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Backed
- RWA
- DeFi
- Digital Securities
Established Year 2021 | Operating Status Active |
Ecosystem         | |
Backed provides the infrastructure for capital markets to bridge real-world assets onto the blockchain. They issue ERC-20 tokens that track the value of real-world assets, such as stocks or ETFs. These tokens are freely transferable across wallets, fully collateralized by the underlying asset, and issued in compliance with the Swiss DLT act.
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websiteRecent News
UAE Goes Digital: Dirham-Backed DDSC Stablecoin Now Live on ADI Chain for Institutional Payments
Regulatory Guidelines on the Issuance of Asset-Backed Security Tokens by Domestic Assets Overseas
USDU Becomes UAE’s First Dollar-Backed Stablecoin Fully Backed by Local Banks for Institutional Use
a16z-Backed Crypto Startup Entropy Shuts Down After Four Years and Returns $25 Million to Investors
CME launches Bitcoin volatility index; Kraken acquires Backed Finance.
South Korea’s Largest Internet Portal Naver Plans Merger with Dunamu to Launch Won-Backed Stablecoin