Backed Finance AG

We are hiring 🧑💻 🚀 Backed is looking for a DeFi Community and Growth Lead to expand and engage our community while driving adoption of tokenized equities in DeFi. If you're passionate about crypto, Web3, and community-building, and want to help shape the future of tokenized assets, we want to hear from you. https://lnkd.in/d4hHck9m

Our Head of Marketing David Henderson is at ETH Denver this week. If you want to learn more about what we're building at Backed, reach out. On Thursday 27th, we're taking part in a Fireside Chat organized by Kraken Digital Asset Exchange Institutional discussing the future of tokenization alongside other industry leaders Ondo Finance, Inveniam and McKinsey & Company.

We've been working with FORDEFI since the very beginning to build our modular, scalable, and secure tokenization infrastructure. They've made rolling out our assets to Sonic Labs a breeze 🤝

Our tokenized assets are coming to Assetera, enabling non-US retail access. Assetera is a regulated MiFID exchange for tokenized securities, built on Polygon Labs. This will allow non-US retail users to buy our licensed S&P Global S&P 500® tracker and get exposure to popular stocks like NVIDIA, Coinbase, and Tesla - all without ever having to leave the onchain ecosystem. Read more on CoinDesk ⬇️ https://lnkd.in/gS-Mp67E

Our tokenized assets are coming to Assetera, enabling non-US retail access. Assetera is a regulated MiFID exchange for tokenized securities, built on Polygon Labs. This will allow non-US retail users to buy our licensed S&P Global S&P 500® tracker and get exposure to popular stocks like NVIDIA, Coinbase, and Tesla - all without ever having to leave the onchain ecosystem. Read more on CoinDesk ⬇️ https://lnkd.in/gS-Mp67E

Our tokenized assets are coming to Assetera, enabling non-US retail access. Assetera is a regulated MiFID exchange for tokenized securities, built on Polygon Labs. This will allow non-US retail users to buy our licensed S&P Global S&P 500® tracker and get exposure to popular stocks like NVIDIA, Coinbase, and Tesla - all without ever having to leave the onchain ecosystem. Read more on CoinDesk ⬇️ https://lnkd.in/gS-Mp67E

We are thrilled to announce our partnership with Sonic Labs (prev. Fantom), Fortlake Asset Management, and Chainlink Labs. Together we are pushing the boundaries of finance by tokenizing Fortlake’s Sigma Opportunities Fund on the Sonic blockchain. Through this collaboration, we will issue digital tokens representing Fortlake Sigma Fund units, bringing top-tier investment solutions to the Sonic ecosystem. These tokens will be permissionless and DeFi enabled, enhanced with critical data and cross-chain capabilities through the Chainlink standard. Fortlake was recently recognized as Asset Manager of the Year for Australian Fixed Income, and currently has over AUD$1Bn in AUM. Their Sigma fund targets 7-10% above the fed funds rate. In the last year, the fund returned 10% using actively managed fixed-income strategies. The Sigma Fund marks the launch of our Tokenization-as-a-Service (TaaS) offering after our initial development process. We’re excited to continue helping institutions embrace the future of finance. Read more about the collaboration below ⬇️ https://lnkd.in/g_d_H3jB

We're thrilled to have been awarded an A rating by Particula for our T-Bill product, bIB01! "The rating reflects the issuer's notable market presence, robust product structure supported by regulatory oversight, and the secure, transparent technical infrastructure, along with the increasing utility of the bIB01 token." Our tokens are digital securities - which gives users a transparent claim to the value of the underlying collateral. bIB01 joins, bNVDA which received an A rating from Particula earlier this year.

Our Head of Product Giorgio Giuliani is speaking at ETHMilan tomorrow on the RWA panel with other speakers from Mountain Protocol, Mento Labs, and Swarm. We're looking forward to the disccuson on how we all approach tokenization, and how we're all pushing the sector forward.

We're excited to announce the next phase of our partnership with INX! We've expanded our tokenized equities listings on the platform, now including: 🔴 Tesla (bTSLA) 🔵 Microsoft (bMSFT) 🟣 Google (bGOOGL) 🟡 Gamestop (bGME) All trading on Polygon Labs PoS 🌐 With more coming soon... These additions follow our successful launch of tokenized NVIDIA stock (bNVDA). What are bTokens? bTokens are structured products issued onto the blockchain. These structured products are backed 1:1 by underlying assets, held in regulated Swiss custodian banks in a bankruptcy remote structure. Holding a bTokens conveys legal ownership of the structured product, and the primary claim to the value of the underlying asset. They are permissionless and can be freely transferred between wallets. Increased Accessibility: Our tokenized stocks allow investors globally to access exposure to major US equities. Many of us take for granted the ease of access to US equities - but this isn't the case in many jurisdictions. Beyond Treasuries: We believe that tokenized treasuries and credit are just the beginning. Equities and index trading are a foundational part of our global economy, and the entire blockchain ecosystem can benefit from exposure to these asset classes. We're going to expand access to these tokenized equities in major ways in the coming months. We're excited to enable trading and exposure to a relatively unexplored asset class for blockchain native users, organizations, and apps. We believe in a future where traditional assets and digital markets seamlessly converge on the blockchain ⛓️ You can start trading now on https://www.inx.co/