Backed protocol
Overview
Backed issues ERC-20 tokens on Ethereum representing tokenised versions of equities and ETFs. The protocol is governed by Swiss DLT legislation; each token confers legal title to the corresponding security, which is held by a regulated custodian. Market participants employ the tokens as collateral in DeFi protocols, trade them on-chain, and obtain exposure to conventional assets within a decentralised framework.
Relations
No connections recorded for this entity in The Counterparty knowledge graph yet.
Frequently asked questions
What is Backed?
Backed is a rwa tracked in The Counterparty knowledge graph.
What type of entity is Backed?
Backed is classified as a rwa (protocol) in The Counterparty knowledge graph.