Backed, a leading issuer of tokenized real-world assets, announced the launch of its comprehensive suite of services providing tokenization solutions for institutions. Backed’s offerings cater specifically to the needs of financial institutions, enabling them to securely and efficiently issue tokenized assets.
“The problem with current tokenization solutions is they are all focussed on tech – when in reality, compliance and trust are just as important. We already have tokenized products on the market, and this resulted in institutions approaching us to tokenize their private funds and products. We understand the unique challenges and requirements institutions face when entering the digital asset space, and we are uniquely placed to shepherd them through the process from beginning to end.” said Adam Levi, co-founder of Backed. “Our mission is to bridge the gap between TradFi and DeFi by providing a flexible, efficient, and secure tokenization platform that streamlines the process and unlocks the full potential of the blockchain.”
Tokenized Trackers: This service allows for the custom issuance of on-chain trackers representing individual publicly traded securities or thematic baskets. Backed streamlines the token creation process, delivering blockchain and DeFi-ready products within weeks.
Tokenized Actively Managed Certificates (AMCs): These tokens directly represent investment strategies on the blockchain, facilitating streamlined settlement and verifiable ownership. Backed offers an innovative approach to asset management.
Tokenization Platform: Backed provides a comprehensive and complete platform solution for funds and financial institutions. This platform allows users to create, manage, and distribute tokenized investment products.
Tokenization has been heralded as a game-changer for the global economy. Larry Fink, CEO of Blackrock, is well known for saying that the “next step going forward will be the tokenization of financial assets”, saying that every stock and bond will exist as a tokenized asset.
This has many key positives. For one, it would improve efficiency and transparency in financial transactions. Tokenization will increase market access for a wider range of investors, creating truly global markets. A report by FinPlanet, Cashlink, and Porsche Consulting estimated that tokenization will result in up to 85% reduced costs associated with traditional financial processes.
Swiss-based Backed brings real-world assets on-chain. Backed issues permissionless tokens that track the value of real-world assets and are fully collateralized by them, such as stocks or ETFs. Tokens are issued in compliance with the Swiss DLT Act. Backed offers tokenization services to institutional clients, bridging the gap between TradFi and DeFi.
The document is intended for informational purposes only and does not constitute an offer or solicitation to buy or sell any tokens or securities. The tokenization services described herein are only available to qualified legal entities that meet certain eligibility criteria and comply with applicable laws and regulations. The services are not intended for any jurisdiction where such services are prohibited or restricted. Backed is not a registered broker-dealer, investment adviser, or financial services provider and does not provide any investment, legal, tax, or accounting advice.