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.
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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.