliminating the need for off-ramp funds, and appealing to crypto organizations seeking diversification. Beyond equities, Backed also offers tokenized corporate and government bonds, including T-bills, enabling users to build diversified on-chain portfolios.
Integrating Tokenized Assets in Decentralized Finance
Designed for decentralized finance applications, Backed’s tokenized equities can serve as collateral in loans and money markets, including stablecoins. The introduction of tokenized stocks like bMSFT, bGME, bMSTR, bTSLA, and bGOOGL expands opportunities for developers to innovate with products anchored by these digital assets, promoting a more inclusive and transparent global investment landscape.
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