Backed protocol

Overview

Backed is a protocol that tokenizes real-world assets, primarily equities and ETFs, as ERC-20 tokens on Ethereum. It operates under Swiss DLT law, with each token representing legal ownership of an underlying security held by a regulated custodian. The tokens are used for DeFi collateral, on-chain trading, and gaining exposure to traditional assets in a decentralized manner.

Relations

No connections recorded for this entity in the DeFi Intel knowledge graph yet.

Frequently asked questions

What does Backed tokenize?

Backed tokenizes real-world assets, primarily equities and ETFs, as ERC-20 tokens on Ethereum.

Under what legal framework does Backed operate?

Backed operates under Swiss DLT law, with each token representing legal ownership of an underlying security held by a regulated custodian.

How are Backed tokens used?

Backed tokens are used for DeFi collateral, on-chain trading, and gaining exposure to traditional assets in a decentralized manner.