Switzerland · Financial Services
Financial Services
Cryptocurrency
Blockchain Technology
Backed Finance AG is a Swiss financial services company based in Zug, Switzerland. Founded in 2021, it specializes in tokenizing real-world assets (RWAs) like stocks, ETFs, and bonds on blockchain networks. The company aims to connect traditional capital markets with decentralized finance (DeFi), enhancing accessibility and efficiency in financial instruments. Backed operates under the Swiss DLT Act, ensuring compliance while issuing ERC-20 tokens that represent 1:1 collateralized ownership of underlying assets. These tokens are transferable across wallets and compatible with EVM-based blockchains, allowing integration with various DeFi protocols. The company emphasizes transparency through third-party custodians and tools like Chainlink Proof of Reserve for on-chain verification. Their offerings include a DeFi dashboard for monitoring liquidity pools and price feeds, as well as multichain interoperability for token bridging. Backed targets both institutional and retail users looking to access traditional assets through blockchain technology.
2021
Founded
Financial Services
Industry
Switzerland
Location
1,398,660
Ranking
24 employees
Size

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